Orange County Transit DistrictDissolution
Section § 40500
This law allows the board to organize an election at any time to ask voters in the district if it should be dissolved. If a petition is filed with enough signatures from voters—specifically, 25% of the votes from the last general election—the board must hold an election to decide on dissolving the district.
Section § 40501
This law describes the timing for an election to decide if a district should be dissolved. It states that the vote must take place on the next scheduled election date that is at least 74 days after a petition has been filed requesting the dissolution.
Section § 40502
Any time there is an election to dissolve an organization, a notice must be published to inform the public. This applies whether the election is initiated by a petition or ordered by the board. The election date must be set at least 30 days after the first notice is published.
Section § 40503
This law section provides guidelines for the formatting of ballots used in an election concerning the potential dissolution of the Orange County Transit District. Apart from the usual instructions found on state and county election ballots, it specifies that the ballot should include a direct question: 'Shall the Orange County Transit District be dissolved?' with options to vote 'YES' or 'NO'.
Section § 40504
This law states that if the majority of people vote to dissolve a district, then the board must officially end the district by passing a resolution.
Section § 40505
The board is required to submit an official copy of its resolution to both the Secretary of State and the local county recorder's office for documentation.
Section § 40506
This law states that when a district is dissolved, any property it owns or controls located within a city automatically becomes the city's property. If the property is outside a city, it becomes the property of the county where it is located.
Section § 40507
The county's board of supervisors takes on the role of managing a district that has been dissolved. They have the authority to collect taxes and assessments and handle any necessary tasks to settle the district's affairs, including paying off any debts it owes.