Pursuant to the provisions of Ohio R.C. 1724.10, Council hereby finds and determines that it is the policy of this City to promote the health, safety, morals and general welfare of its inhabitants through the designation of a community improvement corporation as the agency and instrumentality of this City for the industrial, commercial, distribution and research development in this City. The Westlake Community Improvement Corporation, a community improvement corporation organized as a nonprofit corporation in the manner provided in Ohio R.C. Chapter 1724, is hereby designated as the agency and instrumentality of this City for the industrial, commercial, distribution and research development in this City.
(Ord. 1976-58. Passed 5-20-76.)