§ 2-59. Authority an instrumentality of the city.

Latest version.

It is intended that the authority be a duly constituted authority and instrumentality acting on behalf of the city within the meaning of regulations of the Treasury Department and the revenue rulings of the Internal Revenue Service of the United States promulgated under Sections 103 and 115 of the Internal Revenue Code of 1954, as amended.

(Ord. No. 4354, § 10, 3-1-84)

                    
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