In order to advertise the advantages of Borough of Swedesboro,
to analyze the economic potential and development of Borough of Swedesboro
and to mobilize and assist in the development of potential resource
and economic conditions of the Borough, there is hereby created and
established by this article a committee to be known as the "Business
Development Advisory Committee of the Borough of Swedesboro."
Members of the Committee shall annually choose from among its
voting members a Chairman and such other officers as it may deem necessary.
A majority of the voting members shall constitute a quorum.
The members and officers of the Committee shall serve without
compensation except for legitimate costs approved by the Borough Council
upon proper submission and review.
Each member and officer of the Committee shall, before assuming
office, take and subscribe an oath that he/she will faithfully and
impartially discharge the duties of his/her office.
The Business Development Advisory Committee shall be strictly
an advisory committee. It shall perform the functions and exercise
the powers hereinafter enumerated:
A. It will develop ways and means of attracting industry and commerce
into Borough of Swedesboro within budgetary limitations.
B. It will make recommendations to attract this industry and commerce
and forward the same to the Mayor and Borough Council for consideration.
C. It will assist in coordinating programs and projects aimed at the
retention of existing businesses, as well as the attracting of new
or expanded business opportunities within the Borough of Swedesboro.
D. It will submit written reports to the Mayor and Borough Council outlining
its recommendations and advice on business developments within the
Borough of Swedesboro.
The Committee shall not have any powers other than those set
forth, and specifically shall have no power to pledge the credit of
the municipality or to enter into contracts or authorize to create
debts except as authorized. It shall operate within the appropriation
made by the Borough Council in its annual budget. The Committee shall
make an annual report to the municipality during December of each
year, setting forth, in detail, its operations and recommendations
covering the preceding 12 months.