§ 2.175.040. Qualifications.  


Latest version.
  • A.

    All seven members nominated by council member's shall be residents of the city, and the members nominated by council member's from Districts 1 and 6 shall be residents of those districts, respectively.

    B.

    Each member shall have recognized competence and wide experience as evidenced by but not limited to any of the following fields: banking; financial services; venture capital; real estate development or financing; real estate leasing and/or property management; senior management of a business; project management; accounting; business law; economic development; community service. Considered as a whole, the board should reflect experience in all of these areas. Appointed members must be willing to serve actively for the full term.

    C.

    City officials, when recommending or nominating persons to serve on the board, shall seek outstanding individuals whose commitment and talents will contribute to the purpose and functions of the board and who reflect the ethnic, geographic and gender diversity of the city. Priority will be given to residents of the city of Pasadena.

    D.

    No individual shall be appointed to the board until the disclosure of financial interests required by the city's conflict of interest code has been made to determine whether the individual has an interest, within the meaning of California Government Code Section 1090, et seq., in any present or anticipated contract of the corporation or of the city. Each individual serving as an interim board member prior to the effective date of the ordinance codified in this chapter, if he or she wishes to be considered for appointment as an initial board member, shall make such disclosure promptly after the effective date of said ordinance, and the city council shall subsequently appoint initial board members at its pleasure.

(Ord. 6557 § 2 (part), 1993)