Whenever a majority of the members of the board considers it to be in the best interests of the district and the area served by the district that the district be dissolved, it shall so determine by resolution, after there is first found and determined and recited in the resolution that all outstanding indebtedness and bonds of all kinds of the district have been paid. The secretary of the board shall give notice by publication of: 1. The adoption of the resolution; 2. The determination of the board that the district should be dissolved; and 3. The time and place for hearing preliminary to the adoption of an ordinance on dissolution.
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