[HISTORY: Adopted by the Board of Supervisors of the Township
of Lower Salford as indicated in article histories. Amendments noted
where applicable.]
[Adopted 4-2-2014 by Ord. No. 2014-4[1]]
[1]
Editor's Note: This ordinance was originally adopted
as Ch. 47 but was renumbered to maintain the alphabetical organization
of the Code.
It is the desire of the Board of Supervisors of Lower Salford
Township, Montgomery County, Commonwealth of Pennsylvania, to organize
an Industrial Development Authority in the Township, under the Economic
Development Financing Law.[1]
[1]
Editor's Note: See 73 P.S. § 371 et seq.
In pursuit of said desire and intention, and in conformity with
the terms and provisions of the Economic Development Financing Law,
Articles of Incorporation shall be submitted to the Commonwealth of
Pennsylvania on a date certain not sooner than three days following
publication of the notice as required by 73 P.S. § 374.
The Articles of Incorporation of the Authority shall be executed by
and on behalf of the Board of Supervisors of Lower Salford Township
by the Chairman of the Board. The seal of Lower Salford Township shall
be affixed thereto and attested to by the Secretary of the Board.
