Pursuant to the joint powers agreement between the city and the Chico Redevelopment Agency, the Chico Public Financing Authority shall have all of the powers granted to it by the joint powers laws of the state of California, including but not limited to the powers set forth in the Marks-Roos Local Bond Pooling Act of 1985, as well as all powers common to the city and the agency which may be necessary to accomplish the purposes of the authority.
(Ord. 1829 (part))