(a) The City Commission does hereby create an Economic Development Incentive Committee of the City. The Economic Development Incentive Committee shall consist of five (5) members; the Director of Community Development or designee, the Law Director or designee, and three (3) citizens with experience in business and/or finance, each of whom shall serve without compensation and shall be appointed by the City Manager and confirmed by the City Commission, for a term of three (3) years. The terms of the citizen members shall be so arranged that the term of one member will expire each year.
(b) The City Manager shall designate an employee of the Department of Community Development who shall act as the Loan Administrator in an advisory capacity.
(Ord. 17-041. Passed 2-27-17.)