Section 11-99-7Termination of tax increment districts.
The existence of a tax increment district shall terminate when:
(1) Positive tax increments are no longer allocable to a district under Section 11-99-6(a) hereof; or
(2) The local governing body, by resolution, dissolves the district.
(Acts 1987, No. 87-824, p. 1660, §7.)