[HISTORY: Adopted by the City Council of the City of Haverhill as indicated in article histories. Amendments noted where applicable.]
Article I Industrial Development Financing Authority
Article II Redevelopment Authority
[Adopted 2-13-1968 by Doc. 38 (Ch. 44 of the 1980 Code)]
Editor's Note: See also § 11-87 of the Code, added 12-29-1981 by Doc. 233, which states that "A quarterly progress report of the Industrial, Commercial and Economic Development Corporation (ICEDC) and of the Industrial Development Financing Authority (IDFA) shall be filed with the City Council on the first Tuesday of each January, April, July and October."
The governing body declares that an Industrial Development Financing Authority is needed in the City of Haverhill and that unemployment or the threat thereof exists in the City of Haverhill, or security against future unemployment and lack of business opportunity is required in the City, and that unemployment or the threat thereof can be alleviated or the security against future unemployment and lack of business opportunity can be provided by attracting new industry to the City or substantially expanding industry existing in the City through an industrial development project or projects financed under Chapter 772 of the Acts of 1967. The Council determines that there is need for such an Authority, and in making this determination, the Council has taken into consideration the City's ability to adjust to any expected increase in the demand for municipal facilities and services as a result of the expected increase in employment and business activity from such industrial development.
The Clerk is hereby directed to file a certified copy of the within article, together with the names of the duly appointed and qualified original directors with the State Industrial Finance Board, the Department of Commerce and Development and the Secretary of State of the Commonwealth of Massachusetts.
Editor's Note: Now referred to as the "Department of Economic Development."
The City of Haverhill respectfully requests a certificate of organization, which certificate shall be conclusive evidence of the lawful establishment of the Industrial Development Financing Authority of the City of Haverhill and the Directors thereof.
[Adopted 3-22-1977 by Doc. 55 (Ch. 72 of the 1980 Code)]
Pursuant to Chapter 121B of the Massachusetts General Laws, City Council has found certain areas outside present urban renewal areas to be subjected to substandard, decadent and/or blighting conditions which require the attention of a redevelopment authority to engage in urban renewal projects or other work under said chapter, and it is in the public interest that such an authority be organized. Therefore, a redevelopment authority to be known as the "Haverhill Redevelopment Authority" is herein created to act on behalf of the City of Haverhill as provided under said General Laws.
Members of the Haverhill Redevelopment Authority shall be appointed and confirmed, shall organize and shall exercise the powers of an urban renewal agency as specified in the General Laws; provided, however, that said powers shall not apply or be exercised within urban renewal areas heretofore established, namely, the Pentucket and Merrimack Urban Renewal Areas, but shall apply and be exercised within other areas of the City.