§ 30-2.004. California Industrial Development Financing Act.

Latest version.

The California Industrial Development Financing Act, California Government Code Sections 91500, et seq. (the "Act"), has created in the county a public, corporate instrumentality of the state of California known as the industrial development authority of the county of Contra Costa, for the purpose of exercising powers granted by the Act. Section 91520 provides that said authority shall not transact any business or exercise any powers under the Act unless, by ordinance, this board of supervisors declares that there is a need for such authority and that the authority shall function.

(Ord. 81-78 § 1)

                    
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