There is hereby established in the City a Business
Development Authority.
It is hereby declared that the future development
of business and industry within the City of East Orange is a matter
of concern affecting the public safety, health and welfare of the
City and its inhabitants and that it shall be the purpose of the Business
Development Authority, in cooperation with other city, county, state
and federal agencies, as well as organizations and individuals of
the City, to seek to encourage the development of business and industry
in the City through the providing of information service to prospective
businesses, the active seeking of new business and industry to locate
in the City and the development of proposals for legislation in this
area to be submitted to City Council.
The Business Development Authority shall consist
of nine members, five to be appointed by the Mayor without approval
of City Council and four to be appointed by City Council on motion
not requiring approval of the Mayor. The term of office for all members
shall be three years, except that the initial appointments shall be
staggered so that three members shall be appointed as of the first
day of January of each year, beginning January 1, 1974. The initial
appointments shall be as follows: two Mayor's appointments and one
Council appointment for a term ending December 31, 1974; two Mayor's
appointments and one Council appointment for a term ending December
31, 1975; and two Council appointments and one Mayor's appointment
for a term ending December 31, 1976. In addition, there shall be a
liaison member appointed annually by the City Council, which liaison
member shall serve without vote. In case of death, resignation or
inability to serve, a successor shall be appointed in the same manner
as the appointment of the original members to fill the unexpired term
of such member. Each member shall serve until his successor is duly
appointed and qualified. Membership on this Authority shall not be
limited to residents of the City of East Orange, but all members must
either be residents of the City of East Orange or be directly involved
in the business community within the City of East Orange.
The Business Development Authority shall, as
soon as possible after the first day of each year, select a Chairman
and such other officers as it may deem necessary and shall adopt bylaws
to govern its procedural operation. It shall have the power and authority
to hire, supervise and discharge such persons as may be authorized
in its budget as approved by the City Council and expend other money
consistent with such budget appropriations.
The Business Development Authority shall have
the following powers and duties:
A. To foster participation in and encourage efforts to
bring business and industrial establishments to the City.
B. To cooperate with the various departments, boards,
commissions and agencies of the City and assist them in achieving
the goals and purposes of this chapter.
C. To report from time to time and not less than once
a year to the Mayor and City Council on policies, procedures and programs
which will exist to foster the growth of business and industry in
the City and also to recommend proposed legislation which might exist
in the foregoing.