EDSR MEMORANDUM 01-08-1996 - Laserfiche WebLink

Home Browse Search

EDA Agenda Memo Page 3 January 8, 1996 appointment. That is, rather than a committee member serving • for an indefinite period, perhaps it is appropriate to establish a beginning and an end to committee members respective terms. If the Finance Committee is expanded to include a sixth member, it may be advisable to have the following appointment terms: Two Finance Committee members terms expire 12/31/96 Two Finance Committee members terms expire 12/31/97 Two Finance Committee members terms expire 12/31/98 As with all appointments, current committee members would be eligible to seek reappointment to their respective position. However, it also creates an opportunity to solicit new volunteers from the community. In addition, there is strong sentiment from the EDA to retain local lender representation on the Finance Committee. Mr. Foster will not attend the January EDA meeting. Rather, it is appropriate for the Commissioners to resolve the issues of expanding the Finance Committee membership and determining whether or not it is appropriate to establish terms of • appointment. Should these items be resolved, the EDA could likely schedule an interview with Mr. Foster at its February meeting. F) By-laws/Enabling Resolution - The annual meeting also provides an opportunity to review the EDA's by-laws and enabling resolution for suggested changes, if any. However, subject to proper notice,amendments to the by-laws may be made during the year as well. The enabling resolution may be modified throughout the year, too. However, this is a City Council initiative and requires a public hearing. 8. 1996 Work Program A draft of the 1996 EDA Work Program has been included in the agenda packet. The Work Program will be discussed in greater detail at the EDA's annual meeting. • eda/meetingsagmm