(A) The Town Council finds it is now or potentially may become necessary to finance economic development or pollution control facilities under IC 36-7-12-1 et seq. Therefore, there is established a Department of Economic Development of the town. The Department is under control of the Sheridan Economic Development Commission established by division (B) below.
(B) There hereby is established the Sheridan Economic Development Commission to control the operation of the Department of Economic Development in effecting the purposes of IC 36-7-12-1 et seq.
(1) The Commission shall investigate, study and survey the need for additional job opportunities, industrial diversification and pollution control facilities in the town and shall recommend action to improve or promote job opportunities, industrial diversification and availability of pollution control facilities in the town.
(2) The Commission may adopt the rules, regulations and bylaws that it considers necessary.
('85 Code, § 9-1-2) (Ord. 1982-2, passed 7-14-82)