City of Spokane

Spokane Municipal Code

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Title 04
Chapter 04.25
Section 04.25.280
 

Title 04 Administrative Agencies and Procedures

Chapter 04.25 Public Development Authority

Article I. General Provisions

Section 04.25.280 Disposition of Assets Upon Dissolution

Upon dissolution of the authority and the winding up of its affairs the city council may provide for the transfer of the rights, assets and property of the authority to a qualified entity or entities which will fulfill the purposes for which the authority was chartered. Otherwise title to all remaining property and assets of the authority vests in the City of Spokane upon the dissolution of the authority.

Date Passed: Monday, March 26, 2007

Effective Date: Sunday, May 6, 2007

Recodification ORD C33995 Section 1