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HomeMy WebLinkAboutResolutions 9860 N.C.S. 08/08/1983. ~ - IDB RESO ,~~~~ ~ ~~ __ ~~ R~e~olUt1C)~ ~®. 9.860 ~. C. ~. of the City of Petalurrla, Californ°a DECLARIN':G T'HE CITY C'OUN'CIL OF THE CITY OF PETALUMA TO BE THE BOARD OF DIRECT.ORS~ OF THE "INDUSTRIAL DEVELOPMENT AUTHORITY OF' THE CITY OF PETALUMA" WHEREAS, this Council has adopted Ordinance No. 1553 NCS declaring that there is a need for the Industrial Development Authority of the City of Petaluma (;the 'Authority') •created by the California Industrial Development Financing Act, California Government Code Sections 91500, et sue. (the, 'Act'), and declaring that the Authority shall function in the City of Petaluma; and, WHEREAS, this Council is authorized by Section 91523 of the Government Code to • declare itself to be the. Board of Directors of the Authority; and, WHEREAS, this Council finds that the public interest will. be served and the public health, safety and welfare will be promoted in an effective manner if this Council declares itself to be the Board of Directors of the Authority: NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Petaluma as follows: Pursuant to the provisions of Section 91523 of the Govern- - ment Code, the Council of the City of Petaluma hereby declares itself to be the Board of Directors of the Industrial Development Authority of the City of ,Petaluma, and all the rights, powers, privileges, duties, liabilities, disabilities, and immunities vested in the Board of Directors of the Authority by the Act shall be vested in this Council 'as such Board of Directors . Under the .power and authoa°ity conferred upon this Council by-the; Charter of said- City. I iereby certify the foregoing Resolution was in£roducel :and; adopted by the 'Approved as to fore Council of the City of`~Petalunia at~.a_(Regvlar) ('Adjourned).-(~`.) meetii.;- - on the ---- -g t-h------ day' of :----- . AU gL1S:.t..... _ - 19.8:3:,. by tlSe • . - following vote: City Attorney. AYES< Perry Battaglia;, Bond, Balshaw, Vice Mayor Harbe~rson, .Mayor Mat,tei NOES: None AssE1vT: Ca` h ATTEST: -•----•----.: .:_ -:. • ... ..:...... . -..-.....-..:...........-........--- - _ __,- City Clerli Mayor Council File---°---' .........:.........° Forllt CA 2 7/31 Res. No......gBja.Q...........