This section creates the Jackson/DeKalb Counties Industrial Development Authority and sets out its purpose, membership, meeting setup, staffing help, and funding permission.
(a) There is established the Jackson/DeKalb Counties Industrial Development Authority. The purpose of the authority shall be to market and develop the Northeast Alabama Technology Park on the Campbell site near the Northeast Alabama Community College and other sites that may be suitable for economic development in the future in the vicinity of the college. (b) The members of the authority shall consist of the following: (1) The President of the Northeast Alabama Community College (NACC) who shall serve as chair of the authority. (2) One member appointed by the Jackson County Commission who shall reside within the NACC service area. (3) One member appointed by the DeKalb County Commission who shall reside within the NACC service area. (4) One member from Jackson County appointed by the local state legislative delegation representing Jackson and DeKalb Counties who shall reside within the NACC service area. (5) One member from DeKalb County appointed by the local state legislative delegation representing Jackson and DeKalb Counties who shall reside within the NACC service area. (6) One member of the Section/Dutton Water Authority Board appointed by the Section/Dutton Water Authority Board. (7) The CEO of the Sand Mountain Electric Co-op, or his or her designee. (8) The CEO of the Farmers Telecommunication Cooperative, or his or her designee. (9) The Chair of the DeKalb County Economic Development Authority or his or her designee. (10) The Chair of the Jackson County Economic Development Authority or his or her designee. (11) The Chair of the Northeast Alabama Community College Advisory Board. (b) The President/CEO of the Jackson County Economic Development Authority shall serve as an ex officio member. The Executive Director of the DeKalb County Economic Development Authority shall serve as an ex officio member. (c) The appointed members of the authority shall serve for a term of four years and shall serve until a successor is appointed. (d) The authority shall have its first meeting at the Northeast Alabama Community College at the call of the chair. The college shall provide clerical assistance to the authority. The authority may receive funding from any public or private source.