Name: Business Development Board
Title: Created pursuant to Bylaws of the Business Development Board of Martin County, Inc. Amended June 2017
Category Independent Groups with BCC Appointed Members
Meetings:
Business Development Board meetings are held monthly on the second Wednesday of each month at 9:00 AM at the Airport Maintenance Conference Room, 1895 Flying Fortress Way, Stuart.

Contact Information

Type	Name	Phone Number
Contact:	Donna Gordon	Work: (772) 221-1352

Board Members

Name	Position	Appointed	Term Ends
Harold Jenkins	PositionBCC		11/22/2023
Edward Weinberg	PositionBCC Representative	08/01/2017	09/30/2023

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Other Info

Powers & Duties:
The following are the purposes for which this Corporation has been organized:

a. To promote the economic and business welfare in Martin County and the cities therein by increasing employment opportunities;

b) To solicit support and aid of the general public in this work.

c) To promote and conduct economic programs designed to retain existing businesses and to strengthen and expand the income potential of businesses within Martin County.

d) To engage in activities seeking to bring qualified businesses and industry into Martin County.

e) To develop and carry out activities for the purposes of raising the money to meet the expenses and establish funds and otherwise create and support the purposes of the Corporation and to manage, invest and disburse such monies in accordance with the non-profit purposes of the Corporation.

f) The Corporation shall have such corporate powers as are granted in Chapter 617 of the Florida Statutes and all amendments subsequent thereto, together with such other additional powers as shall be reasonably co-existent and appropriate and necessary for the full use and proper management of the Corporation or any of its purposes; provided, however, that this Corporation in exercising any one or more of its powers, shall do so in furtherance of the exempt purposes for which it has been organized, and as described in the Internal Revenue Code, and provisions herein, which conflict with those purposes and would render the Corporation non-exempt, shall be treated as void and of no effect.
How Appointed:
The members of the Board of Directors shall be appointed by the Members as enumerated below.

a) Martin County, Florida shall be entitled to appoint one representative to the Board of Directors, who shall serve term of two years.

b) The City of Stuart, Florida shall be entitled to appoint one representative to the Board of Directors, who shall serve a term of two years.

c) The Martin County Council of Chambers shall be entitled to appoint one representative to the Board of Directors, who shall serve an initial term of three years, and shall thereafter serve a term of two years.

d) The Economic Council of Martin County shall be entitled to appoint one representative to the Board of Directors, who shall serve an initial term of three years, and shall thereafter serve a term of two years.

e) Indian River State College shall be entitled to appoint one representative to the Board of Directors, who shall serve a term of two years.

f) The Rural Indiantown Revitalization Advisory Board shall be entitled to appoint one representative to the Board of Directors, who shall serve an initial term of three years, and shall thereafter serve a term of two years.

g) The Realtor Association of Martin County shall be entitled to appoint one representative to the Board of Directors, who shall serve an initial term of three years, and shall thereafter serve a term of two years.

h) The Marine Industries Association of the Treasure Coast, Inc. shall be entitled to appoint one representative to the Board of Directors, who shall serve a term of two years.

The Board of Directors by a majority vote shall be entitled to appoint up to seven at-large members, as permitted by Section 8. Each at-large representative shall have one vote. The President shall appoint a Nominating Committee to review applications for at-large members to the Board of Directors and submit recommendations for at-large members to the Board of Directors, to be approved by the Board of Directors by a majority vote. In making their recommendations, the Nominating Committee shall review applications of potential board members who would bring value and expertise to the Board of Directors, taking into consideration at-large members who represent manufacturing, aerospace, health care, agriculture, small business, entrepreneurs, information technology/telecommunications, power generation, banking/finance, private capital, economic development experience and expertise, K through 12/technical education and business applications of social media. In order to accomplish the desired staggering of terms of members of the Board of Directors, the Nominating Committee shall designate at-large members serving an initial three year term and those serving an initial two year term. After the initial term of office, all at-large directors shall serve two year terms.
Terms:
After the initial staggering of terms of office by designating Directors serving two and three year terms with the adoption of these amended and restated Bylaws, all Directors shall be appointed for a term of two years. The Directors with initial two terms shall serve a period of two years measured from October 1, 2017, and shall thereafter serve two year terms. The Directors with three year initial terms shall serve a period of three years measured from October 1, 2017, and shall thereafter serve terms of two years. The Directors appointed in calendar year 2017 shall serve their initial term of office measured from October 1, 2017, such that their initial term of office may be greater or less than two or three years, depending on whether they are appointed prior to or after October 1, 2017. In the event that a member of the Board of Directors is appointed and approved as a member of the Board of Directors on a date less than two years (or three years, as the case may be) from the expiration of their term of office, that Director’s term shall expire on the same date as other Directors with that staggered term, and that Director is eligible for reappointment and approval for additional terms of office.