In order to advertise the advantages of Elk Township (hereinafter referred
to as the "Township") to businesses that fit the framework of the Township.
The Economic Development Committee (herein referred to as the "Committee")
will analyze the economic potential and development of the Township, and will
mobilize and assist in the development of potential resources and economic
conditions of the Township. The Committee will also work with current businesses
located within the Township to assist them with their concerns and support
existing business improvement and economic conditions. With these goals in
mind, there is hereby created and established by this chapter a committee
to be known as the "Economic Development Committee of the Township of Elk."
Members of the Committee shall annually choose from among its voting
members a Chairman, a Vice Chairman and a Secretary. A majority of the voting
members shall constitute a quorum.
The members and officers of the Committee shall serve without compensation
except for legitimate costs approved by the Township Committee upon proper
submission and review for Committee expenditures.
Each member and officer of the Committee shall, before assuming office,
take and subscribe an oath that he/she will faithfully and impartially discharge
the duties of his/her office.
The Economic Development Committee shall be strictly an advisory committee.
It shall perform the functions and exercise the powers hereinafter enumerated:
A. It will develop ways and means of attracting industry
and commerce into the Township within budgetary limitations.
B. It will make recommendations to attract industry and
commerce and forward the same to the Mayor and Township Committee for consideration.
C. It will act as a liaison for new businesses between the
Planning/Zoning Board, the Environmental Commission and the Municipal Utilities
Authority.
D. It will assist in coordinating programs and projects
aimed at the retention of existing businesses as well as the attraction of
new or expanded business opportunities within the Township.
E. It will submit written reports to the Mayor and Township
Committee outlining its recommendations and advice on business development
within the Township.
The Committee shall not have any powers other than those set forth,
and specifically shall have no power to pledge the credit of the municipality
or to enter into contracts or to create debts except as authorized. It shall
operate within the appropriation made by the Township Committee in its annual
budget. The Committee shall make an annual report to the municipality during
December of each year, setting forth, in detail, its operations and recommendations
covering the preceding 12 months.