[HISTORY: Adopted by the City Council of the City of East Orange 4-22-1974 by Ord. No. 25-1974. Amendments noted where applicable.]
There is hereby established in the City a Business Development Authority.
It is hereby declared that the future development of business and industry within the City of East Orange is a matter of concern affecting the public safety, health and welfare of the City and its inhabitants and that it shall be the purpose of the Business Development Authority, in cooperation with other city, county, state and federal agencies, as well as organizations and individuals of the City, to seek to encourage the development of business and industry in the City through the providing of information service to prospective businesses, the active seeking of new business and industry to locate in the City and the development of proposals for legislation in this area to be submitted to City Council.
The Business Development Authority shall consist of nine members, five to be appointed by the Mayor without approval of City Council and four to be appointed by City Council on motion not requiring approval of the Mayor. The term of office for all members shall be three years, except that the initial appointments shall be staggered so that three members shall be appointed as of the first day of January of each year, beginning January 1, 1974. The initial appointments shall be as follows: two Mayor's appointments and one Council appointment for a term ending December 31, 1974; two Mayor's appointments and one Council appointment for a term ending December 31, 1975; and two Council appointments and one Mayor's appointment for a term ending December 31, 1976. In addition, there shall be a liaison member appointed annually by the City Council, which liaison member shall serve without vote. In case of death, resignation or inability to serve, a successor shall be appointed in the same manner as the appointment of the original members to fill the unexpired term of such member. Each member shall serve until his successor is duly appointed and qualified. Membership on this Authority shall not be limited to residents of the City of East Orange, but all members must either be residents of the City of East Orange or be directly involved in the business community within the City of East Orange.
The Business Development Authority shall, as soon as possible after the first day of each year, select a Chairman and such other officers as it may deem necessary and shall adopt bylaws to govern its procedural operation. It shall have the power and authority to hire, supervise and discharge such persons as may be authorized in its budget as approved by the City Council and expend other money consistent with such budget appropriations.
The Business Development Authority shall have the following powers and duties:
To foster participation in and encourage efforts to bring business and industrial establishments to the City.
To cooperate with the various departments, boards, commissions and agencies of the City and assist them in achieving the goals and purposes of this chapter.
To report from time to time and not less than once a year to the Mayor and City Council on policies, procedures and programs which will exist to foster the growth of business and industry in the City and also to recommend proposed legislation which might exist in the foregoing.