229.477 Dissolution of a district. Subject to providing for the payment of its bonds, including interest on the bonds, and the performance of its other contractual obligations, a district may be dissolved by the joint action of the district's board of directors and sponsoring municipality. If the district is dissolved, the property of the district that does not include sports and entertainment arena facilities shall be transferred to its sponsoring municipality. Subject to the terms of any lease under s. 229.461 (3), the property of the district that does include sports and entertainment arena facilities shall be transferred to the local units of government that compose the district's jurisdiction in such proportions as the secretary of administration determines fairly and reasonably represent the contributions of each local unit of government to the development, construction, operation, maintenance, or improvement of the property that contains sports and entertainment arena facilities. If the district was created by more than one sponsoring municipality, the municipalities shall agree on the apportioning of the district's property before the district may be dissolved.
History: 1993 a. 263; 2015 a. 60.
Structure Wisconsin Statutes & Annotations
Wisconsin Statutes & Annotations
Chapter 229 - Public institutions.
229.11 - First class city museums.
229.12 - Board of trustees, composition.
229.13 - Board of trustees; annual meeting and general functions.
229.14 - Director and employees; curators.
229.15 - Museum funds; expenditures.
229.16 - Donations and miscellaneous receipts.
229.17 - Site, buildings and equipment.
229.18 - Accountability; reports.
229.19 - Applicability of sections 229.11 to 229.18.
229.21 - First class city auditoriums and music halls.
229.23 - Property and finance.
229.40 - Legislative declaration.
229.42 - Creation and organization.
229.435 - Certification of board members.
229.44 - Powers of a district.
229.45 - Powers granted to sponsoring municipality.
229.46 - Certain contracting requirements.
229.461 - Development agreement, non-relocation agreement, lease.
229.477 - Dissolution of a district.
229.50 - Special debt service reserve funds.
229.52 - Bonds not public debt.
229.54 - Responsibility to sports and entertainment arena facilities.
229.56 - Funding and refunding bonds.
229.57 - Budgets; rates and charges; audit.
229.64 - Legislative declaration.
229.66 - Creation and organization.
229.68 - Powers of a district.
229.685 - Special fund tax revenues.
229.69 - Powers granted to a city or a county in a district.
229.70 - Minority contracting goals; disabled veteran-owned business contracting goals.
229.71 - Dissolution of a district.
229.72 - Issuance and negotiability of bonds.
229.74 - Special debt service reserve funds.
229.75 - Bonds not public debt.
229.79 - Budgets; rates and charges; audit.
229.81 - Assistance by state agencies.
229.820 - Legislative declaration.
229.822 - Creation and organization.
229.824 - Powers of a district.
229.8245 - Limitations on district.
229.825 - Special fund tax revenues.
229.8257 - Football stadium facility maintenance and operating cost fund.
229.826 - Powers granted to a municipality or county.
229.8273 - Minority, disabled veteran, and women contracting.
229.828 - Dissolution of a district.
229.829 - Issuance and negotiability of bonds.
229.830 - Special debt service reserve funds for moral obligation pledge.
229.831 - Bonds not public debt.
229.834 - Budgets; rates and charges; audit.
229.840 - Legislative declaration.
229.842 - Creation and organization.
229.844 - Powers of a district.
229.845 - Minority contracting goals; disabled veteran-owned business contracting goals.
229.846 - Powers granted to a sponsoring city.
229.847 - Dissolution of a district.
229.848 - Transfers; transfer agreements.
229.849 - District bonds and debt not public debt.
229.850 - Special fund for payment of principal and interest costs on certain bonds.