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(A) The City Council, pursuant to Cal. Health & Safety Code § 33200, declares itself to be the Redevelopment Agency as provided in this sub-chapter, and that all rights, powers, duties, privileges and immunities vested by the Community Redevelop-ment Law in such agency shall be, and are, vested in this body. The City Council further finds that this action shall serve the public interest and promote the public safety and welfare in an effective manner.
(B) The City Clerk is authorized and directed to forward a certified copy of the ordinance codified in this section to the Secretary of State upon its adoption by the City Council.
('81 Code, § 2.50.020) (Ord. 917, passed - -89)