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It is hereby found and declared that there is a need for the Industrial Development Authority of the County of Humboldt created pursuant to § 91520 of the Act and that such Authority shall function in the County of Humboldt, and said Authority is hereby authorized to transact business and to exercise all powers permitted by law. (Ord. 1470, § 1, 5/12/1981; Ord. 2364, § 6, 6/20/2006)