[Adopted 7-17-1995 by Ord. No. 14-1995;
amended in its entirety 8-18-2003 by Ord. No. 26-2003]
The Board of Trustees of the Pleasantville Urban Enterprise Corporation
will have nine Trustees and two alternates. Seven Trustees and one alternate
will be public Trustees. There will be three Trustees from the City administration,
one of which shall be the Mayor and two of which will be Trustees of Council.
Each public Trustee shall be appointed for a term of three years, except
for the initial appointment which shall follow the effective date of this
article. Initial appointments shall be made so as to provide for staggered
expiration dates. Specifically, the initial appointment of the lender/banking
professional and one at-large resident shall expire December 31, 1995. The
initial appointment of the retail merchant and one at-large resident shall
expire December 31, 1996. The initial appointment of the attorney, realtor
and City Planning Board Trustee shall expire December 31, 1997.
Appointments of the public Trustees and alternates shall be made at
the annual reorganization meeting of the City Council by a majority vote of
Council. Any vacancy of public Trustee or alternate may be filled by a majority
vote of City Council at any regularly scheduled meeting of City Council.