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HomeMy WebLinkAboutResolution No. 7201J RESOLUTION NO. 7201 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AZUSA DECLARING THAT THE CITY COUNCIL OF THE CITY OF AZUSA SHALL BE THE BOARD OF DIRECTORS OF THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF AZUSA THE CITY COUNCIL OF THE CITY OF AZUSA DOES RESOLVE AS.FOLLOWS: SECTION 1. Pursuant to Ordinance 2154 An Ordinance Declaring Need for the Industrial Development Authority of the City of Azusa, and that such Authority shall Function, adopted by this Council on November 15, 1982, and the California Industrial Development Financing Act, Title 10 (commencing with Section 91500), Government Code (the "Act"), the Industrial Development Authority of the City of Azusa (the "Authority") has been declared organized and functioning and authorized to transact business and exercise all of the powers and other authority conferred upon -industrial development authorities by such Act. SECTION 2. This Council is hereby declared to be, ex -officio, the board of directors of the Authority. SECTION 3. No Resolution of this Council otherwise providing for directros has been previously adopted. SECTION.4. This Resolution shall be effective on the same date as the Ordinance No. 2150, establishing the Authority. SECTION 5. The City Clerk shall certify the adoption of this resolution. 1982. PASSED, APPROVED AND ADOPTED this 15 day of November, I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the City Council of the City of Azusa, at a regular meeting thereof, held on the _IL day of November , 1982, by the following vote of the Council: AYES: COUNCIL MEMBERS: NOES: COUNCIL MEMBERS: DECKER, HART, LATTA, MOSES NONE ABSENT: COUNCIL MEMBERS: NONE 1 CITY CLERK