Earlier editions: 2026-09
Title 2 — Administration and Personnel
Lake Elsinore Municipal Code Ch. 2.34 Industrial Development Authority
Lake Elsinore Municipal Code · 2026-10 edition · updated 2026-10-04 · Lake Elsinore
Cite as: Lake Elsinore Municipal Code Chapter 2.34 · Text as of 2026-10-04
§ 2.34.010. Need declared.¶
It is found and declared that there is a need for the Industrial Development Authority of the City created by Section 91520 of the Act, and that such authority shall function in the City, and said authority is authorized to transact business and to exercise all powers permitted by law.
(Ord. 665 § 1, 1982)
§ 2.34.020. Board of Directors designated.¶
The City Council further declares itself to be the 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 the City Council as such board.
(Ord. 665 § 2, 1982)
§ 2.34.030. Ordinance subject to referendum provisions.¶
Pursuant to Section 91520(b) of the Act, the ordinance codified in this chapter is subject to the provisions for referendum set forth in Sections 4051 through 4059 of the California Elections Code.
(Ord. 665 § 3, 1982)
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