(a) Pursuant to Ohio R. C, 1724.10, Council hereby finds and determines that it is the policy of the Village to promote the health, safety, morals and general welfare of its residents through the designation of a countywide community improvement corporation as the agency and instrumentality of the Village for industrial, commercial, distribution and research development within the Village and the County, The Mercer County Community Improvement Corporation, a countywide community improvement corporation, organized as a nonprofit corporation pursuant to Ohio R. C. Chapter 1724, is hereby designated as such agency and instrumentality for the Village and the County.
(b) The Mayor and the Clerk-Treasurer are hereby authorized to enter into an agreement and a plan with the Mercer County Community Improvement Corporation for the purposes set forth in subsection (a) hereof.
(Ord. 1027. Passed 3-28-83.)