HomeMy WebLinkAbout2024-04Ordinance 2024-04
Changing the Name of the Industrial Development Authority of the Town of Pulaski,
Virginia to the Economic Development Authority of the Town of Pulaski, Virginia
WHEREAS, by Ordinance duly adopted by the Town Council of the Town of Pulaski, Virginia
on September 26, 1967 (the "Original Ordinance"), the Town of Pulaski, Virginia created the
Industrial Development Authority of the Town of Pulaski, Virginia (the "Authority") pursuant to
the Industrial Development and Revenue Bond Act, then existing as Chapter 33, Title 15.1 of the
Code of Virginia, 1950 and now embodied in Chapter 49 of Title 15.2 of the Code of Virginia
1950, as amended; and,
WHEREAS, the Town Staff has requested that pursuant to § 15.2-4903(B) of the Code of
Virginia, 1950, as amended, that the Original Ordinance created the Authority be amended to
change the name of the Authority to the Economic Development Authority of the Town of
Pulaski, Virginia to better describe the activities of the Authority; and,
WHEREAS, the Town Council of the Town of Pulaski, Virginia has determined to change the
name of the Authority to the Economic Development Authority of the Town of Pulaski, Virginia
NOW, THEREFORE it be ORDAINED that the name of the political subdivision created
hereby shall be the Economic Development Authority (EDA) of the Town of Pulaski, Virginia.
NOW, THEREFORE it be FURTHER ORDAINED that the Economic Development
Authority of the Town of Pulaski, Virginia shall have and shall continue to have all rights,
duties, powers, and responsibilities as provided by Chapter 49 of Title 15.2 of the Code of
Virginia.
This ordinance is effective upon adoption and is hereby adopted this 16th day of January 2024 by
the duly recorded vote of the Town Council of the Town of Pulaski as follows:
Gregory C. East- Aye
James A. Radcliffe- Aye
Jeremy L. Clark- Aye
G. Tyler Clontz- Aye
Brooks R. Dawson- Aye
Michael P. Reis- Aye
TOWN OF PULASKI, VIRGINIA
V
W. Shannon Collins
Mayor
ATTEST
C"IV I J-
is C. Hale
Clerk of Council