CHAPTER 2. ADMINISTRATION.
Article IX. Industrial Development Authority.
Sec. 2-9-1. Authority.
It is hereby found and declared, pursuant to Section 91520 of the
California Industrial Development Financing Act, that there is a need for the
industrial development authority of the city created by said Section 91520 and
that such authority shall function in that city, and said authority is hereby
authorized to transact business and to exercise all powers permitted by law.
(Ord. No. 1013, § 1.)