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El Cerrito Municipal Code Section 2.04.290 Economic Development Board. A. There shall be an economic development board consisting of seven members who shall be either residents of the city or own or operate businesses in the city. Persons appointed because of the ownership or operation of businesses in the city do not have to be city residents. The economic development board shall have the powers and duties stated below, and such others as the council shall decide: 1. To advise the council on economic development matters, including budget, staffing levels, policies, selection criteria, project financial feasibility and suitability and investment of resources into proposed projects; 2. To make recommendations on the annual economic development work plan, including its priorities and evaluation measures; 3. To oversee the work of subcommittees established to concentrate on creating plans for high-priority areas; 4. To provide input to other city boards and commissions on economic development matters; 5. To review progress toward achieving the annual work plan goals and long range economic development goals; 6. To encourage community involvement in economic development; and 7. With the advice and consent of the city council, to form a resource council of business and community members who are available to provide assistance on an ad hoc basis. B. It is essential that this economic development board contain persons who are business owners and operators in the city based both on the expertise of such persons on economic development matters and because such persons will best represent the interests of other business owners and operators in the city. As a result, the economic development board shall contain at least two members who are business owners and operators, one of whom shall be the president of the El Cerrito Chamber of Commerce or his or her designee, in order that business interests are adequately represented on the board. The president of the Chamber of Commerce or his or her designee shall remain a member of the board during his or her tenure as chamber president and upon the installation of a new president, that person or his or her designee shall succeed to membership on the board. Pursuant to Section 18707.4 of the ---PAGE BREAK--- Rules and Regulations promulgated by the Fair Political Practices Commission, as amended, the ownership or operation of business interests by members of the economic development commission shall not be deemed a disqualifying material financial interest for conflict of interest purposes. C. Terms for Initial Members. In order to achieve the requirements of Section 2.04.220B3 of the municipal code, that membership be divided into four approximately equal groups, appointed in consecutive years, the council shall appoint some of the new members of the economic development board to less than four-year terms in order to provide for a staggered system of appointments for future board members. D. The board shall hold regular business meetings no less than quarterly, with the minimum attendance of such being no less than three in one calendar year. Additional "on-call" special meetings may be called that are project specific, and can be called by the staff liaison in conjunction with the chair, with the attendance requirement for these "on-call" meetings being that no member shall miss more than three of these meetings in a calendar year. (Ord. 2007-12 § 3, 2007: Ord. 2000-1 Div. I and II, 2000.)