For the purposes of creating jobs and employment opportunities and improving the economic welfare of the people as provided in Section 13, Article VIII of the Constitution of the State of Ohio, Council, pursuant to the provisions of Ohio R. C. 1724.10, hereby finds and determines that it is the policy of the Village to promote the health, safety, morals and general welfare of its inhabitants through the designation of a Community Improvement Corporation as the agency and instrumentality of the Village for the Village's industrial, commercial, distribution and research development, and the Community Improvement Corporation of Mount Gilead, being such a community improvement corporation and a corporation not for profit, is hereby designated as the Village's agency and instrumentality for its industrial, commercial, distribution and research development.
(Ord. 721. Passed 6-5-67.)