Conference/Public Meeting Agendas/Documents — Packet

DRAFT PROPOSED REVISIONS – OCTOBER 2011 10. At the regular Board meeting one (1) month prior to the expiration of terms, the Board's Nominating Committee shall submit a slate of candidates for election to the Board, to which may be supplemented by nominations from other members. The Secretary of the Board will attest to the eligibility of each candidate. 11. The Board of Trustees will hold regular monthly meetings and conduct an Annual Meeting. The meeting schedule will be prominently posted in Town Hall and announced in the newspaper of record. Meeting minutes, financial statements and other pertinent documents will be available for inspection during normal business hours at the Board's offices. 12. The Board of Trustees shall implement the purpose of this ordinance. Among its powers and obligations necessary to fully implement these purposes are: (a) Apply for, accept, administer and comply with the requirements respecting an appropriation of funds for a gift, grant or donation of property or money; (b) Make and execute agreements which may be necessary or convenient to exercise the powers and functions of the corporation, including contract with any person, firm, corporation, governmental agency or other entity; (c) Administer and manage its own funds and accounts and pay its own obligations. (d) Administer exterior, physical improvements to properties within the District with funds provided by Federal, State or local grant and/or loan programs. The Manage- ment Corporation can supplement these funds for these purposes. Any improvements to properties shall be funded through the special assessment only if appropriate grant and loan programs are not available to the Management Corporation. (e) Fund the rehabilitation of properties in the District, subject to the provisions enumerated in this ordinance; (f) Accept, purchase, rehabilitate, sell, lease or manage property in the District with the approval of the Township Council of West Orange; (g) Enforce the conditions of any loan, grant, sale or lease made by the corporation with the approval of the Township Council of West Orange; (h) Enforce bidding requirements consistent with State of New Jersey law; (i)

ant, sale or lease made by the corporation with the approval of the Township Council of West Orange; (h) Enforce bidding requirements consistent with State of New Jersey law; (i) Provide security, sanitation and other services to the District, supplemental to those provided normally by the Township of West Orange with the approval of the Township Council of West Orange; (j) Undertake improvements designated to increase the safety or attractiveness of the District to businesses which may wish to locate there or to visitors to the District including, but not limited to litter cleanup and control, landscaping, parking areas and facilities, recreational and rest areas and facilities, pursuant to pertinent regulations of the Township of West Orange; (k) Publicize the District and the businesses located within the District boundaries; (1) Recruit new businesses to fill vacancies in, and to balance the business mix in the District; (m) Organize special events in the District pursuant to pertinent regulations of the Township Council; (n) Provide special parking arrangements for the District subject to prior Township Council approval; 197