HB525 Summary

• Authorizes the formation of the Willow Point Estates Road Maintenance District in Tallapoosa County to maintain, repair, construct, and pave roads and bridges within the subdivision.

• Establishes a petition and election process requiring at least 30 qualified property owners to petition the Judge of Probate, with a $500 filing fee, and approval by majority vote of qualified voters.

• Creates a 5-member board of directors to manage the district with initial terms of 12 months, with subsequent members elected for 2 and 3-year terms.

• Authorizes the district to assess annual road maintenance charges on qualified property owners, collected by the Tallapoosa County Revenue Commissioner, with funds used exclusively for road and bridge maintenance.

• Establishes that the district shall be exempt from all state and local taxation and may be abolished only if it has no debt and another entity agrees to accept the roads.