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HomeMy WebLinkAboutMC-468U 1,010-65/0859S/jm 07/26/85 ORDINANCE NO. ~1C-468 (URGENCY) AN URGENCY ORDINANCE OF THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO, CALIFORNIA, ESTABLISHING THE CITY OF SAN BERNARDINO INDUSTRIAL DEVELOPMENT AUTHORITY WHEREAS, the California Industrial Development Financing Act, Government Code Section 91500, et seq. (the "Act"), provides for the creation of industrial development authorities; and WHEREAS, the Act provides the exclusive authority for public agencies within the State of California for the undertaking, carrying out and completion of qualifying industrial projects as more fully described in Government Code Section 91503; and WHEREAS, there is a high level of unemployment among the citizens of the City of San Bernardino, California (the "City"), and the means of financing industrial development projects as set forth in Government Code Section 91500, et seq., including, but not limi ted to, the establishment of an industrial development authority, will assist in reducing unemployment in the City; and WHEREAS, it is the desire of the Mayor and Common Council of the City (the "Council") to establish an industrial development authority, pursuant to Government Code Section 91520, by declaring that there is a need for an industrial development authority to function within the City; and - 1 - KC-468 WHEREAS, for the foregoing reasons, the establishment of an industrial development authority in the City 1S necessary for the immediate preservation of the public peace, health and safety; and WHEREAS, said industrial development authority will serve a public purpose by providing for certain financings pursuant to the Act in order to encourage industrial development within certain areas of the City. NOW, THEREFORE, THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO, CALIFORNIA, ORDAIN AS FOLLOWS: Section 1. The Council hereby finds and declares that there 1S a need for an industrial development authority to be created and to function within the City pursuant to the Act. Section 2. The Council hereby establishes the City of San Bernardino Industrial Development Authority (the "Authority"), a public, corporate instrumentality of the State of California, which shall be authorized to transact business and exercise its powers as provided in the Act. Sect ion 3. The Counci I hereby appoints the members of the Community Development Commission of the City of San Bernardino (the "Commission") to serve as members of the Board of Directors of the Authority. - 2 - MC-468 Section 4. The Staff of the Redevelopment Agency of the Ci ty of San Bernardino (the "Agency") sha 11 serve and function as the Staff of the Authority. Section 5. The Council hereby authorizes and directs the Authority to approve by resolution any and all other actions and matters necessary for the Authority to transact business and exercise its powers. Section 6. The City Clerk is hereby authorized and directed to cause a copy of this Ordinance to be transmitted to the Authority for appropriate action by the Authority. Section 7. This Ordinance shall take effect upon adoption as an Urgency Ordinance. The facts constituting the urgency for the adoption of this Ordinance are that there is a high level of unemployment in the City, that the establishment of the Authority is necessary to provide a means for making available financing assistance for industrial development in order to alleviate said unemployment, and that there are applications pending for financing assistance pursuant to Government Code Section 91500, et ~., which require the immediate establishment of the Authority. - 3 - MC-468 I HEREBY CERTIFY that the foregoing ordinance was duly adopted by the Mayor and Common Council of the City of San Bernardino at an adjourned regular meeting thereof, held on the 29th day of July 19 8 5 , by the following vote, to wit: AYES: Council Members Estrada, Reilly, Hernandez, Quiel, Frazier, Strickler NAYS: None ABSENT: Council Member ~arks .-#.i?fl1lt?/~ Cay Clerk day of The foregoing July Ordinance is hereby approved this 30th , 1985. i~_~')1~ Mayor f the City of San Bernardino Approved as to form: ~#fJ~ City Attorney - 4 -