The Committee shall hold regular meetings at least semi-annually in March and September and may hold special meetings as necessary to review the Food and Beverage Tax program of the city and to advise the governing body of the city with regard to the program. Special meetings of the Committee shall be held whenever called by the chairperson of the Committee or a majority of Committee members. Each September, or more often as deemed appropriate by the Committee, the Committee shall provide a written report to the governing body on its findings and suggestions.