[Adopted 11-13-2012 STM
by Art. 11, approved 2-4-2013]
The purpose is to create a permanent seven-member Economic Development
Committee appointed by the Select Board on an annual basis, consisting
of a member of the Select Board and six persons who are either members
of the Sterling business community or registered voters of the Town
who are interested in promoting business development in Sterling;
in order to promote industrial, commercial, and agricultural business
development within Sterling; to provide advice to the Select Board
on economic development policy; to meet and work with current Sterling
businesses and prospective businesses; to coordinate its activities
with the activities of the Industrial Development Commission and the
Agricultural Commission; and to work cooperatively with businesses
and state agencies to retain current businesses and attract new businesses
to Sterling; and further, to authorize the Committee any annual appropriation
as the Town may vote for expenses and professional marketing materials
to promote business development with the Town of Sterling. Members
of the Committee (with the exception of the member of the Select Board
serving on the Committee) will be appointed by the Select Board for
terms of three years (except that initial terms will be of such lengths
so that no more than two expire in any one year) and will report to
the Select Board at least twice during each fiscal year of the Town.