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23 <br /> <br />A RESOLUTION CREATING AN ADVISORY COMMITTEE PERTAINING TO THE <br />OVERALL ECONOMIC DEVELOPMENT PROGRAM TO BE PREPARED JOINTLY BY <br />THE CITIES OF PORTSMOUTH AND NORFOLK; SPECIFYING THE DUTIES, <br />RESPONSIBILITIES, OBLIGATIONS AND AUTHORITY OF SUCH ADVISORY <br />COMMITTEE; DEFINING THE METHOD OF APPOINTMENT OF THE MEMBERS <br />OF SAID COMMITTEE REPRESENTING THE CITY OF PORTSMOUTH; AND <br />PROVIDING FOR THE INITIAL APPOINTMENT OF A CO-CHAIRPERSON <br />REPRESENTING THE CITY OF PORTSMOUTH. <br /> <br /> ~[HEREAS, the cities of Portsmouth and Norfolk have <br />authorized the submission of an update of the overall economic <br />development program to the Economic Development Administration <br />of the United States Department of Commerce; and <br /> <br /> WHEREAS, it is necessary to establish an Advisory <br />Committee in connection with the overall economic development <br />program to be prepared by the cities of Portsmouth and <br />Norfolk. <br /> <br /> NOW, THEREFORE, BE IT RESOLVED by the Council of the City <br />of Portsmouth, Virginia: <br /> <br /> 1. That there is hereby established a committee to be <br />known as the Overall Economic Development Program Committee to <br />serve in an advisory capacity to the City Managers of the <br />City of Portsmouth and the City of Norfolk in connection with <br />the overall economic development program which is to be <br />prepared for submission to the Economic Development <br />Administration of the United States Department of Commerce. <br /> <br /> 2. That the City of Portsmouth shall be entitled to five <br />representatives on the Overall Economic Development Program <br />Committee. Such members shall be appointed by the Portsmouth <br />City Council for a term of three years. Such members shall be <br />residents of the City of Portsmouth. Of the five members so <br />appointed, City Council shall designate one member to serve as <br />Co-Chairperson. <br /> <br /> 3. That the Overall Economic Development Program <br />Committee shall review and consider all plans for economic <br />development within the special impact area as defined in the <br />joint Norfolk-Portsmouth application to the Economic <br />Development Administration. The Advisory Committee shall be <br />responsible to submit its advice and recommendations on such <br />planned economic development to the City Managers of <br />Portsmouth and Norfolk. <br /> <br /> 4. That this resolution shall take effect from and after <br />the date of its adoption, provided, however, that the <br />implementation of this ordinance and the exercise of powers <br /> <br /> <br />