The Village Board hereby finds, determines and
declares that the undertaking of programs and projects for blight
elimination and prevention, slum clearance and prevention, urban renewal
and redevelopment, and community development and redevelopment (collectively,
"qualified redevelopment projects") will encourage well-planned, integrated,
stable, safe and healthful neighborhoods, the provisions of healthful
homes, a decent living environment, adequate places of employment
for the people of the Village and an increase in the general property
tax base of the Village.
The Village Board hereby finds, determines,
and declares that there exists within the Village a need for qualified
redevelopment projects, and that creation of a CDA in the Village
will serve the public interest.
As a means of more clearly setting forth its
powers and rules of procedure, the Community Development Authority
shall adopt a set of bylaws which shall, among other things, establish
the general policy duties and provide for the appointment of the Chairperson,
Treasurer, Secretary, Executive Director. The initial bylaws and subsequent
amendments must also be approved by a majority vote of the Village
Board.
The Village Board hereby authorizes and directs
the Village Clerk, immediately upon adoption of this chapter, to certify
a copy of this chapter, and transmit such copy to the Village President.
The Village Board hereby authorizes and directs the Village President,
upon receipt of this chapter, to recommend appointment of seven resident
persons as commissioners of the Authority having the qualifications
required under § 66.1335, Wis. Stats., which appointments
shall be subject to approval by a 2/3 majority vote of the Village
Board. Two of said commissioners shall be members of the Village Board
and shall serve on the Authority during their respective terms of
office as Village Board members. The initial appointments of the five
non-Village Board commissioners shall be for the following terms:
two commissioners for one year, and one commissioner each for terms
of two, three and four years. Thereafter, the terms of the non-Village
Board commissioners shall be four years and until their successors
are appointed and qualified. Any vacancies shall be filled for the
unexpired term.
The Authority shall propose an annual budget
to the Village Board with associated professional services fee schedules
for review and approval. Any approved budget and fee schedule may
be amended from time to time at the sole discretion of the Village
Board in accordance with § 65.90(5)(a), Wis. Stats.
Commissioners shall be reimbursed their actual
and necessary expenses including local travel expenses, except for
meeting attendance at the Village Hall, incurred in the discharge
of their duties as provided under § 66.1335(2)(d), Wis.
Stats.
At any time, the Board of Trustees may, by a
vote of 2/3 of the members of the Board, amend this chapter so as
to alter or abolish the duties, authority or existence of the Community
Development Authority; provided, however, that the Board of Trustees
first make legally sufficient alternatives available for the satisfaction
of any contractual obligations previously incurred by the Community
Development Authority.