Each application shall be reviewed by the Economic Development Commission and the Commission shall forward its recommendations to approve or deny the application in writing to the Town Council within 30 days of receipt of the application. The town shall in the next ensuing 30 days decide upon the designation by rejecting the request and recording such action in the minutes of a regular or special meeting, or by passing a resolution designating the area an Economic Revitalization Area eligible for tax abatement under the terms of this subchapter and the state enabling statute.
(Ord. 1984-6, passed 8-27-84)