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The commission shall:

A. Serve as an Alaska regional development organization as defined by AS 44.33; serve as any other state and/or federally recognized development organization that may be approved by the Assembly; and comply with all state and federal laws applying to any such organizations;

B. Maintain an economic information and research capability useful to both public and private sectors in dealing with local and regional economic strengths, weaknesses, opportunities, and threats by working through the Borough administration with the Department of Community Planning, the University of Alaska Fairbanks, and other public and private entities;

C. Seek appropriate funding sources for economic development activities and the development of any infrastructure necessary to support such activities, including those that improve economic sustainability and resiliency;

D. Coordinate public and private resources to support a resilient and sustainable economy and actively encourage public input and participation in specific projects as they are proposed;

E. Act as a resource and catalyst for the exchange of local relevant, resilient and sustainable economic information between and amongst local businesses and municipal, state, and federal governments;

F. Serve as a referral source to any business or industrial interest that inquires about establishing or relocating a business or industry in the Borough;

G. Review, analyze, and report to the Assembly on local economic development and taxation and engage in any additional economic development activity that is consistent with FNSBC 4.40.015. (Ord. 2023-45 § 2, 2023; Ord. 2017-50 § 4, 2017; Ord. 2004-10 § 2, 2004. 2004 Code § 2.75.020.)