The objective of the commission shall be to encourage and facilitate economic growth throughout the Village. The commission shall function as advisor to the Village Board on the following economic development goals and objectives:
A. Develop a local economic development action plan.
B. Prepare appropriate economic developmental promotional materials.
C. Evaluate and select promotional opportunities for local business development efforts.
D. Target specific companies or industries for business attraction efforts.
E. Participate in the Business Visitation Program and evaluate findings of program progress.
F. Identify areas of joint interest for projects with the Mount Prospect Chamber and Mount Prospect Downtown Merchants Association.
G. Recommend and evaluate legislative action of the Village Board whose purpose would be the assurance of the health of the Mount Prospect business community. (Ord. 6149, 8-5-2014)