1.3.4 Advise Council of the fiscal impacts of franchise agreements and major contracts or in the instance of revisions to these agreements. 1.3.5 Review and make recommendations regarding City support or opposition to proposed State or federal legislation which impacts the City's finances. 1.3.6 Review proposals and make recommendations regarding service delivery alternatives. 1.3.7 Perform such other duties or studies as may be directed by the City Council. It is not the purpose of the Finance Commission to advise on regular or routine financial administration, nor to become involved in (other than the financial impact) the projects/programs it is asked to review. 1.4 Individual Member Duties: It shall be the duty of each Commission Member to take an active part in the Commission’s deliberations and to act in whatever capacity the Commission Member may be called. Absence from three consecutive meetings without the formal consent of the Commission shall be deemed to constitute the retirement of the Commission Member, and the position shall automatically be vacant and therefore subject to the vacancy procedures as set forth in Section 2.1.4 below. 2. MEMBERS, OFFICERS AND STAFF 2.1 Commission Members: 2.1.1 Appointment: The Commission shall be comprised of seven members, all of which shall reside in the City. Commission members shall be appointed as follows: each member of the City Council shall appoint one member to the Finance Commission, who shall serve at the pleasure of the member of the City Council who appointed such commissioner. 2.1.2 Staff Liaison: The City Manager or his/her designee shall appoint a staff member as liaison to the Commission. 2.1.3 Term and Removal: Each Commission member appointed by an
individual City Council member serves at the will of such City Council member for a term expiring upon the expiration of such City Council member’s term; provided, however, that a Commission member’s term shall terminate on the date either that the Commission member resigns from office or that the appointing City Council member replaces the Commission member prior to the expiration of the Commission member’s term.
2671/048170-0307 21229934.3 a12/12/24
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