There is hereby established an advisory committee
which shall be known as the "Bordentown City Economic Development
Advisory Committee."
The Bordentown City Economic Development Advisory
Committee shall assist in the development and maintenance of a positive
business environment in the City of Bordentown, shall foster an appropriate
mix of business types throughout the City and shall work to avoid
a proliferation of vacant or underused commercial properties and the
nuisances inherited with such conditions. The Committee shall perform
the following functions:
A. Prepare a commercial use survey and inventory for
the City to monitor types of commercial uses, commercial tax ratables
and the availability of vacant or underused commercial property, including
property that could be used for commercial purposes.
B. To establish guidelines and strategies to attract
and assist businesses which are appropriate businesses that will maximize
the commercial tax ratables and be a contributing part of the City's
economic and social life.
C. Coordinate efforts with any federal, state, county,
regional and/or private economic development agencies to foster and
perpetuate a successful and commercial environment in the City and
to give guidance and information to businesses which desire to start
up or relocate in the City.
D. Encourage reinvestment in existing but unused or underused
commercial structures in the City.
E. Research the availability of and prepare applications
for grants and/or funding, subject to the approval of the Board of
Commissioners, which would help facilitate economic development.
F. Confer with and advise the Planning Board and Board
of Commissioners concerning land use issues which may have an impact
upon the commercial and industrial uses of the City.
G. Report semiannually to the Planning Board and the
Board of Commissioners on the state of the City's business community
with recommendations for improvement.