HomeMy WebLinkAbout94-09 CC OrdinanceORDINANCE NO. 94-09
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY
OF TEMECULA, CALIFORNIA, DECLARING THE NEED
FOR AN INDUSTRIAL DEVELOPMENT AUTHORITY, AND
DECLARING THAT SUCH AUTHORITY SHALL FUNCTION
WITHIN THE CITY
The City Council of the City of Temecula, California (the "City"), does ordain as follows:
Section 1. Findings.
1.1 There exists within the City of Temecula economically distressed areas
which may be benefited by efforts to prevent the loss of existing jobs and to create new jobs.
1.2 The health, welfare and safety of the people of the City make it necessary
to provide an alternative method of financing certain facilities in order to prevent the loss of
existing jobs within the City, and increase employment opportunities, and otherwise contribute
to the economic development of the City.
1.3 The California Industrial Development Financing Act, California
Government Code Sections 91500 and following ("the Act"), has created within the City a public,
corporate instrumentality of the State of California, known as the Industrial Development
Authority of the City of Temecula ("the Authority"), to exercise such powers and accomplish such
purposes as may be granted an set forth in the Act.
1.4 Section 91520 of the Act provides that the Authority shall not transact any
business or exercise any powers under the Act unless, by Ordinance, the City Council declares
that there is a need for the Authority and that the Authority shall function.
Section 2. Declaration of Need for A. thority.
2.1 The City Council hereby finds and declares, within the meaning of Section
91520 of the Act, that there is within the City a need for an industrial development authority.
2.2 The City Council hereby further finds and declares that the Authority shall
function within the City.
2.3 The Authority is hereby empowered to transact business and to exercise all
powers as permitted by law.
Ords 94-09 1
Section 3. Referendmn.
3.1 Pursuant to Subdivision (b) of Section 91520 of the Act, this Ordinance is
subject to the provisions for referendum set forth in Article 2, commencing with Section 4050,
of Chapter 3 of Division 5 of the California Election Code.
Section 4. Notice of Adoption.
4.1 Within fifteen (15) days after the adoption of this Ordinance, the City Clerk
shall certify to such adoption and cause copies hereof, so certified, to be posted in at least three
public places within the City.
4.2 Promptly after the adoption of this Ordinance, the City Clerk shall certify
to such adoption and cause a copy hereof, so certified, to be sent to the California Industrial
Development Financing Advisory Commission, together with a list of the members of the Board
of Directors, the Officers, the executive employees of the Authority, and the name, address and
phone number of the Executive Director of the Authority as being the person to be contacted
concerning business of the Authority.
Section 5. Effective Date.
5.1 This Ordinance shall be in full force and effect 30 days after its passage.
The City Clerk shall certify to the adoption of this Ordinance. The City Clerk shall publish a
summary of this Ordinance and a certified copy of the full text of this Ordinance shall be posted
in the office of the City Clerk at least five days prior to the adoption of this Ordinanace. Within
15 days from adoption of this Ordinance, the City Clerk shall publish a summary of this
Ordinance, together with the names of the Councilmembers voting for and against the Ordinance,
and post the same in the office of the City Clerk.
PASSED, APPROVED AND ADOPTED by the City Council and signed by the Mayor
and attested by the City Clerk this 22nd day of March, 1994.
Ron Roberts, Mayor
ATTEST:
~~. ~eek, City Clerk
[SEAL]
Orda 9409 2
STATE OF CALIFORNIA)
COUNTY OF RIVERSIDE) SS
CITY OF TEMECULA )
I, June Greek, City Clerk of the City of Temecula, California, do hereby certify that
Ordinance No. 94-09 had its first reading on March 8, 1994, and had its second reading on March
22, 1994, and was duly and regularly adopted by the City Council of the City of Temecula, at a
regular meeting of said Council, thereof held on the 22nd day of March, 1994, by the following
roll call vote:
AYES: 5 COUNCILMEMBERS: Birdsall, Mufioz, Parks, Stone,
Roberts
NOES:
0 COUNCILMEMBERS:
ABSENT: 0 COUNCILMEMBERS:
S. Greek, City Clerk
Ord~ 94-09 3