The city of Chico and the Chico redevelopment agency have heretofore approved and executed that certain joint powers agreement dated July 17, 1990, which established the Chico public financing authority for the purpose of facilitating the financing of land, facilities and equipment to be used for the public purposes of the city or the agency. Such agreement is codified in Chapter 2.46 of this code. The purpose of this chapter is to set forth the bylaws of the Chico public financing authority, all as provided for by the joint powers agreement and Chapter 2.46 of this code.
(Res. No. 11 90-91 (part))