[Adopted 11-12-1991 by Ord. No. 9-91-0181 as Ch. 2, Art. IV, Div. 4, of the 1991 Code]
In accordance with Section 13.40 of the Charter, there is hereby established an Economic Development Commission for the Town.
The Economic Development Commission shall consist
of nine members residing in the Town. Appointments shall be made by
the Town Manager. It is desirable that the members be actively engaged
in the field of public relations, finance, real estate, liaison and
industry.
The terms of office of the original members
of the Economic Development Commission shall be staggered. Annually
thereafter, three members shall be appointed to serve for terms of
two years. If there is a vacancy caused by resignation or for any
other reason, the Town Manager shall appoint a person to fill the
unexpired term.
The members of the Economic Development Commission
shall serve without compensation.
The Economic Development Commission shall elect
its Chairman from its members, and his term of office shall be for
one year. The Commission may, at its discretion, likewise elect a
Vice Chairman. The Commission shall also elect a Secretary in the
same manner as the Chairman.
A.
Regular meetings of the Economic Development Commission
shall be held at least once each month on such dates as shall be fixed
by the Commission. Special meetings shall be held as often as the
Commission shall determine necessary. A quorum for the transaction
of business at all regular and special meetings shall be five members
with full voting powers.
B.
All meetings of the Economic Development Commission
shall be open to the public. All transactions shall be made a part
of the public record and shall be open to the public view.
The Economic Development Commission shall adopt
rules for the transaction of its business and shall keep a permanent
record of all proceedings, resolutions and transactions.
The Economic Development Commission shall act
in an advisory capacity to the Town Council and the Town Manager to
promote and encourage the location and development of new business
in the Town and to encourage the maintenance and expansion of trade
and business in the Town.
It shall be the duty of the Economic Development
Commission to promote, aid and assist in the development, expansion
and location of industry and business in the Town, for the purpose
of establishing an equitable balance between commercial and residential
property. It may make surveys and compile statistics in furtherance
of the purposes set forth in this article. The Commission shall perform
such other duties, not inconsistent with the purpose of this article,
as may be prescribed by the Town Manager and Town Council. It shall
cooperate with the Planning Commission and all other departments of
the Town requiring its aid, counsel and advice. It shall have access
to all available plans, records, surveys and other information on
file with any Town department, and may call upon any such department
for aid, advice and assistance. It may also act as a liaison between
the Town and state and federal agencies on such matters as may be
authorized by the Town Manager and Town Council.
The Economic Development Commission shall make
annual reports and quarterly progress reports to the Town Manager
and Town Council. It may make such recommendations as it deems necessary
and advisable for the best interests of the Town.
