(A) The Town of Kouts Department of Redevelopment, controlled by a board of five members to be known as the Town of Kouts Redevelopment Commission is hereby 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 Town Council in accordance with Section 6.1 of the Act, I.C. 36-7-14.
(C) The Department shall be governed by the Act and the Commission shall be the power and authority to do and perform all things now or hereafter granted to it by the Act.
(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 Act.
(Ord. 2005-2, passed 4-18-05)