(a) A district shall submit to the commission a petition for dissolution of the district after:
(1) the district has completed each construction, acquisition, and improvement of a road facility provided in the plan approved by the commission;
(2) the district has conveyed each road facility to a governmental entity; and
(3) all bonds and other district indebtedness are paid in full.
(b) The district shall submit with the petition evidence that the commission by rule or order requires to show that each proposal in the plan has been completed and all bonds and other district indebtedness have been paid in full.