Hastings |
Code of Ordinances |
Chapter 30. COMMUNITY DEVELOPMENT |
Article II. DOWNTOWN DEVELOPMENT AUTHORITY |
§ 30-37. Termination.
Latest version.
Upon completion of its purposes, the authority may be dissolved by the council. The property and assets of the authority, after dissolution and satisfaction of its obligations, shall revert to the city.
(Code 1970, § 13.189)
State law reference
Similar provisions, MCL 125.1680.