It is recognized by the Mayor and Board of Trustees of the Village that the economic stability of the Village is dependent on a strong and diverse commercial base. A municipality which desires to attract and retain a vital business community must be sensitive to the complex factors which influence today's marketplace. It is also recognized that Mount Prospect currently has a wealth of expertise of business leaders within the community who are familiar with the peculiar problems and strengths of the Village. For this reason, it is desirable to form the Economic Development Commission, which draws upon the talents of these leaders to optimize Mount Prospect's opportunities to attract and retain successful businesses. (Ord. 6149, 8-5-2014)