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ARTICLE 3. <br /> OFFICERS AND STAFF <br /> 3.1) Officers - The officers of the Authority shall consist of a President, a Vice <br /> President, a Treasurer, a Secretary, and an Assistant Treasurer. The Authority shall elect <br /> the President,Vice President, Treasurer, and Secretary annually. The offices of President <br /> and Vice President may not be held by the same Commissioner concurrently. <br /> (01) President-The President,who shall be selected from among the Commissioners, shall <br /> preside at all meetings of the Commissioners, and shall have general charge of and control <br /> over the affairs of the Authority subject to the approval of the Commissioners. The <br /> President shall sign or countersign all certificates, contracts, and other instruments of the <br /> Authority as authorized by the Authority. <br /> (02) Vice President-The Vice President,who shall be selected from among the <br /> Commissioners, shall preside at all meetings of the Commissioners in the absence of the <br /> President and shall perform such duties as may be assigned to him by the Commissioners. In <br /> case of death,retirement,resignation, or disability of the President, the Vice President shall <br /> perform and be vested with all the duties and powers of the President. <br /> (03) Treasurer-The Treasurer,who shall be selected from among the Commissioners, shall <br /> receive and is responsible for Authority money and for acts of the Assistant Treasurer. The <br /> Treasurer shall disburse authority money by check only and keep an account of the source of <br /> all receipts and the nature,purpose, and authority of all disbursements. By March 31 of each <br /> year, the Treasurer shall file with the Secretary detailed financial statements of the Authority <br /> covering the financial operations of the Authority during the twelve (12) month period <br /> ending on December 31 of the current year. The Treasurer shall provide a bond as required <br /> by law. <br /> (04) Secretary-The Secretary shall be responsible for taking and preparing minutes of each <br /> meeting of the Authority. Further, the Secretary shall be responsible for maintaining any <br /> appropriate files as deemed necessary by the Commissioners,including files of the minutes, <br /> publications of meetings, and meeting agenda.The Secretary shall also perform such <br /> functions as may be deemed necessary by the President. <br /> (05) Assistant Treasurer- The Assistant Treasurer shall have the powers and duties of the <br /> Treasurer if the Treasurer is absent or disabled. <br /> 3.2) Absentee - In the case of the absence or inability to act of any officer of the Authority <br /> or of any person authorized by these Bylaws to act in place of the officer, the Board of <br /> Commissioners may from time to time delegate the powers or duties of such officer to any other <br /> officer or any commissioner whom it may select. <br /> 3.3) Vacancies -Vacancies in office arising from any cause may be filled by the Authority at <br /> its annual meeting or at any regular or special meeting. <br />