Council hereby finds and determines that it is the policy of the City to promote the health, safety, morals and general welfare of its citizens through the designation of a community improvement corporation as the agency and instrumentality of the City for advancing, encouraging and promoting the industrial, economic, commercial, and civic development of a community or area and for facilitating the reclamation, rehabilitation, and reutilization of vacant, abandoned, tax-foreclosed or other real property within the City. The Parma Community Improvement Corporation, one 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 advancing, encouraging and promoting the industrial, economic, commercial, and civic development of a community or area and for facilitating the reclamation, rehabilitation, and reutilization of vacant, abandoned, tax-foreclosed or other real property within the City.
(Ord. 265-96. Passed 9-23-96; Ord. 207-13. Passed 10-21-13.)