(A) Creation. There is hereby created the Economic Development Commission to carry out the provisions as set forth below and as enacted by the General Assembly of the state in the “Promotion of Economic Development” (the “Act,” I.C. 36-7-2-7) and as may be amended from time to time.
(Prior Code, § 20.01)
(B) Purpose. The purpose of said Commission shall be to investigate, study and survey the need for job opportunities, industrial diversification and economic stability, development and general welfare of the town, and to carry out the duties and powers as set forth in the Act.
(Prior Code, § 20.02)
(C) Members. The members of said Commission shall be appointed and shall perform the duties and exercise the powers all as set forth in the Act.
(Prior Code, § 20.03)
(D) Director of Economic Development. There is hereby created the position of Director of Economic Development, who shall be responsible for coordinating efforts to promote and plan economic development in the town. The Director shall be subject to the supervision and direction of the Town Council.
(Prior Code, § 20.05)
Editor’s note:
Documents explaining fees and procedures for the issuance of economic development revenue bonds, as well as application forms, are available from the Economic Development Commission.