§ 54-162. Use of funds.

Latest version.

Grants from the economic development fund shall be made for the purpose of, among other things, promoting and fostering the economic development of the city, inducing additional investment through a new location or expansion of any desirable target industry or business in the city, and bringing additional yearround payrolls to supplement the present economy. Such uses and purposes are hereby declared to be a city purpose.

(Code 1981, § 14-102)

                    
                        var val = document.getElementById('citecontent').innerHTML;
                        art.dialog.defaults.title = window.location.href;
                        art.dialog.data('cite', val);
                        art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
                        art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');