(A) Establishment. There is now hereby created a redevelopment authority for the county which shall be designated as the County Redevelopment Authority.
(B) Purpose. The Authority is created and organized for the purposes set out in I.C. 36-7-14.5-11, as it may be in effect from time to time.
(C) Membership. The initial Board of Directors (the “Board”) of the County Redevelopment Authority shall consist of three individuals who are residents of the county, and who shall serve for three years in accordance with I.C. 36-7-14.5-8, as it may be in effect from time to time.
(D) Meetings. The Board shall conduct meetings and elect officers in accordance with I.C. 36-7-14.5-9, as it may be in effect from time to time.
(E) Bylaws and rules. The Board may adopt such bylaws and rules as it considers necessary for the proper conduct of its duties and safeguarding of funds and property entrusted to its care.
(F) Powers and duties. The Authority shall have the powers and duties set forth in I.C. 36-7-14.5, as it may be in effect from time to time.
(Ord. 96-30, passed 7-22-1996)