[HISTORY: Adopted by the Town Council of the Town of Monroe 8-23-1979 (Ch. 10 of the 1976 Code). Amendments noted where applicable.]
There is hereby created and established a commission to be known as the "Economic Development Commission of the Town of Monroe." This Commission is established pursuant to Chapter IV, § 9 of the Charter of the Town of Monroe.
The purpose of the Economic Development Commission is to:
Conduct research into the economic conditions and trends in Monroe.
Make recommendations to appropriate officials and agencies in Monroe regarding action to improve its economic condition and development.
Coordinate the activities of and cooperate with unofficial bodies organized to promote economic development.
Advertise, prepare, print and distribute books, maps, charts, pamphlets and other materials which may carry out the official purpose of the Commission.
At its organizational meeting, the Commission shall elect a Chairman from among its members and a Secretary who need not be a member of the Commission. Said Chairman and Secretary shall serve as such until the next following January 31 and until their successors shall have been duly elected. Thereafter, at a meeting to be held in the month of January of each year, the Commission shall elect a Chairman from among its members and a Secretary who need not be a member of the Commission, said elected officers to serve for terms of one year, commencing February 1 following their election, and until their successors are duly elected. Vacancies in said officerships shall be filled for the unexpired terms thereof by the Commission.
Said Commission shall keep proper minutes and records of its meetings and activities and shall make an annual report to the Town Council in the manner required of other agencies, boards and commissions of the Town of Monroe. The annual report, in addition to describing the activities of the Commission for the past year, shall set forth its goals for the future and compare past achievement with the goals it set.
No more than five members of such Commission shall be of the same political party.
The members of said Commission shall receive no compensation but may be reimbursed for actual expenses incurred in the performance of their duties.
All budgetary and personnel concerns as well as the general administration of the Commission shall be as required of other agencies, boards and commissions and in such a manner as to conform to the requirements of the Town Charter.