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1 <br /> 3 <br /> <br /> 6 <br /> 7 <br /> 8 <br /> <br /> 10 <br /> il <br /> i2 <br /> <br /> 14 <br /> 15 <br /> 16 <br /> 17 <br /> <br /> 20 <br /> 21 <br /> 92 <br /> <br /> 95 <br /> <br /> 96 <br /> <br /> 2,')8 <br /> 99 <br /> :3O <br /> 81 <br /> <br />CITY <br /> <br /> C/%LI FOI:INI/~ <br /> <br />ORDINANCE NO. 4870 <br /> <br />AuTHORiTY TO FONCTiON iB'dAib diTH, AND ~EOLA~iN8 <br />THE CITY CouNciL OF SAID CITY TO BE SAiD AUTHORITY, <br /> <br /> The diky Council of the City Of ~lve~Side DOES 0RbAiN <br /> <br />as fOilows: <br /> <br /> -Section ~: This City CounCil hereby flh~s and ~eeiares <br />that there is a need for an industrial dev~iopmeht authorit~ <br />to function in the city of Riverside. <br /> <br /> Section 2~ This City council hereby further deviates <br />itself to be the board of directors of such industrial development <br />authority, and all the rights, poWers,prlvlleges,' ~" ~'' ' duties, <br />liabilities, disabilities and immunities vested in such board <br />shall be vested in this City Council as such board. <br /> <br /> Section 3: These declaratiohs are made in accordance <br /> <br />with the California IndUstrial Development FinanCing ACt (Title 10, <br />commencing with section 91500, of the Government Code). <br /> <br /> Section 4~ The authority established in the city of <br />Riverside 'by said Act and authorized to transact business and <br />exercise its powers thereunder by this ordinance shall be known <br />as the "industrial Development Authority of the City of Riverside". <br /> <br /> Section 5: The City Clerk shall certify to the passage <br /> <br />of this ordinance, and shall cause this ordinance ko be published <br />once, Within 15 days after its passage, in thePress-Enterpr~se~, <br />a newspaper of general circulation Published and circulated in <br />the City of Riverside. <br /> <br /> SeCtion 6: This ordinance shall become effective 30 days <br />after its final passage. <br /> <br /> ADOPTED by the city Council and signed by the Mayor and <br />attested by the City Clerk this 20th day of January~ 1981. <br /> <br />Attest ~ <br /> Ma~g~ of~ fh~~lde <br />City Clerk of tile city Of RiVerside <br /> <br /> <br />