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HomeMy WebLinkAboutOrdinance No. 27-1975MICROFILMED ORDINANCE NO. 27-75 t AN ORDINANCE AMENDING ORDINANCE NO. 17 -75, WHICH ORDINANCE ESTABLISHED A COMMERCIAL DEVELOPMENT BOARD BY MODIFYING THE SCOPE OF DUTIES OF SAID BOARD; PROVIDING AN EFFECTIVE DATE. BE IT ORDAINED by the City Council of the City of Cape Canaveral, Florida, as follows: SECTION 1. Ordinance No. 17 -75 establishing a Commercial Development Board is hereby amended as follows: (1) Add the following new sub - section to Section 2(d): "2(d)(7) Other similar organizations or agencies which, in the opinion of the Commercial Development Board would be appropriate for such liaison." (2) Add new paragraph to Section 2, as follows: "2(i) To investigate sources of financial assistance available to the City from the governmental or private sector and to assist the City as directed by Council in properly applying and promoting the successful acquisition of said assistance. For the purpose of this Ordinance, financial assistance may be in the form of grants, low interest loans or physical property, including that of real or personal nature. Activity in the private sector will be limited to established foundations." SECTION 2. This Ordinance will become effective immediately upon its adoption,; y the City Council of the City of Cape Canaveral, Florida, ity Attorney ayor FIRST READING: POSTED: SECOND READING: ADVERTISED: 11 -4- 11 -5 -75 1.125 -75 11 -10 -75