HB 442 -- Water Districts Co-Sponsors: Hobbs, Townley, Quinn, Munzlinger Under current law, contiguous public water supply districts or cities and contiguous districts may agree to have territory detached from one entity and annexed by the other. This bill requires the acquiring city or district to assume a proportion of any existing contractual liquidated obligations or revenue bonds for the water system of the detaching city or district, based on the ratio of assessed valuations of real and personal property within the annexed territory and within the entire city or district from which the territory is being detached. Other agreements are allowed if the local circuit court finds that the holders of existing obligations and bonds are protected. The circuit court is required, when detaching territory from a water district, to change the boundaries of the water district and divide the district into the required subdistricts for the purpose of district elections. A certified copy of the circuit court judgment showing any territorial changes and new subdistricts must be filed with the recorder of deeds in the office of the county clerk in each county in which the district has territory and in the Office of the Secretary of State.Copyright (c) Missouri House of Representatives