Section 8-9.5-7-1.1 - Dissolution by ordinance or resolution; obligations of dissolved districts(a) An automated transit district may be dissolved by an ordinance adopted by the legislative body on a date that is at least three (3) years later than the date the ordinance was adopted.(b) An automated transit district may dissolve itself by resolution on a date that is at least two (2) years later than the date of adoption of the resolution creating the district.(c) A dissolution of a district under this section requires the city to assume the obligations incurred by the district.As added by P.L. 343-1989 (ss), SEC.5.