There is hereby established an Economic Development Committee
which shall consist of five members, classified and appointed as follows:
A. Class I: one member of the Township Council to be appointed by the
Mayor with the advice and consent of the Township Council.
B. Class II: the Business Administrator.
C. Class III: three other members to be appointed by the Mayor with
the advice and consent of the Township Council.
The Committee shall act in an advisory capacity to the Mayor
and Township Council on all matters concerning industrial, business
and commercial development within the limits of the Township of Clark,
not in conflict with the rights and duties of the Clark Township Planning
Board. The Committee shall have full and complete charge of all expenditures
of funds allocated to the Committee by the budget of the Township,
and the Township shall not be liable for any amount greater than that
appropriated for the Committee by the Township Council. The Committee
may solicit funds from interested citizens or other governmental agencies.
The Committee shall elect a Chairman and create and fill such
other offices as it shall deem necessary and shall create and fill
such committees and positions not limited to its membership as it
shall deem necessary.
The Committee shall have the power to adopt bylaws and rules
and regulations, subject to the approval thereof by the Township Council.
The Committee shall have the power to make recommendations to
the Township Council and shall periodically render reports of its
activities to the Township Council.