[HISTORY: Adopted by the City Council of the City of Passaic 6-3-2002 by Ord. No. 1516-01. Amendments noted where applicable.]
The title of the Agency is the "Passaic Redevelopment Agency."
A. 
There shall be seven Commissioners of the Redevelopment Agency, who shall be appointed by the Mayor with the advice and consent of the City Council.
B. 
The terms for these Commissioners shall be five years, except that the first appointees shall be designated as one having a term of one year, one having a term of two years, two having terms of three years, one having a term of four years and two having terms of five years.
C. 
Two Commissioners may be officers or employees of the City of Passaic.
D. 
Each Commissioner shall hold office for the term of his appointment and until his successor has been appointed and qualified.
E. 
Vacancies shall be filled in the same manner as the original appointment for the unexpired term.
A. 
A Commissioner who is a member of the governing body shall serve only a one-year term.
B. 
All other Commissioners shall be appointed in staggered terms in accordance with the previous section.
C. 
A certificate of appointment or reappointment of each Commissioner shall be filed with the Clerk.
D. 
A Commissioner shall receive no compensation for his services but shall be entitled to reimbursement for actual expenses incurred in the discharge of his duties, including travel expenses.
E. 
Four Commissioners shall constitute a quorum for purposes of conducting business and exercising powers and all other purposes. Action may be taken upon the affirmative vote of a majority but not by less than four Commissioners present, unless in the case that the bylaw of the Agency shall require a larger number.
F. 
The Agency shall select a Chairman and a Vice Chairman from among the Commissioners, and it shall employ an Executive Director who shall be its Secretary.
A. 
No Commissioner or employee of the agency shall acquire an interest, direct or indirect, in any redevelopment project or in any property included or planned to be included in a project, nor shall be have any interest, indirect or direct, in any contract or proposed contract for materials or services to be furnished or used in connection with the project.
B. 
If any Commissioner or employee of the Agency owns or controls an interest, direct or indirect, in any property included or planned to be included in a project, he shall immediately disclose same in writing to the Agency, and a disclosure shall be entered into the minutes of the Agency. Failure to disclose such an interest shall constitute misconduct in office. An employee making such a disclosure shall not participate in any action by the Agency affecting the property.
C. 
A Commissioner may be removed by action of the Council after given a copy of the charges at least 10 days prior to a hearing and an opportunity to be heard. Record of these proceedings, together with the charges and findings, shall be filed with the office of the Clerk of the City of Passaic.
An Executive Director of the Redevelopment Agency shall be appointed in accordance with the requirements of N.J.S.A. 40A:12A-12 et seq.