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<baltimore-city-law heading="§ 19-17 Dissolution of District.">
  <section prefix="§" num="19-17" heading="Dissolution of District.">
    <para num="(a)" heading="Dissolution on non-renewal.">If the District is not renewed as provided in &lt;cite data-path="|14|§19-16"&gt;§ 19-16 of this subtitle&lt;/cite&gt;, the Authority shall cease its operations and the District shall cease to exist at the end of the City’s fiscal year in which approval was not granted, subject to limited continuation as provided in subsection (b) of this section.</para>
    <para num="(b)" heading="Limited continuation.">The Authority shall continue its existence only as long as necessary to:<para num="(1)">terminate operations in a reasonable fashion;</para>
      <para num="(2)">arrange for the disposition of all funds not needed to satisfy outstanding obligations or to provide reserves for uncertain obligations and liabilities; and</para>
      <para num="(3)">arrange for the disposition of all real and personal property owned by the Authority and submit all proceeds to the City.</para>
    </para>
    <para num="(c)" heading="Unspent funds.">Any unspent funds shall revert to the City’s general fund and shall be used for improvements in the communities in immediate proximity to the video lottery facility, as required by &lt;cite data-doc="Md. Code" data-path="gsg|9-1"&gt;State Government Article § 9-1&lt;/cite&gt;A-31(b)(3)(ii).</para>
    <annotation type="History">Ord. 16-509</annotation>
  </section>
</baltimore-city-law>
