RES-IDA-001 Adopting bylaws and Appointing OfficersRESOLUTION NO. IDA-
001 A RESOLUTION OF THE
INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY
OF ORANGE, CALIFORNIA ADOPTING BYLAWS
AND APPOINTING
OFFICERS WHEREAS, the City of Orange, California (the "City"), pursuant to
Ordinance No. 4-97, introduced by the City Council of the City of Orange on the 28th
day of January, 1997, found that the Industrial Development Authority of the City
of Orange the "Authority") was needed and further declared the Authority to be
functioning and organized in accordance with and for the purposes set forth in the
California Industrial Development Act, being Title 10, commencing with Section 91500 of
the Government Code of the State of California (the "
Act"); and WHEREAS, a proposed form of Authority bylaws has been presented
at this meeting for adoption and it is necessary to appoint officers of the Authority
to formally establish
the Authority;NOW, THEREFORE, BE IT RESOLVED by the Board of Directors
of the Industrial Development Authority ofthe City of Orange
as follows:Section 1. The Authority bylaws presented at this meeting
and incorporated herein by reference, marked Exhibit "A", are hereby adopted
and confirmed.Section 2. The initial officers of the Authority appointed on this date
are
as
follows:Treasurer:Mayor of the City
of Orange Mayor Pro Tern of the City
of Orange City Clerk of the City
of Orange City Treasurer of the City
of Orange City Manager of the City
of
Orange Chairperson:
Vice
Chairperson:Secretary:
Executive Director:ADOPTED this 11 th day of
ATTEST:
14~4h r &A/-dt
Secretary
I hereby certify that the foregoing Resolution was duly and regularly adopted by
Industrial Development Authority of the City of Orange at a regular meeting thereof held
on the 11 th day of February , 1997, by the following vote:
AYES: MURPHY, SLATER, COONTZ, SPURGEON, ALVAREZ
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
et4AM4~J~~Secretary
Resolution No. IDA-