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Home My WebLink AboutEDAC - Economic Development Advisory Committee - Charge - Revised MAY 2013Selectmen's Office 1/ - Date: May 21, 2013 To: Donna Hooper, Town Cleric From: Diana Chabot, Assistant to the Executive Clerk RE: Economic Development Advisory Committee At its meeting on May 20, 2013, the Board of Selectmen voted to change the charge of the Economic Development Advisory Committee. Please find enclosed a copy of the final charge and a copy of the charge with changes marked. 1625 Massachusetts Avenue Lexington, MA 02420 781-862-0500x208 Fax 781-863-9468 e-mail selectmen@lexington.ma.us ECONOMIC DEVELOPMENT ADVISORY COMMITTEE Members: 11 Appointed by: Board of Selectmen Length of Term: 3 year tenn Appointments Made: September 30 Meeting Times: F, Description: The Economic Development Advisory Committee (EDAC) purpose is to promote balanced, long -teen economic development, which reflects and enhances the character of our community. Lexington's Economia Iirt Development Advisory Committee (EDAC) will: 1. Develop and recommend programs to the Board of Selectmen pertaining to economic development; be a proponent for the current and prospective businesses in Lexington; and, educate Lexington taxpayers about economic development issues; 2. Be notified of significant economic development proposals before the Town; 3. Promote streamlining of the Town's regulatory processes as they relate to commercial development; 4. When requested by the Board of Selectmen, provide a committee perspective and/or recommendation on specific commercial development proposals; 5. When requested by the Board of Selectmen, review economic development incentives for specific commercial development proposals; 6. Coordinate its work with other relevant boards and committees on economic development issues to enhance effectiveness and avoid redundancy; and, 7. Perform other related projects as may be requested by the Board of Selectmen or Town Manager. Any and all recommendations of the Committee, including funding recommendations, shall be made only to the Board of Selectmen unless the Selectmen direct otherwise The Board of Selectmen may choose whether to further these recommendations, including presenting the request to Town Meeting, based on the Board's determination of what is in the best interest of the community. Criteria for Membership: The Economic Development Advisory Committee shall be appointed by the Board of Selectmen for a term of three years and consist of eleven (11) voting members including: Individuals with professional expertise in commercial real estate financing, development, or real estate law; Owners of Lexington businesses or landlords; Residents who support the purpose and objectives of the EDAC, Economic Development Officer as a non-voting member. Liaisons: a. One non-voting liaison from the Board of Selectmen or designee. b. One non-voting liaison from the Planning Board or designee. c. One non-voting liaison from the Lexington Center Committee Prior to serving as a member of this Committee, appoitees are required to: 1. Acknowledge receipt of the Summary of the Conflict of Interest Statute. Further, to continue to serve on the Committee the member must acknowledge annually receipt of the summary of the Conflict of Interest Statute. Said summary will be provided by and acknowledged by the Town Clerk. 