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<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 />
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<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 />
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