[Added 9-13-2004 by Ord. No. 29-04]
Under and pursuant to the provision of the Local Redevelopment and Housing Law,[1] there is hereby created a body corporate and politic and an instrumentality of the Township, to be knows as the "Old Bridge Redevelopment Agency (the "Redevelopment Agency").
[1]
Editor's Note: See N.J.S.A. 40A:12A-1 et seq.
A. 
The Redevelopment Agency shall consist of seven Commissioners, consisting of one Class A Commissioner and six Class B Commissioners.
B. 
The Class A Commissioner shall be appointed by resolution of the Municipal Council from among the membership of the Municipal Council. The one Class A Commissioner shall serve a term of one year.
C. 
The Class B Commissioners shall be appointed by the Mayor with the advise and consent of the Municipal Council from among Township residents, only one of which may be officers or employees of the Township.
D. 
Terms.
(1) 
The term of the office of the initial Class A Commissioner shall begin on the date such Commissioner is appointed and qualified;
(2) 
The term of office of any Class A Commissioner shall terminate if such Commissioner is no longer a member of the Municipal Council;
(3) 
The terms of office of the initial Class B Commissioners shall begin on the date(s) such Commissioners are appointed, confirmed and qualified; and
(4) 
The term of office of any Class B Commissioner shall terminate if more than one such Commissioner shall thereafter become an officer or employee of the Township.
E. 
Each Commissioner shall hold office for the term of his appointment according to statute, N.J.S.A. 40A:12A-11, and until his successor shall have been appointed and qualified.
F. 
Any vacancy occurring in the office of Commissioner, from any cause, shall be filled in the same manner as the original appointment, but for the unexpired term.
If the form of government of the Township shall hereafter be changed from the Mayor-Council Plan, under N.J.S.A. 40:69A-31 et seq., to a new form of government, appointments of the Class B Commissioners shall thereafter be made in the manner generally required for appointments by such new form of government. In addition, for so long as the Township is governed by the Mayor-Council Plan under N.J.S.A. 40:69A-31 et seq., the Mayor shall be an ex officio, nonvoting member of the Redevelopment Agency.
Pursuant to N.J.S.A. 40A:12A-4c, the Township hereby designates the Redevelopment Agency as the "redevelopment entity" responsible for implementing redevelopment plans and carrying out redevelopment projects pursuant to the Local Redevelopment and Housing Law.[1]
[1]
Editor's Note: See N.J.S.A. 40A:12A-1 et seq.