(a) The Board may create subcommittees as needed to assist the Corporation in fulfilling its purposes and obligations. Each subcommittee shall have a Director of the Board serve as Chair and may include persons that are not directors of the Board. Subcommittees may assist the Board in any of the following ways:
(1) Developing plans to implement recommendations from the redevelopment plan and tracking ongoing implementation efforts.
(2) Reviewing and providing recommendations on proposals for the purchase, sale, lease or disposition of lands or buildings.
(3) Providing guidance on updates to the redevelopment plan upon request by the Board or the executive director.
(4) Providing recommendations on infrastructure improvement plans, budgets, or any other matters referred by the Board or the executive director.
(5) Recommending rules, regulations and policies to the Board.
(6) [Repealed.]
(b)-(d) [Repealed.]