Pursuant thereto, and in conformity with the requirements of the Industrial and Commercial Development Authority Act, the articles of incorporation for such an authority, in a form attached to this subpart and incorporated into it by reference, are adopted in full:
Articles of Incorporation
of
Troy Industrial Development Authority
To the Secretary of the Commonwealth of Pennsylvania, Harrisburg, Pennsylvania:
In compliance with the requirements of the Industrial and Commercial Development Authority Law and pursuant to a resolution adopted by the Council of Troy Borough, Pennsylvania, that an industrial development authority be established, under the provisions of the aforementioned law, the Mayor of the Borough of Troy, Pennsylvania, that a certificate of incorporation be issued to said Authority does hereby certify:
1. The name of the Authority shall be “Troy Industrial Development Authority.”
2. The Authority is formed under the Industrial and Commercial Development Authority Law, Act of August 23, 1967, P.L. 251.
3. The name of the incorporating municipality is Borough of Troy, Pennsylvania, in the County of Bradford.
4. The names and addresses of the members of Council of Troy Borough, Pennsylvania are as follows:
[Here followed the names and addresses of the members of Troy Borough Council at the time of incorporation.]
5. The names and addresses and terms of office of the first members of the Board of said Authority are as follows:
[Here followed the names and addresses and the respective terms of office of the first persons appointed to the Board of the Authority.]
All of whom reside in and are citizens of Troy Borough, Bradford County, Pennsylvania.
6. The term of existence of the Authority shall be 50 years.
(Res. 4/6/1974, § 2)