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F. Officers~ Duties; Bonds <br /> <br /> (1) The officers of the Authority shall be the Chair, Vice-Chair, Joint <br /> <br />Executive Directors, Secretary and Treasurer. <br /> <br /> (2) The Joint Executive Directors shall be the City Managers of Livermore and <br />Pleasanton. The Joint Executive Directors shall appoint the Authority's Fire Chief. <br /> <br /> (3) The Joint Executive Directors and the Fire Chief shall serve as a technical <br />advisory committee to the Board. <br /> <br /> (4) The City Clerk of Pleasanton is hereby designated as the Secretary. <br /> <br /> (5) The Director of Finance of Pleasanton is hereby designated as Treasurer of <br />the Authority. The Treasurer is designated as the depositary of the Authority to have custody of <br />all the money of the Authority, from whatever source, and, as suck shall have the powers, duties <br />and responsibilities specified in Section 6505.5 of the Act. <br /> <br /> (6) The Treasurer of the Authority designated is designated as the public <br />officer or person who has charge of, handles, or has access to any property of the Authority, and <br />such officer shall file an official bond in the amount of $25,000 as required by Section 6505.1 of <br />the Act; provided, that such bond shall not be required if the Authority do~s not possess or own <br />property or funds with an aggregate value of greater than $500.00. <br /> <br /> SECTION 5. POWERS <br /> <br /> The Authority is authorized, in its own name, to do all acts necessatSr for the exercise of <br />said powers for said purposes. Except as otherwise provided herein, such power shall be <br />exercised subject only to such restrictions upon the manner of exercising such power as are <br />imposed upon Livermore and Pleasanton in the exercise of similar powers, as provided in Section <br /> <br /> (AGREEMENT~VPLSJPA_SAM) ' 6 <br /> <br /> <br />