Laserfiche WebLink
and shall pay out and disburse such monies <br /> under the direction of the Board. Except as <br /> otherwise authorized by resolution of the <br /> Board of Commissioners, all such orders and <br /> checks shall be countersigned by authorized <br /> Commissioners. He shall invest funds as <br /> directed. <br /> <br /> (4) He shall keep regular books of accounts <br /> showing receipts and expenditures and shall <br /> render to the Authority, at each regular <br /> meeting (or more often when requested), an <br /> account of his transactions and also of the <br /> financial condition of the Authority. He <br /> shall be bonded for the faithful performance <br /> of his duties as the Board may determine. <br /> <br />(e) Additional Duties - The officers of the Board <br /> shall perform such other duties and functions as <br /> may be required by the Board or the By-Laws or <br /> rules and regulations of the Authority. <br /> <br />(f) Election or Appointment <br /> <br /> (1) The Chairperson and Vice Chairperson shall be <br /> elected by a majority vote at the annual <br /> meeting of the Board from among the Commissioners <br /> of the Authority, and shall hold office for <br /> one year or until their successors are elected <br /> and qualified. <br /> <br /> (2) The Executive Secretary shall be appointed by <br /> the Board. Any person appointed to fill the <br /> office of Executive Secretary, or any vacancy <br /> therein, shall serve at the pleasure of the <br /> Board. <br /> <br /> (g) Vacancies - Should the offices of Chairperson or <br /> Vice Chairperson become vacant, the Board shall <br /> elect a successor from its membership at the next <br /> regular meeting, and such election shall be for <br /> the unexpired terms of said office. <br /> <br /> (h) Additional Personnel - The Board may employ such <br /> personnel as it deems necessary to exercise its <br /> powers, duties and functions as prescribed by the <br /> Housing Authorities Law of California and all <br /> other laws of the State of California applicable <br /> thereto. The selection and compensation of such <br /> personnel (including the Executive Secretary) <br /> shall be determined by the Board subject to the <br /> laws of the State of California. <br /> <br /> -8- <br /> <br /> <br />