(A) Purpose. There is hereby established the Fairfield Economic Development Committee (hereinafter "FEDC"). The purpose of the FEDC is to promote sound economic development programs by conducting research, inventorying of resources and preparation of industrial, commercial, retail and business profiles to be used as presentations to prospective persons, partnerships, corporations or other legal entities who are considering expansion or location in Fairfield. The FEDC shall make its findings and recommendations to the Mayor and City Council in the manner prescribed herein.
(B) Advisory body. The FEDC is an advisory board only and will make no statement, claim, contract or pledges, either orally or in writing, that would in any way bind the city, its agents, employees, contractors, aldermen, Mayor, successors or assigns without the prior formal approval of the City Council.
(Ord. 20-0428-208, passed 4-28-2020)