Fiscal Note
No appropriation is required.
Title
Amending Section 33.17(2) of the Madison General Ordinances to revise the composition of the Economic Development Committee.
Body
DRAFTER'S ANALYSIS: This ordinance makes a minor change in the members of the EDC, allowing one position to be filled by either a small business owner or small business expert.
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The Common Council of the City of Madison do hereby ordain as follows:
Subsection (2) entitled "Composition" of Section 33.17 entitled "Economic Development Committee" of the Madison General Ordinances is amended to read as follows:
"(2) Composition. The Committee shall consist of the following thirteen (13) members: the Mayor or the Mayor's designee, three (3) Alderpersons, and nine (9) citizens representative of community and business interests including one citizen member from higher education, one citizen member who is a small business owner or small business expert and one citizen member from the high technology or biotechnology industry. The Mayor shall appoint the members of the Committee subject to confirmation by the Common Council.
Terms of appointment of the citizen members shall be for three (3) years, however, initial appointment of three of the citizen members shall be for a term expiring on April 30, 1982. Initial appointment of the remaining citizen members shall be for a term expiring on April 30, 1983. Thereafter, each citizen member shall be appointed for a three-year term commencing May 1 and expiring April 30. The Alderpersons terms shall coincide with his or her term of office.
If the Mayor serves on the Committee, the Mayor shall act as chairperson. Otherwise, the chairperson will be elected by the Committee."