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Resolution No. 281874 RESOLUTION NO. 2818 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS DECLARING ITSELF TO BE THE BOARD OF DIRECTORS OF THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF CYPRESS. WHEREAS, the City Council of the City of Cypress ("City") has adopted Ordinance No. 730 on June 11, 1984, declaring that an industrial development authority is needed and shall function in the City pursuant to the California Industrial Development Financing Act, California Government Code Sections 91500 et. seq. ("Act"); and WHEREAS, Section 91523 of the Act provides that the governing body of the City may declare itself to be the Board of Directors of the Industrial Development Authority. NOW, THEREFORE, the City Council of the City of Cypress DOES HEREBY RESOLVE as follows: SECTION 1. Pursuant to Section 91523 of the Act, the City Council hereby declares itself to be the Board of Directors of the Industrial Development Authority of the City of Cypress. PASSED AND ADOPTED by the City Council of the City of Cypress at a regular meeting held on the 23rd day of July 1984./f67-^/ MAYOR OF THE CITY OF CYPRESS ATTEST: �hs�'��j CITY ERK OF T E12TY F CYPRESS STATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS 1, DARRELL ESSEX, City Clerk of the City of Cypress, DO HEREBY CERTIFY that the foregoing Resolution was duly adopted at a regular meeting of the said City Council held on the 23rd day of July 1984; by the following roll call vote: AYES: 5 COUNCIL MEMBERS: Coronado, Kanel, Laceyo, Mullen, and Partin NOES: 0 COUNCIL MEMBERS: None ABSENT: 0 COUNCIL MEMBERS: None CITY CLERK OF CITY OF CYPRESS