(A) There is created, pursuant to I.C. 36-7-13-5, an advisory commission on industrial development, which shall be composed of five members, including at least one representative of the municipal government, at least one representative of the local industrial development corporation, at least one representative of a local banking institution, and at least one representative of a local utility. Commission members shall be appointed by the Mayor.
(B) The initial term of Commission members shall be for a term of one, two, or three years, as designated by the appointing Mayor, and thereafter, all terms shall be for a period of three years.
(C) A member of the Commission may represent more than one of the organizations enumerated in division (A) above.
(D) The Commission shall meet from time to time as may be required to conduct its business and shall make recommendations to the Common Council as authorized by I.C. 36-7-13-5.
(1980 Code, § 32.45) (Ord. 771, passed 4-10-1984)