§ 2-57. Same—Disbursal of funds and properties.

Latest version.

Whenever dissolution of the authority shall occur, whether instituted by this council or by the board of directors of the authority, the dissolution proceedings shall transfer the title to all funds and properties then owned by the authority to the city after satisfaction of all claims against the corporation has been made.

(Ord. No. 4354, § 8, 3-1-84)

                    
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