Chapter 2.28 — INDUSTRIAL DEVELOPMENT

2.28.010 - Findings.¶

In accordance with the California Industrial Development Financing Act (Title 10, commencing with Section 91500 of the California Government Code) (the "Act"), this city council finds and declares that there is a need for an industrial development authority to function in the city.

(Prior code § 2-99)

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2.28.020 - Established.¶

The council further declares that an industrial development authority shall function in the city in accomplishment of the purposes provided in the Act, and to carry out and complete projects and perform and exercise derivative obligations and powers as set forth in the Act.

(Prior code § 2-100)

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2.28.030 - Board of directors.¶

The 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 this city council as such board.

(Prior code § 2-101)

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2.28.040 - Authority.¶

The authority established in the city by the Act and authorized to transact business and exercise its powers thereunder by this chapter and shall be known as the "Industrial Development Authority of the City of Lodi, California."

(Prior code § 2-102)

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