AG 2008 08 18 - Laserfiche WebLink

Home Browse Search

be filled by the Board at any time. The term of an Officer filling a vacancy shall expire at the end of the unexpired term she or he is fillirig. Section 7.4 Compensation. Except for the President, the Authority shall not compensate other Officers for services,' but may authorize reimbursement of expenses incurred by any Officer on behalf of the Authority. Section 7.5 Chair. The Chair will preside at all meetings of the Authority Board and will coordinate, or cause to be coordinated, the work of the Board and its committees. The. Chair. will serve as primary liaison between the Board and the President, and will assist both as they work to accomplish the Authority's mission. If the Chair must be absent for any reason from any meeting of the Board'or Executive Committee, the Board or Executive Committee may elect any member of that respective-body to preside in his/her absence at that meeting. Section 7.6 President. The President shall be the general manager and Chief Executive Officer of the Authority and shall supervise and 'control the management .of the Authority in accordance with these Bylaws. The other employees of the Authority shall serve at the pleasure of, and report to, the President. The President, with 'any other proper Officer, may sign any deeds, leases, mortgages, bonds, contracts or other instruments which lawfully may be executed on behalf of the Authority. In general, the President shall perform all duties incident to the office of President_and such other duties as from time to time may be assigned by the Authority Board. The President's tenure in that office, and his or her compensation and other terms of engagement, are governed by his or her employment agreement with dhe Authority. Section 7.7 Treasurer. The Treasurer shall have the custody of all funds and securities belonging to the Authority, and shall receive and disburse the same, or supervise such receipt and disbursement, under the direction of the Authority Board. In addition, the Treasurer shall deposit, or cause to be deposited, all funds and securities belonging to the Authority with such depositories as may be designated by the Board. The Treasurer shall maintain, or cause to be maintained, appropriate accounting records as may be required by law and the Authority Board, and shall render to the Chair and the Board, upon request, an account of all transactions and the financial condition of the Authority. In general, the Treasurer shall perform all duties incident to the office of the Treasurer and such other duties as may be assigned by the Chair or the Authority Board. Section 7.8 Sedretary. The Secretary shall keep or cause to be kept, accurate records of the acts and proceedings of all meetings of Directors. The Secretary shall give, or cause to be given, all notices required by law and by these Bylaws. The Secretary shall have .general charge of the corporate books and records, and of the corporate seal; and shall affix, or cause to be affixed, the corporate seal to any lawfully executed document requiring it: The Secretary shall keep, or cause to be kept, all records required. by law afthe principal office of the Corporation. The Secretary shall sign such instruments as may requlfe the Secretary's signature. In general, .the Secretary shall perform all duties incident to this office, and other such duties as may be assigned by the Chair or tha Board of Directors. Section 7.9. Administrative Staff. All Administrative Staff serve at the pleasure of the President and maybe discharged at any time with or without cause: ARTICLE 8 CONTRACTS, LOANS, CHECKS, DEPOSITS, GIFTS, STATUTORY COMPLIANCE ~~ ' i