Orange County NC Website
---- ------------} <br />3'.- - ~ Formatted: Right:_0.25" - ___/ <br />~AIZTICLE_III_- OFFICERS - <br />Section 1. Officers. The officers of the Authority shall be a Chairman, a Vice- <br />Chairman and a Secretary. <br />Section 2. Chairman. The Chairman shall preside at all meetings of the Authority. <br />Except as otherwise authorized by resolution of the Authority, the Chairman shall sign all <br />contracts, deeds and other instruments made by the Authority. At each meeting; the <br />Chairman shall submit such recommendations and information as he or she may consider <br />proper concerning the business, affairs, and policies of the Authority. <br />Formatted <br />Deleted: Absence <br />Deleted: f <br />Deleted: The Secretary shall be the <br />Executive Director of the Authority and, <br />as such, shall have general supervision <br />over the administration of its business <br />and affairs, subject to the direction of the <br />Authority. He shall be charged with the <br />management of the housing projects of <br />the Authority,¶ <br />Section 3. Vice-Chairman. The Vice-Chairman shall perform the duties of the .;''~ <br />Chairman in the absence _o~ incapacity_ of_ the Chairman,__or_ upon_ delegation_ by__the ~' r` <br />Chau•lnan.; and in case of the resignation, .removal or death of the Chairman, the Vice- <br />Chairman shall perform such duties as are imposed on the Chairman until such time as <br />the Authority shall select a new Chairman. <br />Section 4. Secretary. The Executive Director of tlae Authority shall serve as <br />Seeretaryy of the Board. The Secretary_shall keep_the records of the Authority, shall act as_ ;~ ';;',;" <br />secretary of the meetings of the _ oard and_record_all votes, and shall keep a record_of the ;• ; ;- ;' <br />proceedings of the _oard in_a_journal_ofproceedings to be_kept for such_purpose,_and ;.;~ ;' <br />shall perform all duties incident to his office: tThe Secretary shall keep_m safe custody the_ ; ,,' <br />seal of the Authority and shall have power to affix such seal to all contracts and <br />instruments authorized to be executed by the Authority. <br />The Secretary shall keep regular books of accounts showing receipts and ,' <br />expenditures and shall render to the oar•d at each regular meeting (or often* when '' ;~..• <br />requested), an account of,xhe Authorit 's transactions and also of the fmancral condrtron , •'•, <br />of the Authority. ~ .................................................................................................... <br />.~ ., <br />,•, ., <br />Andperson appointed to fill the office of Secretary, or any vacancy therer.n, shall t; ~,;•.;,,,, <br />have such term as the Authority fixes. If the position of Executive Duector is vacant, the '+,'';'•,,`~, ` <br />Board may appoint a temporary appointee until such time as the Executive Director :~ <br />position l7as been filled. No commissioner of the Authority shall be eligible to this offce ' <br />except as a temporar~ppointee. <br />Section 5. Executive Du•ector. The Executive Director of the Authority shall <br />have General supervision over the administration of its business affairs, subject to the <br />direction of the Authorit~,The Executive Director shall be charged with. th.e mana eG meat <br />of the housingprojects of the Authority ~1'he Executive Director shall be appointed by .'•., <br />the Oran e County Mana 7er_ ` ` <br />Regarding the budGetinG and accounting systems of the Authority, the Orange `~ <br />County Board of County Commissioners shall adopt a resolution that provides that the <br />budgeting and accounting systems of the county's hausing~autll.ority shall be an. i.nte ;r•al <br />part of the bu.d~etinG and accounting systems of Orange County t;ovenlment. ' <br />Deleted: Authority <br />Deleted: Authority <br />Deleted: He <br />Deleted: We shall have the care and <br />custody of al( funds of the Authority and <br />shall deposit the same in the name of the <br />Authority in such bank or banks as the <br />Authority may select. The Secretary shall <br />sign all orders and checks for the <br />payment of money and shall pay out and <br />disburse such moneys under the direction <br />of the Authority. Except as otherwise <br />authorized by resolution of the Authority, <br />all such orders and checks shall be <br />countersigned by the Chairman. He <br />Formatted: Font: Not Bold <br />Formatted: Font: Not Bold <br />Deleted: Authority <br />Deleted:_er <br />Deleted: his-----_......~....----- <br />Formatted: Font: Not Bold <br />Deleted: He shall give such bond for <br />the faithful performances of his duties as <br />the Authority may determine. <br />Formatted: Font: Not Bold <br />Deleted: ¶r,R~~~,_--.___..__.,.,.,,,,,__:. <br />_ .P _.........._ .............-.. <br />Deleted: The com ensation of the <br />Secretary shall be determined by the <br />Authority, provided that a temporary <br />appointee selected from among the <br />commissioners of the Authority shall <br />serve without compensation (other than <br />the payment of necessary expenses). <br />Formatted: Font: Not Bold <br />Formatted: Font: Not Bold <br />Deleted: Orange County Board of <br />County Commissioners or the <br />