Sec. 441.025. GROUNDS REQUIRING GRANTING OF PETITION. The commission shall grant the creation of the district and approve the plan if it finds that:
(1) the creation of the district will benefit the real property in the district;
(2) each proposed road facility is feasible, practicable, and necessary and will benefit the district and the real property in the district;
(3) each governmental entity to which a road facility is to be conveyed has approved the preliminary plan for the road facility;
(4) the person seeking approval has agreed in writing to comply with the requirements of each municipality in which or extraterritorial jurisdiction of which a road facility is to be located, if the road facility is to be conveyed to a county;
(5) each governmental entity to which a road facility is to be conveyed has agreed, by issuing an approval statement, to accept the conveyance; and
(6) the district will be financially able to issue and pay its bonds.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.
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