A charter (hereinafter referred to in this chapter as "the Charter") shall be issued to the development corporation by the council which shall grant to the corporation authority to act pursuant to the Act. A copy of the initial charter to be issued is attached to the ordinance codified in this chapter as Exhibit A and is incorporated in this chapter by reference. The Charter may be amended from time to time by the council. (Ord. M-2581 §4, 1985)