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� <br /> TABLE OF CONTENTS <br /> Preface.....___----._~,,,~~.__________,_~,,,,,,~,~,.,,,~,~,~.,.,,.~,,,,~,~,,,,~,~.^,,,,,.^.,.~.~~~^~^ i <br /> Acknowledgements <br /> ~~'..-----'----~~~'~'~'~'~'^-`------.-_-.,..~........_--_—..................zi <br /> lidrVduction to Local Economic Development Organizations........................................................I <br /> Business Organizations ,~~.,,,,,,,~~,~~,~.,,,,.~,^^^.,,,,,,,~,~,~.~,,.~^,,,,,.~~,,,,~.~~,,,~,_,.,,~.~~,.,,1 <br /> DevelopmentCorporations.......................................................................................................I <br /> Government Organizations..-.----_—'^~~~'^^~~~^~~^^----------~^^~'~'^^^`~^~--------..2 <br /> Formation and Operation of Economic Development Authorities ..............................4 <br /> Reasons for Forming auEDA.............................................. ...................................................4 <br /> Procedures for Establishing amEDA........................................................................................¢ <br /> Board of Commissioners.--~.~~~,.~.,^,,^,^^______._~,,,.^.~~,~,~,._,___.__~.,,.,,~.,^..,,7 <br /> Duties and Organizational Issues........................................................... ..................9 <br /> PowersmfE]As ...-----.............~....-----_._,....,..............----_---............~...~..I6 <br /> General Powers and Purposes _-_---..,..............-.--------........~.....~'.._-_-__---l6 <br /> SpecificPowers......................................................................................................................]7 <br /> Financingand Bonding Powers..............................................................................................23 <br /> Limitation of Powers -_.,....................---___.....~.~~~.~.~.._,----__.~....,..^......^...25 <br /> __--__.y.~.~.~~.~._~^..,..^.^^....~.....^~.......~.....~..~.~.~~~.~~~...,...~..~.^............^..^......^.~..^-.~^' <br /> Tables.............................................................................................................................................30 <br /> Sample Bylaws <br /> and .~.,.,,~~,~,~.~~.,,,~~,~.,.,,~.^~....~.~..,.~,~~,,.~,,,,,...34 <br /> Sample <br /> Job Description .....-----'--_—__________________~~,,,~,,~.~_____._____48 <br /> Sample Revolving <br /> Loan Fund ..............~~,,,..,,.,~,,~~,,.~,,~,......,.,~.~,,,,~~..,,,.,.~.,.~~5{ <br /> �� <br />