Glenn County Municipal Code § 2.65 Industrial Development Authority

In accordance with the California Industrial Development Financing Act (Government Code § 91500 et seq.), the board of supervisors finds and declares that there is a need for an industrial development authority to function in the unincorporated areas of the county. (Ord. 786 § 1 (part), 1982.)

The board of supervisors further declares that an industrial development authority shall function in the unincorporated areas of the county and is established, in accomplishment of the purposes of the Act, and to carry out and complete projects and perform and exercise derivative obligations and powers as set forth in the Act. (Ord. 786 § 1 (part), 1982.)

The board of supervisors further declares itself to be board of directors of such industrial development authority, and all the rights, powers, privileges, duties, liabilities, disabilities and immunities vested in such a board under the Act shall be vested in this board of supervisors as such board. (Ord. 786 § 1 (part), 1982.)

The authority established in the county by the Act and authorized to transact business and exercise its powers thereunder by this chapter shall be known as "the Glenn County industrial development authority." (Ord. 786 § 1 (part), 1982.)