(A) The Town Council now deems it to be in the best interest of the town and its citizens to afford a maximum opportunity for rehabilitation, redevelopment or economic development of areas by private enterprise and the town by establishing a Department of Redevelopment.
(B) The Town Council hereby establishes the Department of Redevelopment. The department will be controlled by a board of 5 members known as the New Palestine Redevelopment Commission.
(C) Pursuant to the act all of the territory within the corporate boundaries of the town, will be a taxing district to be known as the Redevelopment District of New Palestine for the purpose of levying and collecting special benefit taxes for redevelopment purposes as provided in the act. The Town Council finds and determines that all of the taxable property within this special taxing district will be considered to be benefitted by the redevelopment projects and economic development projects carried out under the act to the extent of the special taxes levied under the act.
(D) The President of the Town Council shall appoint 3 voting members and the Town Council shall appoint 2 voting members to the New Palestine Redevelopment Commission.
(E) Redevelopment Commission members shall serve a term of 1 year and shall serve until their successor is appointed and qualified.
(F) The President of the Town Council shall also appoint a nonvoting adviser to the Redevelopment Commission. The adviser:
(1) Must be a member of the Community School Corporation of Southern Hancock County or an individual recommended by the school board;
(2) Is not considered a member of the redevelopment commission but is entitled to attend and participate in the proceedings of all meetings of the Redevelopment Commission;
(3) Is not entitled to a salary, per diem, or reimbursement of expenses;
(4) Serves for a term of 2 years and until a successor is appointed; and
(5) Serves at the pleasure of the President of the Town Council.
(Ord. 92194B, passed 9-21-1994; Am. Ord. 080223, passed 8-2-2023)