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A. The Mayor of the City is hereby authorized and directed to execute the Articles of Incorporation of the proposed City of Reading Revitalization and Improvement Zone Authority in substantially the form set forth in this Part, and the City Clerk of the City is hereby authorized and directed to attest the same and to affix thereto the seal of the City. Such officers are authorized and directed to execute and deliver such other documents, agreements, certificates and instruments, and to do all acts necessary or appropriate to effect the incorporation of the proposed City of Reading Revitalization and Improvement Zone Authority, including, but not limited to, to cause notice of the substance of this Part, including the substance of the foregoing Articles of Incorporation, and the proposed filing of such Articles of Incorporation, to be published as required by the Municipality Authorities Act.
B. The Mayor of the City and the City Clerk of the City are authorized and directed to file such Articles of Incorporation and the necessary proofs of publication with the Secretary of the Commonwealth of Pennsylvania and to do all other things necessary to effect the incorporation of the City of Reading Revitalization and Improvement Zone Authority, including payment of the required filing fees.
The City of Reading Revitalization and Improvement Zone Authority shall have all the purposes, powers, and rights, as provided by Article XVIII-C of House Bill No. 465, Session of 2013, including, but not limited to, the designation of revitalization and improvement zones in the City, engaging in and financing the construction, including related site preparation and infrastructure, reconstruction or renovation of facilities within such revitalization and improvement zones, for purposes of taking any and all actions and performing any and all duties authorized by a Contracting Authority as defined in and authorized by Article XVIII-C of House Bill No. 465, Session of 2013, and shall have all the purposes, powers, and rights as provided by the Municipality Authorities Act.