(A) The Common Council of the City of Connersville, Indiana now deems it to be in the best interest of the city and its citizens to afford a maximum opportunity for rehabilitation, redevelopment or economic development of areas by private enterprise and the city by establishing a Department of Redevelopment.
(B) The Common Council hereby establishes the Department of Redevelopment of the city. The Department will be controlled by a Board of five members known as the Connersville Redevelopment Commission.
(C) Pursuant to the Act all of the territory within the corporate boundaries of the city will be a taxing district to be known as the Redevelopment District of Connersville for the purpose of levying and collecting special benefit taxes for redevelopment and economic development purposes as provided in the Act. The Common Council finds and determines that all of the taxable property within this special taxing district will be considered to be benefitted by the redevelopment projects and economic development projects carried out under the Act to the extent of the special taxes levied under the Act.
(D) (1) The Mayor of the city shall appoint three of the five members of the Connersville Redevelopment Commission.
(2) The Common Council of the city shall appoint the remaining two members of the Conners- ville Redevelopment Commission.
(3) The term of office of the members of the Connersville Redevelopment Commission shall commence from the date of their appointment and expire on January 1, 1998. Appointments made by the Mayor and the Common Council after January 1, 1998 shall serve for a term period of one years, expiring on January 1.
(Ord. 3461, passed 6-24-96)