Title
Consider Industrial Development Board's Recommendations for terms of office, adjusting the terms and new board members
Summary
DESCRIPTION OF TOPIC: (who, what, when, where, why, and how much)
The Industrial Development Board met on May 15th and recommend the following changes:
1) Change their terms of office to end at the end of the City's fiscal year;
2) Change their terms to coincide with the fiscal year; and
3) Recommend appointing two new Board Members. The vacancies are left from Mr. Lee and Mr. Davis resigning from the board.
The Board must have five members that are qualified electors and taxpayers living within the City's corporate limits.
4) Consider appointing an additional member to the Board (Tom Boggs)
They also request funds to hold a reception in Mr. Lee's honor for the many hours and service he has volunteered for City services. See attached memo.
SOURCE OF FUNDING:
Please provide the amount requested: $500
Is this a budgeted item? No
Body
WHEREAS, in accordance with the Code of Alabama, 1975, Section 11-54-86 Board of Directors, an industrial development board shall consist of any number of directors, not less than seven, five of whom shall be duly qualified electors and/or taxpayers in the municipality, and
WHEREAS, two board members have resigned (Chair J. M. Lee and Mr. Jerry Davis) and their positions must be filled, and
WHEREAS, the IDB members would like to rotate officers every two years in order to give other members the opportunity to service as an officer, and in order to do this they are requesting their terms of office be adjusted to reflect staggered terms expiring on September 30th to coincide with the two year terms of office, and
WHEREAS, the State of Alabama Ethics Commission says that public officials/board members fall under the State Ethics Law, and therefore should have the opportunity to educate themselves regarding this law, and
WHEREAS, the Alabama Ethics Commission has recently develo...
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