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BY-LAWS <br /> OF THE <br /> SANTA ANA FINANCING AUTHORITY <br /> Adopted Auoust 2 , 1993 <br /> ARTICLE I. - THE AUTHORITY <br /> Section 1 . 01. Name. The official name of the Authority <br /> shall be the "Santa Ana Financing Authority" . <br /> Section 1. 02 . Authority Board Members. The Authority <br /> shall be administered by a governing board (the "Board") whose <br /> members shall be, at all times, the Mayor of the City of Santa Ana <br /> (the "City") and the members of the City Council. The term of <br /> office of a member of the Board shall terminate when such member of <br /> the Board shall cease to be the Mayor or a member of the City <br /> Council; and the successor to the Mayor or such member of the City <br /> Council shall become a member of the Board. <br /> Section 1. 03 . Office. The business office of the <br /> Authority shall be at 20 Civic Center Plaza, Santa Ana, California <br /> 92702 , or at such other place as may be designated by the Board. <br /> Section 1. 04 . Compensation. Board members shall not be <br /> entitled to compensation but may receive their actual and necessary <br /> expenses, including traveling expenses incurred in the discharge of <br /> their duties as a Board member, but only when authorized by the <br /> Authority and if there are unencumbered funds available for such <br /> purpose. <br /> u 4sszv.i -1_ <br />