[Res. 2009-R-7, 1/28/2009, § 1]
The Board of Supervisors herein establishes the Financial Planning Committee which shall consist of not more than nine members who shall be appointed by the Board of Supervisors to serve three-year terms. At the outset, three members shall be appointed to three-year terms, three members shall be appointed to two-year terms and three members shall be appointed to one-year terms. The terms shall commence January 1, 2009, although the actual appointments may not occur until thereafter. The Township's Finance Director and Township Treasurer shall be non-voting members of the Committee.
[Res. 2009-R-7, 1/28/2009, § 2]
The Committee shall be authorized to make recommendations to the Board of Supervisors related to matters associated with finance, budgeting, debt service, investments and long-range planning. The Committee may perform such other functions as requested by the Board of Supervisors from time to time.
[Res. 2009-R-7, 1/28/2009, § 3]
The Financial Planning Committee shall meet as need be, but at least quarterly, at a time and date to be published in the public meeting notices of Township meetings.
[Res. 2009-R-7, 1/28/2009, § 4]
The members of the Committee shall not receive any compensation for their services, although in the event a member of the Board of Supervisors is appointed to the Financial Planning Committee, he/she shall continue to receive the compensation which they are entitled to as a member of the Board of Supervisors but no additional compensation shall be paid to a member of the Board of Supervisors or any other person serving on the Committee. Members shall, however, be reimbursed for expenses actually and necessarily incurred by him/her in the performance of his/her duties provided said expenses are approved in advance by the Township Board of Supervisors.
[Res. 2009-R-7, 1/28/2009, § 5]
The Committee shall elect a chairman, vice-chairman and secretary at the first meeting of each calendar year. The chairperson shall be responsible to set the agenda, coordinate requests of documents and information from the Township staff, oversee the meeting, and call for motions and recommendations. The vice-chairman shall act in the stead of the chairman. The secretary shall be responsible for assisting in the preparation of the minutes of each meeting. In the event a member of the Board of Supervisors is appointed to serve on the Committee, a member of the Board of Supervisors may not be elected chairperson and/or secretary of the Committee.
[Res. 2009-R-7, 1/28/2009, § 6]
The Committee shall keep minutes of its meetings and activities and shall make oral reports to the Board of Supervisors and the Township Manager, as necessary. Minutes, at a minimum, shall include those persons in attendance at the meeting, motions made by the Committee, votes, as well as recommendations.
[Res. 2009-R-7, 1/28/2009, § 7]
Nothing contained herein shall be construed as an abolishment of any existing Township agency, board, authority or commission even though such agency, board, authority or commission may have responsibilities related to the responsibilities delegated to this Committee. Neither the Committee nor its members shall have authority to enter into the contracts without the approval of the Board of Supervisors. Any prior actions by the Board of Supervisors to establish the Finance Planning Committee or its predecessor shall be amended and superseded by the terms and conditions of this resolution.