There is hereby established in the Township an Economic Development
Committee having the powers and duties hereinafter enumerated.
The members of the Economic Development Committee shall choose
annually from among their member a Chairman and such other officers
as they may deem necessary. The Mayor shall be an ex officio member
of the Committee.
The Economic Development Committee shall have the following
powers and duties:
A. To inquire into, survey and publicize the extent, advantages and
utility of vacant land within the township.
B. To classify such vacant land according to its adaptability for the
settlement thereon of various types of business, professional and
industrial enterprise.
C. To study and analyze various businesses, industries and professions
with a view to ascertaining the opportunities for expansion of such
business, industries and professions within the township.
D. To recommend to the Township Committee advertising the economic advantages
and opportunities and availability of real estate in the township,
and to encourage and accomplish business, industrial and professional
settlement within the township.
The Township Committee may annually appropriate funds for the
use of the Economic Development Committee, and such funds may be expended
on the authority and approval of the Committee, upon submission of
proper vouchers.