(A) The Town Department of Redevelopment (the “Department”), controlled by a board of five members to be known as the “Town of Ingalls Redevelopment Commission” (the “Commission”), is hereby created and established.
(B)
Three members of the Commission shall be appointed by the President of the Town Council and two members of the Commission shall be appointed by the Town Council in accordance with § 6.1 of I.C. 36-7-14.
(C) The Department shall be governed by I.C. 36-7-14 and the Commission shall have the power and authority to do and perform all things now or hereafter granted to it by I.C. 36-7-14.
(D) All of the territory within the corporate boundaries of the town constitutes a taxing district for the purpose of levying and collecting special benefit taxes as provided in the I.C. 36-7-14.
(Ord. 2008-3, passed 5-27-2008)