There is hereby established in the Township
an Economic Development Commission having the powers and duties hereinafter
enumerated.
The members of the Economic Development Commission
shall choose annually from among their members a Chairman or President
and such other officers as they may deem necessary. The Mayor shall
be an ex officio member of the Commission.
The Economic Development Commission shall have
the following powers and duties:
A. To inquire into, survey and publicize the extent,
advantages and utility of vacant land within the Township.
B. To classify such vacant land according to its adaptability
for the settlement thereon of various types of business, professional,
and industrial enterprise.
C. To study and analyze various businesses, industries
and professions with a view to ascertaining the opportunities for
expansion of such business, industries and professions within the
Township.
D. To recommend to the Township Committee advertising
the economic advantages and opportunities and availability of real
estate in the Township, and to encourage and accomplish business,
industrial and professional settlement within the Township.
The Township Committee may annually appropriate
funds for the use of the Economic Development Commission, and such
funds may be expended on the authority and approval of the Commission,
upon submission of proper vouchers.