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Real Property Transfer Agreement - 466 Works Development - 207 E Dayton St
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Real Property Transfer Agreement - 466 Works Development - 207 E Dayton St
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Last modified
4/17/2025 3:56:22 PM
Creation date
2/11/2025 2:07:02 PM
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Board of Public Works
Document Type
Projects
Document Date
2/11/2025
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Distribution of assets on disso, �m or final liquidation <br />UPON THE DISSOLUTION OF THE CORPORATION, THE BOARD OF DIRECTORS SHALL, AFTER <br />PAYING OR MAKING PROVISION FOR THE PAYMENT OF ALL OF THE LIABILITIES OF THE <br />CORPORATION, DISPOSE OF ALL ASSETS OF THE CORPORATION EXCLUSIVELY FOR <br />RELIGIOUS, CHARITABLE, EDUCATIONAL, SCIENTIFIC, OR LITERARY PURPOSES AS SHALL AT <br />THE TIME QUALIFY AS AN EXEMPT ORGANIZATION OR ORGANIZATIONS UNDER SECTION <br />501(C)(3) OF THE CODE AS THE BOARD OF DIRECTORS SHALL DETERMINE, OR TO FEDERAL, <br />STATE, OR LOCAL GOVERNMENTS TO BE USED EXCLUSIVELY FOR PUBLIC PURPOSES. ANY <br />SUCH ASSET NOT SO DISPOSED OF SHALL BE DISPOSED OF BY THE SUPERIOR COURT OF THE <br />COUNTY IN WHICH THE PRINCIPAL OFFICE OF THE CORPORATION IS THEN LOCATED, <br />EXCLUSIVELY FOR SUCH PURPOSES OR TO SUCH ORGANIZATIONS, SUCH AS THE COURT <br />SHALL DETERMINE, WHICH ARE ORGANIZED AND OPERATED EXCLUSIVELY FOR SUCH <br />PURPOSES, OR TO SUCH GOVERNMENTS FOR SUCH PURPOSES. <br />Page 2 of 2 <br />Transaction Id TR14021200231 <br />Control Number 201402130282E / DCN 2014021392828 <br />Pagc 4 Of 8 Ccrd FicalclD:9585995 <br />
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