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Qualifications for the Economic Improvement Corporation:
Resident of the City and at least three directors must be persons who are not employees, officers or members of the governing body of the City.
Benefitting and accomplishing public purposes of the City permitted by Section 4B of the Act, including, but not limited to, the promotion and development of industrial and manufacturing enterprises to promote and encourage employment and the public welfare, and financing the acquisition, construction and/or equipping, and/or the maintenance and operating costs of any “Project” (as defined in Section 4B of the Act)
Term of Office: Two years, maximum of two consecutive terms
Quorum: Three (may include an alternate member but only where substitution for and acting as a regular member)
Number of Members: Seven
Meeting Time & Place: Every third Monday, 4:00 p.m., City Council Chambers
Established by: Resolution No. 1995-112, amended by Resolution Nos. 1999-184; 032-2009
Council Interview Team: Mayor and Place Three
A public notice will be announced to accept applications no less than 30 days prior to the date of regular board appointments, and no less than 14 days in the case of a vacancy.
NOTE: Once this form is submitted, this will become a public document that may be disclosed per the Texas Public Information Act.
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