Pursuant to Ohio R.C. 1724.10, Council hereby finds and determines that it is the policy of the City 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 City for industrial, commercial, distribution and research development within the City. The North Royalton Community Improvement Corporation, a community improvement corporation organized as a corporation not for profit in the manner provided in Ohio R.C. Chapter 1724, is hereby designated as the City's agency and instrumentality for industrial, commercial, distribution and research development in the City.
(Ord. 1983-22. Passed 11-2-83.)