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(d) Election or Appointment - The Chairperson and Vice <br /> Chairperson shall be elected by a majority vote at the <br /> annual meeting of the Board from among the Commissioners <br /> of the Authority,and shall hold office for one year or <br /> until their successors are elected and qualified. <br /> <br /> (e) Vacancies - Should the offices of Chairperson or Vice <br /> Chairperson become vacant, the Board shall elect a <br /> successor from its membership at the next regular <br /> meeting, and such election shall be for the unexpired <br /> terms of said office. <br /> <br />§1-3.33.22 Executive Secretary <br /> <br /> (a) The Executive Secretary shall be appointed by the <br /> Council. Any person appointed to fill the office of <br /> Executive Secretary, or any vacancy therein, shall serve <br /> at the pleasure of the Council. <br /> <br /> (b) Executive Director - The Executive Secretary shall be <br /> the Executive Director of the Authority and, as <br /> Executive Director, he shall have general supervision <br /> over the administration of its business and affairs, <br /> subject to the direction of the Council of Directors. <br /> He shall be charged with the management of the housing <br /> projects of the Authority. <br /> <br /> (c) Secretary - As Executive Secretary, he shall keep the <br /> records of the Authority, shall act as secretary of the <br /> meetings of the Council and the Board and record all <br /> votes, and shall keep the Minutes of the Authority for <br /> such purposes; and shall perform all duties incident to <br /> his office. He shall keep in safe custody the seal of <br /> the Authority and shall have power to affix such seal to <br /> all contracts and instruments authorized to be executed <br /> by the Council. (He shall, with the Chairperson of the <br /> Council sign all contracts, deeds and other <br /> instruments.) <br /> <br /> (d) Treasurer - The Executive Secretary shall also be the <br /> Treasurer of the Authority. As Treasurer, he shall have <br /> the care and custody of all funds of the Authority and <br /> shall deposit the same in the name of the Authority in <br /> such bank or banks as the Council may select. He shall, <br /> with the authorized Director, sign all orders and checks <br /> for the payment of money and shall pay out and disburse <br /> such moneys under the direction of the Council of <br /> Directors. Except as otherwise authorized by resolution <br /> of the Council of Directors, all such orders and checks <br /> shall be countersigned by authorized Directors. He <br /> shall invest funds as directed. He shall keep regular <br /> books of accounts showing receipts and expenditures and <br /> shall render to the Authority, at each regular meeting <br /> (or more often when requested), an account of his <br /> transactions and also of the financial condition of the <br /> <br /> <br />