Laserfiche WebLink
1.11, <br /> <br /> D. officers; Duties; Bonds <br /> <br /> (1) The officers of the Authority shall be the <br /> <br />Chair, Vice-Chair, Executive Director, Secretary, Treasurer and <br />Controller. With the exception of the Treasurer and Controller, <br />the officers of the Authority shall be the persons serving in those <br />offices of the City specified in the By-Laws of the Authority <br />adopted by the. Board and shall have the powers vested in them <br />pursuant to such By-Laws and such'other powers as may be granted by <br />the Board from time to time by resolution. <br /> <br /> (2) The Executive Director/Finance and Management <br />Services Agency of the city is hereby designated as Treasurer of <br />the Authority. subject to the applicable provisions of any trust <br />agreement, indenture or resolution providing for a trustee or other <br />fiscal agent, the Treasurer is designated as the depositary of the <br />Authority to have custody of all the money of the Authority, from <br />whatever source, and, as such, shall have the powers, duties and <br />responsibilities specified in Section 6505.5 of the Act. <br /> <br /> (3) The Executive Director/Finance and Management <br />Services Agency is hereby designated as Controller of the <br />Authority, and, as such, shall have the powers, duties and <br />responsibilities specified in Section 6505.5 of the Act. The <br />Controller shall draw checks to pay demands against the Authority <br />when such demands have been approved by the Authority. <br /> <br /> (4) The City shall determine the charges to be made <br />against the Authority for the services of the Treasurer and <br />Controller. <br /> <br />LAI-4~527.2 7 <br /> <br /> <br />