[Adopted 1-21-1986 as Ch. 1, Part 1C, of the 1986 Code]
It is the desire of the said Supervisors of
said Upper Southampton Township, Bucks County, Pennsylvania, to organize
Delaware Valley Industrial Development Authority in Upper Southampton
Township, Bucks County, Pennsylvania, under the Industrial and Commercial
Development Authority Law.[1]
[1]
Editor's Note: See now 73 P.S. § 371
et seq.
In pursuance of said desire and intention and
in conformity with the terms and provisions of said Industrial and
Commercial Development Authority Law, the proposed Articles of Incorporation
of the Delaware Valley Industrial Development Authority are hereby
set forth in full in Exhibit "A" attached hereto and made a part hereof.
EXHIBIT "A"
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Articles of Incorporation of Delaware Valley
Industrial Development Authority
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To the Secretary of the Commonwealth of Pennsylvania
in Harrisburg, Pennsylvania:
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In compliance with the requirements of the Industrial
and Commercial Development Authority Law of August 23, 1967, as amended
and pursuant to a resolution adopted by the Board of Supervisors of
the Township of Upper Southampton, Bucks County, Pennsylvania, that
an industrial development authority be established under the provisions
of the aforementioned law, the Supervisors of the Township of Upper
Southampton, Bucks County, Pennsylvania, desiring that an industrial
development authority be established and that a Certificate of Incorporation
be issued to said Authority does hereby certify:
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1.
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The name of the Authority shall be Delaware
Valley Industrial Development Authority.
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2.
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The Authority is formed under the Industrial
and Commercial Development Authority Law of August 23, 1967, P.L.
251, as amended.
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3.
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The name of the incorporating municipality is
the Township of Upper Southampton, Bucks County, Pennsylvania.
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The names and addresses of the Board of Supervisors
of the Township of Upper Southampton, Bucks County, Pennsylvania are
as follows: (Here followed the names and addresses of the Board of
Supervisors.)
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4.
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The names and addresses and terms of office
of the first members of the Board of said Authority are as follows:
(Here followed the names, addresses and terms of office of the first
Authority Board Members.)
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5.
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The term of existence of the Authority shall
be 50 years.
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Witness the hands of the Chairman and the Secretary
of the Supervisors and the seal of the Township of Lower Southampton,
Bucks County, Pennsylvania, this 2nd day of May 1978.
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The proposed Articles of Incorporation of said
Authority shall be executed by and on behalf of the township by the
President of the Board of Supervisors, the seal of the township shall
be thereto affixed and attested by the Secretary. The Township Solicitor
is authorized and directed to cause to be published the notice of
this resolution which shall contain the substance of the Articles
of Incorporation as required by the aforementioned Act, and when said
Articles of Incorporation are properly executed, the same shall be
filed with the Secretary of the Commonwealth.