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<br />3.12 On aAnual basis, the Board shall elect tAoard members to act <br />as Chair and Vice-Chair of the Agency for the purpose of conducting the Board <br />meetings and performing other duties as required. The Vice-Chair may carry out all <br />the duties of the Chair in hislher absence. <br /> <br />3.13 The Board shall appoint an officer or employee of a Member Agency <br />to hold the offices of Treasurer and Controller ("Treasurer/Controller"), whose <br />duties shall be in conformance with Government Code sections 6505 and 6505.5 <br />and whose salary, if any, shall be established by the Board. The <br />Treasurer/Controller shall also administer all contracts subsequent to the Board's <br />approval and shall contract with a certified public accountant to make an annual <br />audit of the accounts and records of the ILJAOC as provided in Government Code <br />section 6505. The annual audit shall be submitted to the Board and each Member <br />Agency when completed. The budget, covering a budget cycle set by the Board, <br />shall be prepared by the Treasurer/Controller for the approval by the Board. The <br />ILJAOC's investment policies shall be the policies of the Member Agency of the <br />Treasurer/Controller as those may be modified by the Board of the ILJAOC. The <br />cost of the Treasurer/Controller in carrying out hislher duties, including, with <br />limitation, any outside professional services, shall be reimbursed by the ILJAOC. <br /> <br />3.14 The Board shall have the power to appointlhire additional officers, <br />employees, or agents. Any officer, employee, or agent of the ILJAOC who is an <br />officer, employee, or agent of any of the Member Agencies will continue to be <br />subject to the Member Agency's personnel system. However, the ILJAOC may hire <br />employees that are subject to the personnel system of the ILJAOC and said <br />employees would not be employees of any Member Agency. Any person from any <br />Member Agency appointed by the Board to fulfill a staff position with the ILJAOC <br />shall possess appropriate qualifications to carry out his or her responsibilities. <br /> <br />3.15 The City Attomeys or their Deputies of the Member Agencies may <br />generally serve as counsel to the ILJAOC, to the extent agreed to by the respective <br />Member Agency and permitted by such waivers of conflicts of interest to authorize <br />such representation as may be executed by such Member Agency and the ILJAOC <br />Board. The specific and ongoing duties of legal counsel to the ILJAOC may be <br />9 <br />