Minutes - 19691201 - Laserfiche WebLink

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--_ sn=11 have the care and custodv of all funds of t-e authority and shall deposit the ssmc in the n?me of the -uthcrity in such ban's or bar_:•.s Az: the Authority may select. The Secretarv shall sign 111 orders ar_d checks for the payment of money and shall raF,w cut and disbruse such monevs ender the direction of the Authority. Except a other- ncriaed by resolution of the 1+1tl-ority, all such orders and checks shall ccu_ntersicned :.v the Chairman. He shall r_ec.ular books of Accounts :got+,inc receipts rand expenditures and shall render tc?the Authori`y, at each recular meeting (ox oftener :hen requested), account of his transactions lso of the financial condition of the Authority. He shall cive such :bond for the? a _aithful performance of his duties as the Authority may determine. The compensation of the Secretarv shall be determined by the Authority, pro-ided that a temporary appointee selected from amonc the commissioners o the Authority shall serve without compensation. (other than the paynent of necessarv expenses). _i Section 5. Additional duties. The officers of the Authoritv shall ;erform such other duties and functions as may from time to time be required by the Authority or the b,rlai•,,s or rules and regulations of the Authoritv. Section 6. Election or Appointment. The C:-.airman and 'Tice-Chairman shall be elected at th•- annual meeting of the Authority from among the commissioners of the Authoritv, and shall held office for one veer or until their successors are elected and r._ualified. The Secretary shall be appointed by the Authority. Any person appointed to fill the office of Secretary, or any vacan=v th ~ _-,, shall hate such term aE the Au.thprity fixes, but no commissioner _ the Authcrity shill be eligible to this office except temporary appointee. Section 7. Vacancies. Should the offices of Chairman or Vice-Cha'_rma:! beccme vacF_t, the Authority shall elect a successor From its .e:rbcrship at the next recular nr and such election shall be for the un°xpired term o- said o_`ficc. When the effica of Secretary becomes vacant, the Authoritv s_.'_'_ ppoint a successor, as Section S. Additicna'_ Personnel. The Authoritv may £rcm time to time employ such .ersonnel as it deems necessary to exercise its - _s, duties, and functions as prFscri:.cd ay the Local WQlasinc Authorities La,., and all other 'aa:s of the State of Ncrth C?rolir.a applicable `hereto. The selection ar.c compsnsaticn of such personnel (including the Secretary) shall be determined by the Authority subject to the of the State c- North Carolina. ARTICZ,E III - MEETINGS Section 1. Annual Meetinc. The annual m.??t'ng of the Authority shall be held on the first Mondav in December._t 10:0C o'clock A. M. at the recular meetinc place of the Authority. In the event such date shall fall on a Sunday or a legal holiday, the annual meetinc shell be held on the next succeeding secular day. Section 2. Renu o le.r Meet.1 s. licnthly ,ieetincs shall be held •.aithout notice the regular m°*eting place cf the Au.thcrity ^n the first .'--'_cndav of each month at 10:00 o'clock A...M. unless the same sl--11 be a lecal holiday, in which event said meetinc shall be held on the next succeeding secular day. Section 3. S^ecial Meetincs. The Chairman of the Authority may, when he deems it ex^^edient, and shall, upon the ?rritten recuest of memsers of the A^ithority, call _ special meeting of tie Authoritv for the purpose of transact-nc any business desi.cnated in the csll. The Cal'_ For a special meeting m-v be delivered to each ^e..ber of the Authority or may be nafltd to the business cr :.me address of each amber of the Authority at least .wodavs prior to the date .._such special r..eetinc., Section 4. Qucrum. The pc:•iers of the Authoritv shall vested in the Commissioners thereof in office from time to time. Three- Commissioners shall constitute cucrum fmr the purpose of Conducting its business -nd exercising its po-ers and for all other purposes, but a smaller number may adjourn from time to time until a cuorum. is obtained. When a quorum is iattendance, action -.av he taken by the ;uthority upor. a vote of a majority of the Commissioners -reset. Section 5. Cider of 3usiness. At the recular meetings of the Authority the fpllowirc shall be the order o= business: f 1. Roll call; 2. Reading and a oroval of the minutes of previous meeting; 3. Bi115 an c: communications; L. Report of the Secretary: 5. Re:^orts of Committees; 6. Un?inished business: 7. _ b,. -c -- -ss; S. Adjctrnment. all resolutions shall be in ^-,ritinc end shall be conied ir. _ iournel of the _roceedincs of the authority. f Section 6. Manner o£ Votir_c. The voting on all cuestiens coming before the Authoritv shall be by roll call, and the ye2s and navs _hall be entered upon the ..mutes of such m_etinc, except in the Case of elections -when the -rote ma•: be b-r ballot. ARTICLE IV - =E:d?,= N^15 ndments to 5vla.s. The bvlar.-s of the :trorit•. s-all be Am-=r_ded or_ly c•:-t.. the _,_royal of at least three of the em:rers the A'athcri'c_ - recu ln- or