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D. Officers; Duties; Bonds <br />(1) The Officers of the Authority shall be the <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 />(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 />(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 />(4) The City shall determine the charges to be made <br />against the Authority for the services of the Treasurer and <br />Controller. <br />Ln14552-1.2 7 <br />