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HomeMy WebLinkAboutORD 038 1985 0304ORDINANCE NO. 38 AN ORDINANCE OF THE CITY OF MOORPARK, CALIFORNIA, DECLARING THE NEED FOR AN INDUSTRIAL DEVELOPMENT AUTHORITY TO FUNCTION IN SAID CITY, AND DECLARING THE CITY COUNCIL OF SAID CITY TO BE SAID AUTHORITY THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA DOES ORDAIN AS FOLLOWS: SECTION 1. This City Council hereby finds and declares that there is a need for an industrial development authority to function in the City of Moorpark. SECTION 2. This City Council hereby further declares itself to be the Board of Directors of such industrial develop- ment authority, and all the rights, powers, privileges, duties, liabilities, disabilities and immunities vested in such a board shall be vested in this City Council as such Board. SECTION 3. These declarations are made in accordance with the California Industrial Development Financing Act (Title 10, commencing with Section 91500, of the Government Code). SECTION 4. The authority established in the City of Moorpark by said Act and authorized to transact business and exercise its powers thereunder by this ordinance shall be known as the "Industrial Development Authority of the City of Moorpark ". SECTION 5. The City Clerk shall, within 15 days after the passage of this ordinance, cause it to be posted in at least the three public places designated by resolution of the City Council; shall certify to the adoption and posting of this ordinance; and shall cause this ordinance and its certification, together with proof of posting, to be entered in the book of ordinances of this City. SECTION 6. This ordinance shall become effective thirty (30) days after its passage and adoption. PASSED, APPROVED AND ADOPTED this 4th day of March , 1985. 2 M yor of the City of Moorpark, California ATTEST: City Clerk (SEAL) STATE OF CALIFORNIA ) COUNTY OF VENTURA ) ss. CITY OF MOORPARK ) I, DORIS D. BANKUS , City Clerk of the City of Moorpark, Calfiornia, do hereby certify that the foregoing Ordinance No. 38 was adopted by the City Council of the City of Moorpark, at a regular meeting thereof, held on the 4th day of March , 1985, and that the same was adopted by the following vote, to wit: AYES: Councilmembers Yancy- Sutton, Woolard, Weak, Ferguson and Mayor Prieto; NOES: None; ABSENT: None. WITNESS my hand and the official seal of said City this 4th day of March IF 1985: ITY CLERK