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• (01) All construction work and work of demolition and clearing,contracts for services or <br /> for repairs,maintenance and replacements,and every purchase of equipment,supplies or <br /> materials and contracts therefor shall be in accordance with the procurement policies,if any, <br /> established by resolution of the Authority. <br /> (02) Approval of Contract by Attorney- Except for the purchase of expendable office <br /> supplies,no contract shall be made by the Authority through any officer or employee except <br /> in writing approved as to form by the attorney for the Authority. <br /> (03) Execution of Contracts -Unless otherwise directed by the Authority or required by <br /> the State or Federal agencies furnishing funds to the Authority, all contracts shall be <br /> executed on behalf of the Authority by any two of the officers of the Authority,or one <br /> officer of the Authority and the Executive Director. <br /> 6.3) Disbursements <br /> (01) Federal Funds -All funds received from the Government of the United States or any <br /> of its agencies shall be disbursed and accounted for in accordance with the regulations or <br /> requirements from time to time made by the Federal agencies furnishing said funds to the <br /> Authority. <br /> (02) Official Depository-All monies received by the Authority from any source <br /> whatsoever shall be deposited in approved bank accounts of the Authority and shall be <br /> disbursed only by check,except that petty cash funds not exceeding One Hundred Dollars <br /> ($100) at any time may be maintained by the Authority. <br /> (03) Checks -All checks drawn on bank accounts of the Authority shall indicate the fund <br /> and,in the case of a project,the project to be charged. All checks shall be signed by the two <br /> designated Commissioners of the Authority,or one officer of the Authority and the <br /> Executive Director. <br /> ARTICLE 7. <br /> AMENDMENTS <br /> These Bylaws may be amended at any regular meeting of the Authority provided that notice of such <br /> proposed amendment shall be given to each Commissioner by registered or certified mail a <br /> minimum of ten (10) days prior to such meeting. Amendment of the Bylaws shall be in accordance <br /> with procedural and voting requirements established by these Bylaws or by resolution of the <br /> Authority. <br /> Adopted this 25th day of November, 1996. <br /> • Commissioner <br />