[Adopted 6-26-1974]
Pursuant to the authority granted by Section 7-136 of the General Statutes of the State of Connecticut, there is hereby created a Municipal Economic Development Commission of five members with all the powers and duties specified in Section 7-136 of the General Statutes of the State of Connecticut, 1958 Revision, as amended, for the Town of Putnam.
The members of said Commission shall be appointed by the chief executive authority, Board of Selectmen, of the municipality. There shall be appointed one member who shall hold office for one year from the date of appointment, one member who shall hold office for two years from the date of appointment, one member who shall hold office for three years from the date of appointment, one member who shall hold office for four years from the date of appointment, and one member who shall hold office for five years from the date of appointment.
[Amended 6-12-1976]
The Board of Selectmen shall appoint two new members to said Commission not later than September 1, 1976. One such new member shall hold office for a term of four years from the date of his appointment and the other such new member shall hold office for a term of five years from the date of his appointment.
Any vacancy in the membership of the Commission shall be filled for the unexpired portion of the term by the Board of Selectmen.