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JOINT POWERS AGMT/CITY/CRA/SAFA
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SANTA ANA FINANCING AUTHORITY
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JOINT POWERS AGMT/CITY/CRA/SAFA
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1/3/2012 1:11:27 PM
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12/5/2007 2:35:00 PM
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~~ <br />Members of the Board shall not receive any compensation <br />for serving as such, but shall be entitled to reimbursement for any <br />i <br />expenses actually incurred in connection with serving as a member <br />if the Board shall determ}n~ that such expenses shall be reimbursed <br />~ _ <br />and there are unencumbered funds available for such purpose. <br />C. Meetings of Board <br />(1) Recrular Meetings. The Board shall hold at <br />least one regular meeting each year, and, by resolution, may <br />provide for the holding of regular meetings at more frequent <br />intervals. The date upon which, and the hour and place at which, <br />each such regular meeting shall be held shall be fixed by <br />resolution of the Board. <br />(2) Legal Notice. All meetings of the Board shall <br />• be called, noticed, held and conducted subject to the provisions of <br />the Ralph M. Brown Act (Chapter 9 of Part 1 of Division 2 of Title <br />5 of the Government Code of the State of California (Sections <br />54950-54961)) or any successor legislation hereinafter enacted. <br />(3) Minutes. The secretary of the Authority shall <br />cause minutes of all meetings of the Board to be kept and shall, as <br />soon as possible after each meeting, cause a copy of the minutes to <br />be forwarded to each member of the Board and to the City and the <br />Agency. <br />(4 ) Quorum. A maj ority of the members of the Board <br />shall constitute a quorum for the transaction of business, except <br />that less than a quorum may adjourn meetings from time to time. <br />• <br />Lai~ssz~.2 5 <br />
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