a. There is hereby created a Job Development Incentive Program Committee composed of four (4) members as follows:
1. Two members of the Board of Commissioners nominated by the Mayor and approved by the Board of Commissioners;
2. The City Manager; and,
3. The Chief Financial Officer as an ex-officio, non-voting member.
The members of the Board of Commissioners shall serve for their term of office. All other members of the Committee shall serve so long as he holds that position.
b. The Committee shall establish and evaluate terms and conditions for employee withholdings credits in conformity with this Subchapter and recommend to the Board of Commissioners the disposition of employee withholdings credit applications submitted to it.
c. The Chief Financial Officer of the City of Bowling Green shall serve as the Job Development Incentive Program Manager, and shall have the following duties:
1. To assist in the implementation of this Subchapter;
2. To assist applicants in the preparation of applications;
3. To act as liaison between the Committee and applicants;
4. To recommend disposition of applications to the Committee; and,
5. To monitor existing employee withholdings credit agreements and periodically report to the Committee.
d. The Chief Financial Officer as Program Manager shall also provide technical and managerial assistance to the Committee, which shall include, but not be limited to the following:
1. Evaluate and review policy considerations for the Job Development Incentive Fund Program;
2. Establish rules and regulations with the approval of the Committee which assist the implementation of said policy and this Subchapter; and,
3. Provide the Committee such advice and support as is needed to carry out their duties and accomplish the purposes, goals and objectives of this Subchapter.
(Ord. BG94-47, 12/6/94; Ord. BG2002-13, 3/19/2002; Ord. BG2006-32, 9/19/2006; Ord. BG2011-17, 4/19/2011; Ord. BG2012-45, 1/15/2013)