Council 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 industrial, economic, commercial, distribution, research and development, and civic development within the City. The Parma Heights Community Improvement Corporation, one organized as a corporation not for profit in the manner provided in Ohio R.C. Chapter 1724, is designated as the City's agency and instrumentality for industrial, economic, commercial, distribution, research and development, and civic development in the City.
(Ord. 2014-10. Passed 4-28-14.)