[Amended 8-14-2017 by Ord. No. 76-2017]
A. The Authority shall automatically terminate on December 31, 2020, unless continued or extended by subsequent action of the City Council of the City of Reading, as set forth in the Act at 73 P.S. § 834(9).
B. In the event of termination, all property of the Authority shall pass to the City of Reading and the District shall cease to exist.