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the Town of Hillsborough, the Town of Mebane, or the City of Durham <br />in accordance with the provisiorG of this section. <br />(a) Upon a favorable vote of the majority of the membership <br />of the governing body of the municipalities listed in <br />this section, the entire area of that municipality that <br />is located within Orange County shall be annexed (the <br />"annexed area ") to the District on the first day of the <br />next quarterly period that follows the month in which <br />the vote took place. <br />(b) Consistent with Section 5 of this Part, if any of the <br />municipalities referenced in this section vote to be in <br />the District, the net proceeds generated by the tax <br />authorized by this Part and distributed to any such <br />a municipality shall be deposited in a capital reserve <br />a <br />F.� <br />improvements fund and may be expended only for the pur- <br />poses authorized in subsection 5 of this Part. <br />(c) When the District is expanded to include an annexed area, <br />the consultation required under Section 7 of this Part <br />shall include consultation with the governing body of the <br />municipality within those corporate limits the annexed <br />area lies. <br />(d) When the District is expanded to include an annexed area, <br />the District shall distribute to the governing body of <br />the municipality within whose corporate limits the <br />annexed area lies the net proceeds of the tax received <br />by the District due to development that has taken place <br />0 <br />