2.84.140 - DISPOSITION OF EARNINGS AND PROPERTY
Any net earnings of the development corporation beyond those necessary for retirement of indebtedness incurred by it shall inure to the city and not for the benefit of any other person. Alteration of the charter of or dissolution of or audits of the development corporation shall be as provided by the Act and by subsequent ordinances of the city. Upon dissolution of the development corporation, title to all property owned by the corporation shall vest in the city. [Ord. 9449 § 13. 1985]
