Chapter 4.40
ECONOMIC DEVELOPMENT COMMISSION

Sections:

4.40.010    Established.

4.40.020    Responsibilities.

4.40.030    Membership.

4.40.040    Terms.

4.40.050    Meetings.

4.40.060    Staffing.

4.40.010 Established.

There is established a borough economic development commission. The purpose of the commission is to actively promote, foster and coordinate public and private initiatives that create capital, diversify the economy, and utilize economic capacity in ways that improve the borough community’s standard of living, quality of life, and the sustainability of the borough’s diverse urban and rural life styles. (Ord. 2004-10 § 2, 2004. 2004 Code § 2.75.010.)

4.40.020 Responsibilities.

The commission shall:

A. Serve as an Alaska regional development organization as defined by AS 44.33; serve as any other state and/or federally recognized development organization that may be approved by the assembly; and comply with all state and federal laws applying to any such organizations;

B. Maintain an economic information and research capability useful to both public and private sectors in dealing with local and regional economic issues and opportunities by working through the borough administration with the department of community planning, the University of Alaska Fairbanks, and other public and private entities;

C. Seek appropriate funding sources for economic development activities and the development of any infrastructure necessary to support such activities;

D. Coordinate public and private resources to support economic growth and development and actively encourage public input and participation in specific development projects as they are proposed;

E. Act as a resource and catalyst for the exchange of local economic information between and amongst local businesses and municipal, state, and federal governments;

F. Serve as a referral source to any business or industrial interest that inquires about establishing or relocating a business or industry in the borough;

G. Review, analyze, and report to the assembly on local economic development and taxation and engage in any additional economic development activity that is consistent with FNSBC 4.40.010. (Ord. 2017-50 § 4, 2017; Ord. 2004-10 § 2, 2004. 2004 Code § 2.75.020.)

4.40.030 Membership.

The commission shall consist of nine voting members who represent economic, political, and social interests in the borough. To the extent reasonably practicable, members should include representatives of the principal economic interests in the borough, including business, the service industry, transportation, utilities, and labor; and representatives of the professions and educational institutions within the borough. The membership of the commission shall be established as follows:

A. Six members shall be nominated by the mayor and confirmed by majority vote of the assembly. Upon confirmation by the assembly, these members shall serve at the pleasure of the mayor and may be removed by the mayor without cause.

B. Two members shall be appointed by the presiding officer of the assembly. These members shall serve at the pleasure of the presiding officer and may be removed by the presiding officer without cause.

C. The mayor shall serve as a member of the commission and as the commission’s chair.

D. Notwithstanding FNSBC 4.04.040, up to two members, who represent economic, political or social interests within the borough, may be appointed to the commission even though they are not qualified voters of the borough. (Ord. 2004-49 § 2, 2004; Ord. 2004-10 § 2, 2004. 2004 Code § 2.75.030.)

4.40.040 Terms.

Subject to FNSBC 4.40.030, the members of the commission shall have the following terms:

A. The terms of the six members nominated by the mayor and confirmed by the assembly shall begin the first day of January and shall continue for three years, except that the balance of these terms shall be staggered so that two of these terms expire at the end of each year.

B. The terms of the two members appointed by the presiding officer of the assembly shall begin the first day of November and shall continue for one year.

C. The mayor shall be a member of the commission and the commission’s chair throughout the mayor’s term of office as provided under FNSBC 2.04.030. (Ord. 2015-16 § 3, 2015; Ord. 2004-10 § 2, 2004. 2004 Code § 2.75.040.)

4.40.050 Meetings.

The commission shall meet monthly or at the call of the chair. When reasonably possible, such meetings shall be held on the same day of the week at the same time and at the same location. The commission shall meet semi-annually to assess commission objectives and performance and report its findings to the mayor and the assembly. (Ord. 2004-10 § 2, 2004. 2004 Code § 2.75.060.)

4.40.060 Staffing.

The borough shall provide staff support to the commission at a level and within an administrative structure determined in the annual budget ordinance. (Ord. 2004-10 § 2, 2004. 2004 Code § 2.75.070.)