[Adopted 10-10-1989 by Ord.
No. 845-89 as Ch. 33 of the 1989 Code]
The City of Coatesville hereby signifies its intention on its own behalf,
as well as jointly in conjunction with five (5) other Chester County municipalities,
namely Caln Township, the Borough of Parkesburg, Sadsbury Township, Valley
Township and West Sadsbury Township, to organize the Central and Western Chester
County Industrial Development Authority, under Act No. 102 of the Commonwealth
of Pennsylvania, approved August 23, 1967, known as the "Industrial and Commercial
Development Authority Law."[1]
[1]
Editor's Note: See 73 P.S. § 371 et seq.
[Amended 3-25-1996 by Ord.
No. 1012-96]
The names, addresses and initial terms of office computed from January
1, 1969, of the members of the Board of the Authority designated by the City
of Coatesville are on file in the city offices.
[Amended 3-25-1996 by Ord.
No. 1012-96]
The City Manager shall execute, the City Secretary shall affix and attest
the Seal and the Solicitor is authorized to advertise and to file, on behalf
of the City of Coatesville, Articles of Incorporation with the Secretary of
the Commonwealth of Pennsylvania in substantially the following form:
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COMMONWEALTH OF PENNSYLVANIA
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INDUSTRIAL DEVELOPMENT AUTHORITY LAW
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DEPARTMENT OF STATE
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1967, Aug. 23, P.L.-No. 102
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File
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Number
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ARTICLES OF INCORPORATION OF CENTRAL AND WESTERN CHESTER
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COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY
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In accordance with the requirements of the Industrial and
Commercial Development Authority Law, approved the 23rd day of August 1967,
A.D.(Act No. 102), 73 P.S. § 371 et seq., the undersigned, constituting
in each case the governmental body of the municipality indicated, acting severally
as well as jointly in association with each of the other governmental bodies
for the purposes set forth in the Industrial and Commercial Development Authority
Law, and desiring that they may be incorporated and that a Certificate of
Incorporation may be issued to them and their and each of their successors
according to law, do hereby certify that:
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1.
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The name of the Authority shall be the "Central and Western Chester
County Industrial Development Authority."
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2.
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The Authority is formed under the Industrial and Commercial Development
Authority Law,"approved the 23rd day of August 1967 (Act No. 102).
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3.
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Caln Township, the City of Coatesville, the Borough of Parkesburg, Sadsbury
Township, Valley Township and West Sadsbury Township, all in Chester County,
Pennsylvania, each acting on its own behalf, as well as jointly in conjunction
with the others, are the incorporating municipalities. Joinder of additional
Chester County municipalities is encouraged, such joinder to be effected by
amendment of these Articles of Incorporation, with the approval of the then
members of the Authority.
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The following are the names, addresses and official positions of the
members of the respective governmental bodies of the incorporating municipalities.[1]
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4.
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The governing body of the Authority shall be a Board comprised at all
times of not fewer than six (6) members.
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Each governmental body of the incorporating municipalities and the governmental
body of any municipality hereafter becoming a member of the Authority shall
have the right to designate and to be represented at all times by two (2)
members of the Board of the Authority. The names, addresses and the initial
terms of office computed from January 1, 1969, of the first members of the
Board of the Authority, as designated by the governmental bodies of the incorporating
municipalities, are as follows, all of whom reside in and are citizens of
Pennsylvania.[2]
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5.
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The Authority shall exist for a term of fifty (50) years, in accordance
with the Industrial and Commercial Development Authority Law, approved August
23, 1967 (Act No. 102). These Articles of Incorporation have been executed
by the governmental bodies of the incorporating municipalities, by their proper
officers and under their respective municipal seals.
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6.
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All projects approved by the Authority shall provide for annual payments
by the lessee to the Authority, in addition to any other payments which may
be required, of an amount equivalent to the real estate taxes assessable against
the property and improvements leased for the use of the respective taxing
authorities in which said property and improvements are located in the same
proportion to the real estate taxes levied by each of them.
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IN WITNESS WHEREOF, we hereunto have set our hands and seals this
day of , 19 .
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CITY OF COATESVILLE
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By __________________
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Attest:
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..........................
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Secretary
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