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3.14 The Board shall appoint an officer or employee of a Member Agency to hold <br />the offices of Treasurer and Controller ("Treasurer/Controller"), whose duties shall be in <br />conformance with Government Code sections 6505 and 6505.5, and whose salary, if any, <br />shall be established by the Board. The Treasurer/Controller shall also administer all <br />contracts subsequent to the Board's approval and shall contract with a certified public <br />accountant to make an annual audit of the accounts and records of the ILJAOC as <br />provided in Government Code section 6505. The annual audit shall be submitted to the <br />Board and each Member Agency when completed. The budget, covering a budget cycle <br />set by the Board, shall be prepared by the Treasurer/Controller for the approval by the <br />Board. The ILJAOC's investment policies shall be the policies of the Member Agency of <br />the Treasurer/Controller, as those may be modified by the Board of the ILJAOC. The <br />cost of the Treasurer/Controller in carrying out his/her duties, including, with limitation, <br />any outside professional services, shall be reimbursed by the ILJAOC. <br />3.15 The Board shall have the power to appoint/hire additional officers, employees, <br />or agents. Any officer, employee, or agent of the ILJAOC who is an officer, employee, or <br />agent of any of the Member Agencies will continue to be subject to the Member Agency's <br />personnel system. However, the ILJAOC may hire employees that are subject to the <br />personnel system of the ILJAOC and said employees shall not be considered employees of <br />any Member Agency. Any person from any Member Agency appointed by the Board to fulfill <br />a staff position with the ILJAOC shall possess appropriate qualifications to carry out his or <br />her responsibilities. <br />3.16 The Board may appoint legal counsel, by contract or otherwise, to provide <br />legal counsel to the Board, Executive Director, and any other ILJAOC staff regarding the <br />operations of the ILJAOC. <br />3.17 The officers of the ILJAOC Board shall perform all duties customary and <br />appropriate to their respective offices and: <br />a) After approval by the ILJAOC Board, the Board Chair shall sign all contracts <br />on behalf of the ILJAOC Board. <br />10 <br />