(a) On or after January 1, 2020, the owner or owners of a majority of the assessed value of real property in the district may submit a petition to the governing body of the city requesting that the governing body appoint five persons as initial directors from a list of persons agreed on by the governing body of the city and the owner or owners of a majority of the assessed value of real property in the district.(b) A petition must name more than five qualified persons.(c) The governing body shall appoint as initial directors five persons listed in the petition who are qualified to serve as directors.(d) The initial directors shall determine by lot which three positions expire June 1, 2022, and which two positions expire June 1, 2024.(e) An initial director is not entitled to compensation under Section 3972.0206.(f) This section expires September 1, 2025. Added by Acts 2019, 86th Leg., R.S., Ch. 1010 (H.B. 4730), Sec. 1, eff. January 1, 2020.