Chapter 2.64
SEAFOOD PROCESSING ECONOMIC DEVELOPMENT COMMITTEE

Sections:

2.64.010    Established—Membership—Terms.

2.64.020    Compensation.

2.64.030    Filling vacancies.

2.64.040    Organization.

2.64.050    Duties.

2.64.010 Established—Membership—Terms.

There shall be established a committee to be known as the seafood processing economic development committee which shall consist of five members, with three of the members being the members of the Sitka investment committee. The other two members shall be appointed by the assembly for terms of three years, with one member who is a current or former professional of a financial institution, and the other member who is a current or former worker or manager involved in the seafood industry. The city and borough finance director shall be an ex officio member of this committee.

(Ord. 06-42 § 4 (part), 2006.)

2.64.020 Compensation.

Members of the seafood processing economic development committee shall not receive compensation for services performed as committee members.

(Ord. 06-42 § 4 (part), 2006.)

2.64.030 Filling vacancies.

In the event of a vacancy on the committee caused by death, resignation, inability to serve, or any other reason, before the expiration of the term of any member, the assembly shall appoint a person to fill such vacancy for the unexpired term. At the time of vacancy the assembly shall give public notice of no less than three days that there is a vacancy on the committee and that interested persons may inform the assembly of their willingness to serve. The assembly is not, however, limited to those applying when appointing members. The seafood processing economic development committee shall have the power to suggest people to fill the vacancy and shall have the right to make recommendations for and against a person nominated to the position.

(Ord. 06-42 § 4 (part), 2006.)

2.64.040 Organization.

The committee shall organize itself by electing a chair and secretary and shall schedule meetings as required, but in no event shall meetings be held less than every six months. Minutes of all meetings shall be furnished to the office of the clerk.

(Ord. 06-42 § 4 (part), 2006.)

2.64.050 Duties.

The seafood processing economic development committee shall:

A.    Recommend appropriate criteria for awarding funds to seafood processing operations that shall be subject to assembly approval, in addition to the following requirements:

1.    Seafood processors and directly related industries are eligible to apply for grants, including operations that process seafood, seafood by-products and seafood waste;

2.    Grants up to three hundred fifty thousand dollars may be available to seafood processors and directly related industries;

3.    All grantees shall be required to demonstrate that the funds should result in either of the following in order to be eligible for grant funds:

a.    Increase in raw fish taxes paid to the city and borough of Sitka based on the funding of the grant application; or

b.    Increase in seafood processing production within the city and borough of Sitka; and

4.    Grant funds can only be used as a fifty-fifty match for the grantee’s proposal, allowing use of federal and state funds for the match;

B.    Make recommendations to update the criteria for awarding and monitoring funds;

C.    Monitor current economic development fund awards to determine if they meet the criteria set out in this section and any criteria proposed by the committee and approved by the assembly; and

D.    Review and recommend actions to be taken on grant applications.

(Ord. 06-42 § 4 (part), 2006.)