(A) There is hereby created the Department of Redevelopment of the town, which shall be entitled to exercise all the rights, powers, privileges and immunities accorded to such department by the Act, being I.C. 36-7-14 and 36-7-14.5.
(B) Such Department of Redevelopment of the town shall be under the control of the Board of five members to be known as the “North Manchester Redevelopment Commission”.
(C) (1) There is hereby created a Board to be known as the “North Manchester Redevelopment Commission”. Three of said Commissioners shall be appointed by the President of the Town Council and two members of said Commission shall be appointed by the Town Council. Each Redevelopment Commissioner shall serve for one year from the first day of January after his or her appointment and until his or her successor is appointed and has qualified; except that, the original Commissioners shall serve from the date of their appointment until the first day of January in the second year after their appointment. If a vacancy occurs, a successor shall be appointed in the same manner as the original Commissioner and the successor shall serve for the remainder of the vacated term.
(2) Each Redevelopment Commissioner, before beginning his or her duties, shall take and subscribe an oath of office, to be endorsed on the certificate of his or her appointment, which shall be promptly filed with the Clerk-Treasurer of the town.
(3) Each Redevelopment Commissioner, before beginning his or her duties, shall execute a bond payable to the state, with surety to be approved by the President of the Town Council. The bond must be conditioned on the faithful performance of the duties of his or her office and the accounting for all moneys and property that may come into his or her hands or under his or her control. The cost of the bond shall be paid by the Redevelopment District.
(4) There shall be appointed, by the President of the Town Council, a non-voting advisor appointed to the Redevelopment Commission from the Manchester Community School Board. The advisor is not considered a member of the Commission, but is entitled to attend and participate in the proceedings of all meetings of the Redevelopment Commission. The advisor serves at the pleasure of the entity that appointed the advisor. The advisor shall serve a term that is the same as the Redevelopment Commissioners.
(D) Such Commissioners shall have the qualifications prescribed by the laws of the state as from time to time amended and shall qualify as therein provided; and shall exercise and enjoy the rights and powers and assume the duties and obligations conferred and imposed by said Act, including, but not limited to, the following qualifications.
(1) A Redevelopment Commissioner must be at least 18 years of age and must be a resident of the town. If a Commissioner ceases to be qualified under this section, he or she forfeits his or her office.
(2) No Redevelopment Commissioner of the town shall receive a salary, but such Redevelopment Commissioners are entitled to reimbursement for expenses necessarily incurred in the performance of their duties.
(3) A Redevelopment Commissioner may not have a pecuniary interest in any contract, employment, purchase or sale made under the provisions of this section and the Act, being I.C. 36-7-14 and 36-7-14.5. However, any property required for redevelopment purposes in which a Commissioner has a pecuniary interest may be acquired, but only by gift or condemnation. A transaction made in violation of this section of this section is void.
(4) The President of the Town Council or the Town Council that appointed a Commissioner may summarily remove that Commissioner from office at any time.
(E) The Redevelopment Commission shall hold a meeting for the purpose of organization not later than 30 days after the Commissioners are appointed and, after that, each year on the first day in January that is not a Saturday, Sunday or legal holiday. The Commissioners shall choose one of their members as President, another as Vice President and another as Secretary. These officers shall perform the duties usually pertaining to their offices and shall serve from the date of their election until their successors are elected and qualified. In addition to the annual meeting, the Commissioners may, by resolution or in accordance with their rules and by-laws, prescribe the date and manner of notice of other regular or special meetings.
(F) The Redevelopment Commissioners may adopt the rules and by-laws they consider necessary for the proper conduct of their proceedings and carrying out their duties. Three of the Commissioners constitute a quorum and the concurrence of three Commissioners is necessary to authorize any action.
(Prior Code, Title I, Ch. I, Art. XVIII) (Ord. 8, passed 10-1-2008)