VISION
Adopted by the Board of Directors, March, 2010
To be the recognized leader in sustainable community and regional development.

MISSION STATEMENT
Adopted by the Board of Directors, March, 2010
The OICRD encourages, initiates, and facilitates community and economic development through the incorporation of the five dimensions of a sustainable community; cultural, economy, environment, governance and social.

OUTCOME STATEMENTS
Adopted by the Board of Directors, March, 2010

1. A vibrant culture scene
2. A strong economy
3. A healthy environment
4. Good governance
5. A strong social network
6. Diverse revenue streams for the OI

VALUES
Adopted by the Board of Directors, March, 2010

Innovative: to think and act beyond what is expected.

Accountable: we take responsibility for our decisions, actions and outcomes.

Collaborative: utilize broad based input to work cooperatively and openly in achieving a common goal for betterment of the community.

Behave with integrity: principle based decisions are made in an honest, transparent and respectful manner.

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TERMS OF REFERENCE FOR COMMITTEES

PURPOSE

To have consistency with clear lines of communication and accountability on how committees of the Board function.

POLICY

Each committee of the Board shall have terms of reference. The terms of reference shall include the following:

• A stated purpose or vision.
• Objectives
• A membership structure and process for selection.
• A process for the election of officers (According to our bylaws, each committee picks its own chair.)
• A process for the development of an annual budget and submission of revenue and expenses
• A process for the development of timelines and a work plan
• Established lines of communication and accountability to the Board of the Society
• An evaluation process

PROCEDURE

Board Members of the Institute will facilitate the development of a Terms of Reference with the members of each committee and ensure the above policy is implemented by Committees of the Board and approved by the Board.