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MIBOR ECONOMIC AND COMMUNITY DEVELOPMENT COUNCIL

MIBOR ECONOMIC AND COMMUNITY DEVELOPMENT COUNCIL

job description

VISION:

Through collaboration and shared commitment, central Indiana will become the best region in the country for people to live, work, play and invest.

To that end, MIBOR has created an Economic and Community Development Council.

PURPOSE:

The purpose of the Economic and Community Development Council (ECDC) is to evaluate and guide investments that contribute to a more efficient marketplace and strengthen communities in central Indiana.

The Board of Directors of MIBOR has established objectives to attain a healthy real estate market and strengthen our communities as part of its strategic plan. It has charged and empowered staff to meet those objectives by establishing a strong economic and community development initiative. The Economic and Community Development Council is one of the tools that the staff will utilize in trying to meet its charge.

STRUCTURE:

Positions on the ECDC shall be filled by interested MIBOR members. The MIBOR Economic and Community Development Council will consist of 20 members. Expiring terms will be replaced by selection from volunteer applicants on an annual basis by the MIBOR President and confirmed by the Board of Directors as per MIBOR Bylaws Article 13. All members must have a minimum of 2 years’ real estate experience. All Council members are eligible to serve up to 2 consecutive 2-year terms. The MIBOR President-Elect, working with the CEO, will select a chair for the Economic Development Council each year.

The Council will meet bi-monthly or as needed to discuss, evaluate and guide investments.

COMPOSITION:

The composition of council members will be:

  • 13 REALTOR® members representing the geographic areas of the MIBOR area by division
  • 4 At-Large members
  • 1 Affiliate member
  • 1 Commercial member
  • 1 Member to serve at the Regional level

COMMITMENT:

MIBOR Economic and Community Development Council members are expected to fulfill the purpose of the council. Council members are expected to:

  • Regularly attend meetings of the MIBOR Economic and Community Development Council
  • Evaluate and guide investment resources dedicated by the MIBOR Board of Directors.
  • Foster connections and collaborations with economic and community development organizations.
  • Help identify potential projects and organizations for investment and collaboration.
  • Be a critical link of knowledge and information between MIBOR and the communities in the MIBOR service area.
  • Members who serve on LEDO or REDO boards or committees will also be responsible for keeping informed on economic development trends, challenges, opportunities and announcements and engaging in economic development policy.
  • Serve a term up to two years.

CHAIR RESPONSIBILITIES:

  • Help set annual strategic goals
  • Represent the ECDC when needed (media, events, quotes, etc.)
  • Communicate information to ECDC (this can be staff driven)
  • Attend all ECDC meetings
  • Lead ECDC meetings, approve agenda prior to sessions

ELIGIBILITY/PREREQUISITE TO SERVE:

  • Member of MIBOR
  • Knowledge of community and economic development issues
  • Commitment and ability to work in an advisory capacity
  • Willing to devote time to attend meetings of the Council
  • REAL graduates are considered first