2. Provide evidence to the Town Clerk that the appointee has completed the on-line training requirement required by the Conflict of Interest Statute. Further, to continue to serve on the Committee, the member must acknowledge every two years completion of the on-line training requirement. Ref.: Charge adopted by Selectmen on June 9, 2008 and revised May 20, 2013. Selectmen designated as Special Municipal Employees on July 14, 2008. Selectmen voted to change membership from 7-11 to 9 voting members on October 17, 2011. Selectmen voted to change membership from 9 to 11 voting members on May 20, 2013. ECONOMIC DEVELOPMENT ADVISORY COMMITTEE Members: ( Deleted 9 Appointed by: Board of Selectmen -- - - - Length of Term: 3 year term Appointments Made: September 30 Meeting Times: Description: The Economic Development Advisory Committee (EDAC) purpose is to promote balanced, long-term economic development, which reflects and enhances the character of our community. Lexington's Economic Development Advisory Committee (EDAC) will: 1. Develop and recommend programs to the Board of Selectmen pertaining to economic development; be a proponent for the current and prospective businesses in Lexington; and, educate Lexington taxpayers about economic development issues; 2. Be notified of significant economic development proposals before the Town; 3. Promote streamlining of the Town's regulatory processes as they relate to commercial development; _ 4. When requested by the Board of Selectmen, provide a committee perspective and/or recommendation on r specific commercial development proposals; W 5. When requested by the Board of Selectmen, review economic development incentives for specific commercial development proposals; f 6. Coordinate its work with other relevant boards and committees on economic development issues to enhance effectiveness and avoid redundancy; and,. -..- 7. Perform other related projects as may be requested by the Board of Selectmen or Town Manager. 1\I1)_Illd all I[,'UI7lmCltdl111U(lS UI Ihr' (_•Um111InCC. InCltl(Illll 111111111}' 1'CCi1111I17Cnd:11.lUIl S, shell he Ill,adl'. OI11C IU d7t: 2. .. ,•_,,,i Lto:Ird ul `+,�I,�cunrn unl, wy I� h Scicclnlrn dircci olhrnv_Ix� I he l�onnl of 5.�n mrlcclm,�n chucr>hcther to further - - - - - -c lv 11if`,• Iuom., illi ludI]I 7reticntinv_thc le( u�ttil to l owil die, ling. hatred on the lloard',, deterniimtion of �' t I - "d V611i11 h III 111e hctil Inlctl'lt ,lf 1110 "oil l mon _A'. Criteria for Membership: The Economic Development Advisory Committee shall be appointed by the Board of Selectmen for a term of three years and consist of ,•Iepe14(I I ) voting members including: ( Deleted: nine Deleted: 9 L Individuals with professional expertise in commercial real estate financing, development, or real estate law; 2. Owners of Lexington businesses or landlords; 3. Residents who support the purpose and objectives of the EDAC, 4. Economic Development Officer as a non-voting member. 5. ,Liaisons: Deleted: Elected Official a. One non-voting liaison from the Board of Selectmen or designee. --- b. One non-voting liaison from the Planning Board or designee. Un_nun vnfins 1i.11un1 Isom 111c 1 r.xin;,loii Cen1rr Collimillce ( Formatted: Bullets and Numbering ' I'I for I„ w v ni ,ls a nlcllll of 11 thi,; Coom iltcc ;tppntc( arc required to: I. �A,1[1 ,\\ I �&� c 11 , cipl or dw tinl,t om*-N of du Ci,n11i,_t of Inicn_ t `,latuic. Purlhcr, to contiuur to tirr\ c (Formatted: Bullets and Numbering 1 oo Ili- c ouunillr, the n)rinlu l gtutil ac Lno��kd �r annn.11ly Icu Ipl ill th,. >unml;uv of the ('1u1:,i, I- - - - Intere.t `,Litl(tr ud su1111W)n still he_pon bird he and �Icl.11m\Iedsed by the kmn Cle1.1:. 3_ floes id, "v Idoocc to ihc_ l ovv n C'lel D 111:11 dw aIpliohrtec h:1v collipicled Ileo on-line trninine reguircmenl Ir(111il"d In th_ ( onNk( of lnterest tit.liule. f urtllcr. to conlinuc to sense on the C'.olnmittee. Ihc. - plc loin 1 n1u.q achnov, cd� r rt, rt_I" v _;lr, , omplctlnn i oil In1r-lnlinin}, rctluircmenl. Formatted: Font: 12 pt Formatted Normal Re£: Charge adopted by Selectmen on June 9, 2008, re\ isoI Selectmen designated as Special Municipal Employees on July 14, 2008. ( Deleted: . Selectmen voted to change membership from 7-11 to 9 voting members on October 17, 2011. j Formatted: Indent: First-line: 0.38" "clrcuurn vNcd it) chml",r nlcnlb"I"ship holo 9 tp I I volive mrmhcr, on Deleted: ¶ -