[Adopted 8-26-2003 by Ord. No. 16-2003]
There is hereby established an advisory committee to the Borough Council pursuant to N.J.S.A. 40A:60-7d to be known as the "Municipal Housing Element and Fair Share Plan Committee."
The Committee shall consist of five members. The membership shall include five citizens of the Borough of Spring Lake, appointed by the Borough Council. The Borough Council shall designate one of the members as the Chairperson. Members shall serve without compensation.
A. 
The term of appointment shall be for one year. The initial Committee appointments shall be until December 31, 2003.
B. 
Thereafter each member's term shall be for one year commencing January 1 of each year. A vacancy occurring otherwise than by expiration of term shall be filled by the Borough Council for the unexpired term only.
The powers of the Committee shall be to plan, study and make recommendations to the Mayor and Borough Council as to the Borough Housing Element of the Master Plan and the Fair Share Plan developed in conjunction with the requirements of the State of New Jersey Council on Affordable Housing. It is also authorized to perform such other acts or to form and establish such special project subcommittees as may be assigned to it by the Borough Council.
The Committee shall be authorized to obtain the assistance of professionals, if deemed necessary, upon the approval of the Borough Council.
The Committee shall render a report of its activities to the Mayor and Borough Council not less than annually.