The purpose of this Board is to provide recommendations to the City Commission on policies, initiatives, projects, and programs whose goal is to improve the infrastructure, public facilities, services, economic prosperity and sense of place of the city and to further the goals established by the city's Master Plan and Parks and Recreation Plan. The Board shall have authority to make decisions and take other actions to promote economic development in the city. The Board may spend any funds raised or allocated to the Board consistent with the city ordinances, including the annual budget process. The Board may also:
(A) Prepare and submit recommendations to the Commission on a broad range of matters generally related to community and economic development.
(B) Assist in the development of plans and programs for the purpose of retaining and enhancing the existing commercial and industrial base of the city.
(C) Review and advise the City Commission on the relative merits of individual community and economic development proposals.
(D) Collect and disseminate information relating to availability of land, financial tools and resources and other factors relating to successful community and economic development.
(E) Perform such other duties and provide such additional information, assistance and advice to the City Commission as the City Commission may request or direct.
(Ord. 2019-008, passed 6-6-2019; Am. Ord. 22-003, passed 9-15-2022)