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2094ATTEST: „&„,,a,z(L BRENDA R. WHEELER, CITY CLE (SEAL) ORDINANCE NO. 2094 COUNCIL MEMBER ABBOTT INTRODUCED THE FOLLOWING ORDINANCE: AN ORDINANCE TO AMEND SEC. 14 -208 OF THE BLAIR MUNICIPAL CODE BY ADDING LANGUAGE RELATING TO THE ADOPTED ECONOMIC DEVELOPMENT PROGRAM FOR THE CITY OF BLAIR APPROVED BY THE CITIZENS OF BLAIR, REPEALING ALL ORDINANCES OR PARTS OF ORDINANCES IN CONFLICT HEREWITH AND PROVIDING WHEN THIS ORDINANCE SHALL BE IN FULL FORCE AND EFFECT. BE IT ORDAINED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF BLAIR, NEBRASKA: SECTION 1: That pursuant to the vote of the electorate of the City of Blair, Nebraska at the election held on May 9, 2006, and pursuant to Sec. 18 -2701 et seq., known as the Local Option Economic Development Act the City of Blair Municipal Code Sec. 14 -208 shall be amended relating to the Economic Development Program. (See proposed code sections attached hereto as Exhibit A and fully incorporated herein by reference.) SECTION 2: That the new language under Sec. 14 -208 shall be added to the Blair Municipal Code to effectuate this intent. (See proposed code sections attached hereto as Exhibit A and fully incorporated herein by reference.) SECTION 3: That this Ordinance shall be in full force and effect ten (10) days from publication of this ordinance and if any provision of this ordinance or its application to any person or circumstances, shall be held invalid, the remainder of the ordinance, or the application of the provisions to other persons or circumstances, shall not be affected. Passed and approved this 14th day of November, 2006. CITY OF BLAIR, NEBRASKA / (JAM'S E. REALPH, MAYOR STATE OF NEBRASKA ) ) SS COUNTY OF WASHINGTON ) BRENDA R. WHEELER hereby certifies that she is the duly appointed, qualified and acting City Clerk of the City of Blair, Nebraska and that the above and foregoing Ordinance was passed at a regular meeting of the Mayor and City Council of said City held on the 14th day of November, 2006. B NDA R. WHEELER, CITY CLERK Sec. 14 -208. ECONOMIC DEVELOPMENT PROGRAM. ADMINISTRATION. The City of Blair shall contract with Gateway Development Corporation, a non -profit economic development organization, to administer this Economic Development Program. _ Gateway Development Corporation, in conjunction with the Mayor of Blair and the Blair City Council, will develop an Advisory Committee to administer the application process of the program. The committee shall consist of seven (7) residents from the City of Blair who shall be appointed by the Mayor of Blair subject to approval from the Blair City Council. At least one member of the committee shall have expertise in the field of business finance or accounting. The Mayor of Blair, with the approval of the Blair City Council, will designate an appropriate City Official to assist in the administration of the Economic Development Program and also serve on the Advisory Committee as an ex- officio member. The City Official will be responsible for providing assistance, information and advice on the Economic Development Program. Also serving on the Advisory Committee as an ex- officio member will be Gateway Development Corporation's Executive Director, who will serve as the Economic Development Program Administrator. It is the intent of the Economic Development Program that the majority of the funds are used to support eligible activities and that only a minimal amount is spent on administrative costs. The administration of this program will be shared by three separate entities. The entities are as follows. Program Administrator — Gateway Development Corporation's Executive Director 1. Will be responsible for the day -to -day operations of the program. 2. Will assist applicants and recruit potential applicants. 3. Will serve as an ex- officio, non - voting member of the Advisory Committee and will provide the Advisory Committee with all necessary advice and information. Advisory Committee 1. The Advisory Committee will be comprised of seven (7) residents from the City of Blair. The Mayor of Blair will appoint the committee members after receiving approval from the Blair City Council. Advisory Committee members may not be elected or appointed officials, employees of the City of Blair, an official or employee of any qualifying business receiving financial assistance under this Economic Development Program or an official or employee of any financial institution participating directly in the Economic Development Program. The committee will have at least one individual with expertise or experience in the field of business finance or accounting. The Advisory Committee will also have a Blair City Official and a representative from Gateway Development Corporation serving as ex- officio members. 2. The Advisory Committee will meet as needed to review and approve /disapprove applications using the standard criteria set forth previously in the application process. The Committee will also meet on a quarterly basis to review the progress of the Economic Development Program. The committee will present findings and suggestions to the Blair City Council on a semi- annual basis. 3. The Advisory Committee as indicated above will consist of seven (7) residents from the City of Blair. The initial terms for the appointed members will be determined by random drawing at the beginning of the committee's first meeting and will be three (3) members with three (3) year terms, two (2) members with two (2) year terms and two (2) members with one (1) year terms. Once the committee completes their initial term the subsequent term for each position shall be a three (3) year term. This will allow for a rotation of the committee to prevent the appointment of a completely inexperienced committee. Blair City Council 1. Will have final authority on expenditure of funds in support of the economic development program. 2. Will contract with Gateway Development Corporation to act as Program Administrator and will approve the membership of the Advisory Committee. 3. Will have ultimate responsibility for the Economic Development Program.