1. The board of directors of the public corporation has requested the same by resolution;

2. The public corporation has discontinued its projects and activities for which chartered or remained inactive for a period of six months in succession;

3. A judgment of a court of competent jurisdiction shall have become final, which judgment annuls the existence of the public corporation, or prohibits it from conducting all or the major portion of the activities for which chartered or permits recourse by creditors of the public corporation or other persons to the assets, property or credit of the city on account of any debts, obligations or liabilities of the public corporation;

4. Any one or more of the circumstances for imposition of a trusteeship stated in Sections 2.104.450A3 inclusive, together with an affirmative finding by the city council that a trusteeship would not be feasible under the circumstances or could not attain its objective; and that termination is warranted;

5. Repeal of enabling legislation authorizing public corporations, or amendment thereof or supplementary legislation thereto which singularly or cumulatively restricts all or the major portion of the activities for which the public corporation was chartered, or permits recourse by creditors of the public corporation or other persons to the assets, property or credit of the city on account of any debts, obligations or liabilities of such public corporation; or

6. Continuous trusteeship of the public corporation for one year, or the imposition of a trusteeship for whatever cause(s) three times in any one-year period.