§ 164.50. SUNSET PROVISION.  


Latest version.
  • (A) This chapter shall remain in effect for a period of ten years from the effective date, at which time, it shall "sunset," and its provisions expire.
    (B) If any bonds that are issued in connection with the provisions of this chapter have not been paid in full by the expiration date of this chapter, the sunset provision of subsection (A) shall not take effect until such time as the bond debt has been fully retired.
    (C) Upon Council legislative re-enactment, the provisions of this chapter may be continued after their expiration date as set forth herein.
    (Lou. Metro Ord. No. 66-2006, approved 4-17-2006)