ITEM TITLE:
#24-09 - Amending Chapter 2.60 of the Valdez Municipal Code Titled Economic Diversification Commission. Second Reading. Adoption.
SUBMITTED BY: Sheri Pierce, City Clerk, MMC and Jake Staser, City Attorney
FISCAL NOTES:
Expenditure Required: n/a
Unencumbered Balance: n/a
Funding Source: n/a
RECOMMENDATION:
Approve Ordinance 24-09 in second reading for adoption.
SUMMARY STATEMENT:
This ordinance amends Chapter 2.60 of the Valdez Municipal Code relating to the Economic Diversification Commission by doing the following:
• Reduces the number of members on the EDC from 7 to 5.
• Changes the term for EDC members from 2-years to 3-years.
• Removes language related to specific economic sectors.