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Resolution No. 97371 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 RESOLUTION NO. 9737 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VERNON APPROVING A CONFLICT OF INTEREST CODE FOR THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF VERNON WHEREAS, by Resolution No. IDA-18, adopted October 6, 2008, the Industrial Development Authority of the City of Vernon ("IDA") approved a Conflict of Interest Code (the "Code") and submitted the Code to the City Council of the City of Vernon pursuant to Sections 87300 et seq. of the California Government Code; and WHEREAS, the City Council finds that the Code submitted by the IDA meets the criteria of California.Government Code Section 87302. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VERNON AS FOLLOWS: SECTION 1: The City Council of the City of Vernon hereby finds and determines that the recitals contained hereinabove are true and correct. SECTION 2: The Conflict of Interest Code submitted by the IDA and provided for in Resolution No. IDA-18 is hereby approved. SECTION 3: The Conflict of Interest Code is deemed adopted by the IDA pursuant to Sections 87300, et seq. of the California Government Code. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 SECTION 4: The City Clerk of the City of Vernon shall certify to the passage of this resolution, and thereupon and thereafter the same shall be in full force and effect. APPROVED AND ADOPTED this 20th day of October, 2008. ATTEST: MANUELA GIRON, City Clerk Name: Loonis C. Malbura Title: Mayor / zM--r P�&-T - 2 - 1 2 3 4 5 6 7' 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 STATE OF CALIFORNIA ) ) ss COUNTY OF LOS ANGELES ) I, MANUELA GIRON, City Clerk of the City of Vernon, do hereby certify that the foregoing Resolution, being Resolution No. 9737, was duly adopted by the City Council of the City of Vernon at a regular meeting of the City Council duly held on Monday, October 20, 2008, and thereafter was duly signed by the Mayor or Mayor Pro-Tem of the City of Vernon. (SEAL) MANUELA GIRON, 4ity Clerk - 3 -