Idaho State Statutes - Idaho Attorney Directory

The authority shall terminate
at such time as the council of the city, by proper resolution, shall declare
that there is no longer a need for a housing authority to function within such
city. The determination that there is no longer a need for such authority to
function (a) may be made by the governing body on its own motion or (b) may be
made by the governing body upon motion of the duly appointed and acting
commissioners of the authority that they no longer have any need to function
within said city.
The council of such city shall, however, before adopting a resolution
terminating such authority, determine, by audit if necessary, the financial
condition of said authority, and if there is any outstanding liability due and
owing by said authority, the city shall provide the necessary funds for
satisfaction thereof; if, however, funds are found, over and above such
liabilities the city shall provide for the satisfaction of said liabilities
and the balance of the funds shall be accepted by the city and the authority
shall be released from their responsibility therefor.
Any funds so received by such city, as a result of the termination of the
authority, shall be dedicated to the extension, maintenance and promotion of
the public parks system of said city for the benefit and welfare of the city.

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