The Industrial Plaza of York District is hereby created as of the effective date of this section. The District shall continue in existence until such time as all project costs are fully paid or until December 31, 2012, whichever occurs first. However, the District shall not be dissolved as long as tax incremental bonds or notes for the District remain outstanding. Council hereby determines, as of the date of the adoption of this section, that the requisite time provided for under the Act has passed since the date of the public hearing.
(Ord. 22-1993 Sec. 1. Passed 8-24-93.)