[Amended 4-1-2019 by Ord.
No. 2019-2]
A. There
is hereby created the Economic Development Commission of the Town
of Mount Airy, which shall consist of no fewer than five and no more
than nine members, one of whom shall be a member of the Council of
the Town of Mount Airy who shall count toward quorum at Commission
meetings and shall vote on Commission decisions in cases of tie votes.
All members of the Commission, except for the Council member, who
shall serve concurrent with his or her term of office, shall be appointed
for terms of four years commencing from the first day of July of the
year of appointment or until their successors are appointed; provided,
however, that with respect to the members of the Commission first
appointed, three shall be designated to serve for initial terms of
four years, three shall be designated to serve for initial terms of
three years, and two shall be designated to serve for initial terms
of two years.
B. The Mayor, with the approval of the Council, shall
make all appointments, including those required by any vacancies.
It is not required that members be residents of the Town, but shall
have either residency, some business or economic interest, or both
in the Town and/or nearby region. All members of the Commission shall
serve without compensation, except that they may be reimbursed for
actual expenses to the extent authorized in the budget.
The Economic Development Commission, on or before
the first day of July in each and every year, shall select from among
its members a Chair to serve until the succeeding June 30 and such
additional officers as it may deem advisable. The Commission is empowered
to adopt all necessary rules and regulations for the conduct of its
business and shall hold such meetings as may from time to time be
deemed necessary. The Commission's regular place of business shall
be in the Town Hall of the Town of Mount Airy, but both regular and
special meetings of the Commission may be held elsewhere at the discretion
of the Commission.
The Commission shall submit to the Council of
the Town of Mount Airy an annual report on or before July 1 of each
and every year summarizing its activities, together with any recommendations
relating generally to economic development plans for the ensuing year.
No expenditures may be made by the Economic
Development Commission except to the extent authorized in the annual
budget of the Town or was may otherwise be lawfully approved in advance
by the Council of the Town of Mount Airy.