The Michigan City Economic Development Revolving Loan Fund Committee consists of seven members serving four year terms.

Appointments:
• Three members are appointed by the Mayor; one member is a senior level professional loan officer, one member from the manufacturing or commercial industry, and one member from the business or retail industry who is resident of Michigan City or who has a business located in Michigan City;

• Three members are appointed by the Common Council; one member is a senior level professional loan officer, one member is from the manufacturing or commercial industry, and one member is from the business or retail industry who is resident of Michigan City or has a business located in Michigan City; and

• One member is the Economic Development Corporation Michigan City Chair, or his designee, who will be a standing member of the loan committee.