Res 40-84 RESOLUTION NO. 40-84
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DELRAY
BEACH, FLORIDA, DECLARING THE CITY OF DELRAY BEACH'S
DESIRE AND AVAILABILITY OF THE CITY OF DELRAY BEACH TO
ACT AS THE LOCAL AGENCY FOR ISSUANCE OF REVENUE BONDS
PURSUANT TO .THE "FLORIDA INDUSTRIAL DEVELOPMENT
FINANCING ACT", AND ENCOURAGING APPLICATIONS BE MADE
TO THE CITY OF DELRAY BEACH BY PERSONS PROPOSING
QUALIFIED PROJECTS; PROVIDING FOR COPIES OF THIS
RESOLUTION.
WHEREAS, the City Council of the City of Delray Beach, Florida, finds and
declares that the agriculture, tourism, urban development, historic preservation, and
health care industries, among others, are vital to the economy of the City of Delray
Beach, Florida, and the welfare of the residents of the City, and need to be enhanced
to improve the position of the City in competing with other local governments and
states; and,
WHEREAS, the City Council of the City of Delray Beach, Florida, declares
that there is a need to enhance other economic activity in the City of Delray Beach by
attracting light, clean manufacturing, development, business enterprise management,
and other activities conducive to economic promotion in order to provide a stronger and
more balanced economy in the City of Delray Beach, while providing for the health and
safety of the residents of the City; and,
WHEREAS, in order to achieve these goals and purposes, it is necessary and
in the public interest to facilitate the financing of the projects as permitted by the
"Florida Industrial Development Financing Act" (Chapter 159, Part II, Florida Statutes),
through the issuance of revenue bonds; and,
WHEREAS, the purposes to be achieved by such projects and the financing of
them in compliance with the criteria and requirements of Chapter 159, Part II, Florida
Statutes, are the proper public purposes of providing for the health, safety and
welfare of the residents and citizens of the City of Delray Beach, Florida; and,
WHEREAS, the City Council of the City of Delray Beach, Florida, does hereby
wish to declare its desire, willingness, and availability to act as the local agency for
the issuance of such revenue bonds for qualified projects to encourage application for
same, and of its willingness to cooperate to the fullest in implementing such procedures.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF DELRAY BEACH, FLORIDA, AS FOLLOWS:
Section 1. That the City Council of the City of Delray Beach, Florida, does
hereby declare its desire, willingness, and av~lability to act as the local agency for the
issuance of revenue bonds pursuant to the criteria and requirements of the "Florida
Industrial Development Financing Act" (Chapter 159, Part II, Florida Statutes), and
does hereby encourage qualified projects to make application for same.
Section 2. That the City Clerk is hereby authorized and directed to furnish
copies of this Resolution to all appropriate governmental, civic, business and cultural
organizations.
PASSED AND ADOPTED in regular session on this the 8th day of
, 1984. /'
MAYOR.."'
ATTEST: