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HomeMy WebLinkAbout363ORDINANCE No. 363 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF IRWINDALE, CALIFORNIA, DECLARING A NEED FOR AN INDUSTRIAL DEVELOPMENT AUTHORITY AND DECLARING THAT SUCH AUTHORITY SHALL FUNCTION WHEREAS, the California Industrial Development Financing Act, California Government Code Sections 91500 et seq. (the "Act"), has created in the City of Irwindale a public, corporate instrumentality of the State of California known as the Industrial Development Authority of the City of Irwindale, for the purpose of exercising powers granted by the Act; and r*+^ WHEREAS, Section 91520 of the Act provides that said authority shall not transact any business or exercise any powers under the Act unless, by ordinance, this Council declares that there is a need for such authority and that the authority shall function; THE CITY COUNCIL OF THE CITY OF IRWINDALE DOES ORDAIN AS FOLLOWS: Section 1. It is hereby found and declared that there is a need for the Industrial Development Authority of the City of Irwindale created by Section 91520 of the Act and that such Authority shall function in the City of Irwindale, and said Authority is hereby authorized to transact business and to exercise all powers permitted by law. Section 2. Pursuant to Section 91520(b) of the Act, this Ordinance is subject to the provisions for referendum set forth in Sections 4051 through 4058 of the California Elections Code, Section 3, The City Clerk is hereby directed to publish and post this Ordinance as required by law. Section 4. This Ordinance shall take effect thirty (30) days after its passage as provided by law. APPROVED and ADOPTED this 30th day of November, 1982. Pat S. iranda Mayor ATTEST: --.X /I 4 7 - Z0,� - Marga t S. Barbosa, City Clerk STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) ri CITY OF IRWINDALE ) I, Margaret S. Barbosa, City Clerk of the City of Irwindale, do hereby certify that the foregoing Ordinance No. 363 was adopted by the City Council of the City of Irwindale at regular meeting held on November 30, 1982, by the following vote of the Council. AYES: COUNCILMEN: Breceda, Castellanos, Michael Mirnada, Arthur Tapia and Mayor Pat S. Miranda NOES: COUNCILMEN: None nt, ABSENT: COUNCILMEN: None Marga t S. Barbosa, City Clerk 161