RES 07147 - Laserfiche WebLink

(1) The Board shall elect armuatiy a Chair from among its rrrernbersttip to preside at meetings and shall select a Secretary who may, but need not, be a Director. The Board may, Fran time to time, elect such other officers as the Board shag deem rteoessary or convenient b conduct the affairs of the Authority. (2) The Board may adopt by r~esdution rules ~ procedure, not inoonsisthrtt with the provisions of this Agreement, b govern the conduct of its meetings. Such rules of procedure shall be in aooordarxs3 with the Ralph M. Brown Ad (Govemmen# Code Section 54950 et seq.). (3) Directors of the Board and designated officals and employees, ff any, shall comply with the Political Reform Act of 1974, Tile 9 of the Caliiomia t;ovemment Code (commencing with Section 81000 et seq.). d. Fisc>~ Matters. (1) Treasurer and Auditor. (A) as provided in Subsectlon (C), below, the treasurer and auditor of County, respectivey-, are designated the Treasurer' and Auditor of the Authority with the powers, duties, and responsibilities specified in the Act, including, without Qmitatiar, Sections 6505 and 6505.5 thereof. (B) The Board shall desgnate a certified public accountant as the independent auditor of the Authority with the powers, duties, and responsbilities speafied ~ the Act, indudwtg, Without limitation, Sections 6505 arx16505.5. (C) Notwithstanding Subsection (A) above, the Board may at any time appoint one a more of the Authorityrs officers oremployees b eithera both of the positions of Treasurer a Audibr as provided in the Act. (2) Cusfiodian of Pnxrefir. The Treasurer and Auditor of the Authority shad be the public officers who have dtarge of, handle, and have access ta, the Authority's property and shall fie with the Autl~ority an official bond h the amount set by the Board. (3) Accounts and Reoorts. The Board shall establish and maintain such funds and accounts as may be required by generally accepted public accounting practice. The books ~d recalls of the Aulhoritlr shah be open b ~spection at ~ reasonable times th the Members and their respective representatives. The accounts shall be prepared and nreintained by the Treasurer and Auditiorof the Authoriiyt. The Authority) shall, within one hundred twenty (120) days after tits dose of each fiscal year, crease an independent audit of all fmancal activities for such fecal yeaz b be prepared by the independent certified public aooountant employed by the Authority in accadartoe with Government Code Section 6505. The Authority shah promptly deliver copies ~ the atxlit report ib each member of the Board and the Members. ,laiM Exer~e d Powers Agaemeru for Uie Fast Bay R~eybnal t.ornmmk:atlons System nun~orlty 7 of 11 Foal Agreert~ent: May 22, 200? ~