(A) The Pike County Fiscal Court and the City of Pikeville, pursuant to the terms and provisions of KRS 65.210 to 65.300, hereby renew the inter-local Cooperative Act first entered into on January 25, 1988, for the establishment of a joint Industrial Development and Economic Authority pursuant to KRS 154.50-301 to 154.50-346, to provide a coordinated effort to promote economic development on a sustained basis for Pike County, Kentucky.
(B) The name of the organization shall be Pikeville/Pike County Industrial Development and Economic Authority.
(C) The purpose of the organization shall be to coordinate the activities and to work with the Industrial Foundation, the Pike County Chamber of Commerce and the State of Kentucky to promote the industrial and economic development of Pikeville and Pike County.
(Ord. 07-0-002, passed 2-26-07)
Cross-reference:
Terms; membership; appointments; meetings, see Appendix A