Earlier editions: 2026-09
Title 2 — ADMINISTRATION AND PERSONNEL
San Clemente Municipal Code Ch. 2.44 Industrial Development Authority
San Clemente Municipal Code · 2026-10 edition · updated 2026-10-04 · San Clemente
Cite as: San Clemente Municipal Code Chapter 2.44 · Text as of 2026-10-04
2.44.010 - Established.¶
A. .....In accordance with the California Industrial Development Financing Act (Government Code Section 91500 et seq.) (the "Act"), the City Council finds and declares that there is a need for an industrial development authority to function in the City.
B. .....The City 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.
C. .....Pursuant to Government Code Section 91523, the City Council further declares itself to be the Board of Directors of the 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 the board.
D. .....The authority established in the City by the Act and authorized to transact business and exercise its powers thereunder by this section will be known as the "Industrial Development Authority of the City of San Clemente."
(Ord. 1161 §§ 1—4, 1995)
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