(a)
The Wilmer Economic Development Corporation is a Type A economic
development corporation, and had its initial bylaws approved on July
17, 2008 and amended on July 16, 2015 by Resolution 2015-0716A, and
currently operates under such amended bylaws as approved by city council.
(b)
The corporation shall consist of five (5) directors. The board
of directors shall appoint, at a minimum, a president and a vice-president,
and such other officers are administrative through the administrative
services agreement approved by Resolution 2015-0716C.
(c)
The board of directors shall have no limitations on the number
of years served.
(d)
The committee is established pursuant to Texas Local Government
Code, section 504.051, to promote economic development in the city
and the area, and to perform all duties as authorized by chapter 504
of the Texas Local Government Code for Type A corporations.
(Ordinance 2023-0504A adopted 5/4/2023)