The industrial development authority of the City, which is established by the California Industrial Development Financing Act, is hereby declared organized and shall function under the name “Atascadero Industrial Development Authority.”
(Ord. 686, 5/27/2025)
The Atascadero Industrial Development Authority shall be authorized to transact business and exercise all of the powers and other authority conferred upon industrial development authorities by the California Industrial Development Financing Act.
(Ord. 686, 5/27/2025)
The jurisdiction of the Atascadero Industrial Development Authority to undertake projects shall be coincident as to territory with the City limits of the City as established as of the date of this chapter and as modified from time to time in accordance with applicable law.
(Ord. 686, 5/27/2025)
The officers of the Atascadero Industrial Development Authority shall consist of the Chair, Vice Chair, Executive Director, Treasurer, and Secretary of the Board of Directors which positions shall be held by the Mayor, Mayor Pro Tempore, City Manager, Administrative Services Director, and City Clerk of the City, respectively.
(Ord. 686, 5/27/2025)