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<br />.....-..r;*j.!3r~:"~~.;.p:~~~n'>olO':~'.....,;:.,.~....:O,,'..,..:"':~~"'..*',.~,;'"...., '. I, '.;' .~,:-...", '_~~""<If,,,:':'..~...~~I::,.:,.;~,"':,.,:"::~/;;::,,, ~:fo ',';,' ';:::..;:.~:\,\,~.',:".:~: :'::<';~~'".!o\.:~.":'.,,,, <br /> <br />~ <br /> <br />.:;~~""~.: :"1~.~'...~;. ~ <"~~~~~~~?I~~~~~~~;"~,,~~~:-,:~~~~:~~,-::-:f.-~.~~~:~ ~ .~~'~:'j:~~~~;~~f~..:.-;~~.~".~.l~~'~';I;':}~:";".!'~~~~~'~'{'-4r~I'~~~..~ :".;'.~~~.' '~~.~. ~~i'~. : "', ~':;:71 .~.:.: .~.; - ~,) t..' . "... <br />. . . . <br /> <br />. <br /> <br />~ <br /> <br />-- <br /> <br />.'. ", <br /> <br />. <br />. <br /> <br />snall tnereupon stand dissolved and title to all funds and prop- <br />erties owned by tne Corporation at the time of such dissolution <br />shall vest severally in the sponsoring political subdivsions in <br />proportion to the ratio that each of their populations (as re- <br />flected by the 1980 decennial census) bears to their total popu- <br />lation (as reflected by the 1980 decennial census). <br /> <br />Section 7. That, pursuant to the provisions of the Act, the <br />Corporation shall be a public instrumentality and nonprofit <br />corporation existing and acting on benalf of, but separate and <br />apart from, the sponsoring political subdivisions, and the spon- <br />soring political subdivisions shall not be liable for any of the <br />ohligations of the Corporation or bound by any actions or pro- <br />ceedings of the Corporation except as may be specifically assumed <br />by the sponsoring political subdivisions. <br /> <br />Section 8. That the Mayor and the City Secretary of the City <br />and other appropriate officials of the City are hereby authorized <br />and directed to execute all appropriate Certificates and to do <br />any and all other things necessary and/or convenient to carry out <br />the provisions of this resolution. <br /> <br />e <br /> <br />Section 9. That a duly certified copy of this resolution <br />shall be admissible in evidence in any suit, action or proceeding <br />involving the validity or enforcement of or otherwise relating to <br />any contract of the Corporation, and shall be deemed conclusive <br />proof that the Corporation has been authorized to be formed. and <br />to transact business and exercise its powers pursuant to the <br />provisions of the Act.., <br /> <br />Section 10. That this resolution and all the terms and <br />provisions hereof shall be liberally construed to effectuate the <br />purposes set forth herein and to sustain the validity of the <br />authorization ox the formation and operation of the Corporation. <br />If any word, phrase,' clause, sentence, paragraph, section or <br />other part of this resolution, or the application thereof to any <br />person or circumstance, shall ever be held to be invalid or <br />unconstitutional by any court of competent juriSdiction, the <br />remainder of this resolution and the application of such word, <br />phrase, clause, sentence, paragraph, section or other part of <br />this resolution to any other persons or circumstances shall not <br />be affected thereby. <br /> <br />Section 11. That the City Council has considered evidence of <br />tne posting of notice of this meeting of the City Council, and <br />the City Council officially finds, determines, recites and de- <br />clares that a sufficient written notice of the date, place, and <br />hour of this meeting of the City Council and of the subject of <br /> <br />-4- <br />