§ 33.076 POWERS AND DUTIES.

   (A)   To advise the City Council, City Manager, and city staff in all matters pertaining to Economic Development, including preparing:

      (1)   On-going analysis of economic development issues and opportunities that have the potential to impact or influence the economy of the city;

      (2)   An annual status report to summarize the prior year's actions and analyses; and

   (B)   To promote actions that maintain and create high quality jobs, build the city's community assets including housing, create a diverse and resilient economy, strengthen the city's revenue base.

   (C)   To serve as the city's Business Loan Committee, review funding proposals, and make recommendations to the City Council. The City Council will make the final decision on approval or denial of all loan applications submitted, including terms and conditions of loan agreements.

   (D)   To perform such other duties relating to economic development matters as may be prescribed by the Council.

(Ord. 920-C.S., passed 9-7-21)