The Carteret Economic Development Corporation
shall be designated as the "Zone Development Corporation" for the
Borough of Carteret.
[Amended 12-6-2001 by Ord. No. 01-48]
A. The Board of Trustees shall be composed of seven regular
members who, except as provided for herein, shall be appointed by
the Mayor with the advice and consent of the Borough Council for a
term of four years. Only regular members shall be authorized to vote
upon matters requiring formal action by the Board.
(1) The regular members shall consist of the following:
(b)
One member of the Borough Council appointed
annually by the Council.
(c)
One other Borough official, officer or employee.
(d)
Four residents of the Borough and/or members
of the business community thereof, who shall be appointed so as to
ensure that the total membership of the Board shall be broadly representative
of businesses and communities within the Borough.
(2) The initial appointments of the resident/business
members to the Board of Trustees as reconstituted pursuant to this
Ordinance shall be as follows:
(a)
One person shall be appointed for one year.
(b)
One person shall be appointed for two years.
(c)
One person shall be appointed for three years.
(d)
One person shall be appointed for four years.
B. Advisory members.
(1) In addition to the regular members, the Board of Trustees
shall have 12 advisory members who shall not have a vote on matters
requiring formal action by the Board. Advisory members shall be residents
of the Borough and/or members of the business community thereof, and
shall, collectively, be broadly representative of the businesses and
community organizations within the Borough. Advisory members shall
be appointed by the Mayor with the advice and consent of the Borough
Council for a term of four years.
(2) The initial appointments of the advisory members to
the Board of Trustees as reconstituted pursuant to this ordinance
shall be as follows:
(a)
Three members shall be appointed for one year.
(b)
Three members shall be appointed for two years.
(c)
Three members shall be appointed for three years.
(d)
Three members shall be appointed for four years.
C. All members of the Board of Trustees shall serve on
a non-salaried basis.
[Amended 12-6-2001 by Ord. No. 01-48]
It shall be the responsibility of the Zone Development
Officer, who shall be appointed annually by the Mayor with the advice
and consent of the Borough Council, with review by and comments of
the Board of Trustees, to ensure that all provisions of the Urban
Enterprise Zones Act (N.J.S.A. 52:27H-60 et seq.) are adhered to during
the life of a zone designation.