The commission shall:
A. As its initial task, review all plans which have been developed in the past, select the elements of the plans which, in the opinion of a majority of the members of the commission, are best suited to the thoughtful and careful development of the Chena riverfront as provided in FNSBC 4.32.020, and use those elements to create a final draft riverfront plan to guide and foster development of the riverfront. This plan must be adopted by the Assembly and the City Council after review and recommendations by the Planning Commission and the Parks and Recreation Commission. If one or both governing bodies fail to approve the draft plan, then the Mayor of each body shall appoint two persons for the purpose of meeting to negotiate an acceptable plan, which shall be reviewed again by the governing bodies.
B. From time to time, review the riverfront plan and bring proposed revisions to the Assembly and the City Council for adoption after review and recommendations by the Planning Commission and the Parks and Recreation Commission.
C. Develop and foster cooperative projects to support the goals and objectives of the riverfront plan and encourage volunteer contributions of funds, in-kind donations, and labor to help carry out these projects.
E. In its discretion, consistent with the goals and objectives of the riverfront plan, support, assist, or provide recommendations to other organizations or property owners with riverfront development projects or activities.
F. In its discretion, review proposed development of Borough-owned land as well as requests for rezonings, conditional uses, variances and highway projects on parcels located within 150 feet of the ordinary high water mark of the Chena River for conformity with the land development guidelines set forth in this chapter and consistency with the riverfront plan.
1. Within 24 days of the commission’s receipt of an application, the commission may:
a. Make a recommendation to Community Planning Department staff regarding requests for conditional uses and variances;
b. Make a recommendation to Community Planning Department staff, the Planning Commission or the Assembly regarding rezonings and highway projects;
2. The Department of Community Planning shall provide notice to the applicant at least five days prior to the date of a meeting of the commission under this subsection.
G. In its discretion, consistent with the goals and objectives of the riverfront plan, make recommendations to the Mayor, Assembly, or the City of Fairbanks regarding uses and development of land on the Chena riverfront.