A not-for-profit Corporation shall be organized in accordance with the provisions of this article under chapter 246 of the Indiana Acts of 1921, as amended; the name of which shall be “Housing and Neighborhood Development Services, Inc.” Such Corporation shall be a quasi-public Corporation of the city, within the meaning of chapter 229 of the Acts of 1967, as amended, and the territorial jurisdiction of such Corporation shall be deemed coextensive with the territorial jurisdiction of the city.
('74 Code, § 2-76) (Ord. G-25-75, passed - -75; Am. Ord. S-98-82, passed 6-8-82)