161.03  PURPOSE AND AUTHORITY.
   Said Board is created, organized and made an administrative agency of the City exclusively for charitable, educational and scientific purposes in order to provide for the health, education and welfare of all persons; and in accordance with West Virginia Code Article 8-16, said Board shall be specifically charged with the responsibility for construction, operation and maintenance of a Life Care Facility in or near said City.  Said Board shall proceed as soon as it may conveniently do so to bring about the acquisition, extension and improvement of such works and such Board is directed to issue all such necessary revenue bonds of said City under said Article 8-16 in such amount as may be found necessary to pay for the cost of such works or any part thereof.
(Passed 11-9-09.)