A. Membership: The Revolving Loan Fund Committee (the "committee") is comprised of voting and nonvoting members. A quorum of the committee exists when a majority of the committee's voting members are present. The membership of the committee is as follows:
1. Voting Members:
a. Four (4) representatives from the Office of Community and Economic Development;
b. Representative from the Mayor's Office;
c. Representative from the Redevelopment Agency;
d. Representative from the City Treasurer's Office;
e. Representative from the City's Finance Division;
f. Two (2) volunteer bankers (non-City employee).
2. Additional Voting Members: In addition to the above named voting members, the Mayor shall have the discretion to appoint up to three (3) more voting members to the committee. These additional voting members shall have the same responsibilities, rights and privileges as the other voting members of the committee.
3. Nonvoting Members: Nonvoting members may contribute to committee discussions, but they shall have no voting power and may not cast a vote in connection with any matter that comes before the committee for decision. The following are nonvoting members of the committee:
a. Economic Development Manager;
b. Senior City Attorney;
c. Small Business Manager.
B. Appointment And Removal: All appointments to the committee shall be made by the Mayor. All appointees to the committee shall serve for an indefinite period of time and may be removed by the Mayor, with or without cause, at any time. (2019 Compilation)