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the Ca~nnussioners, including fi.1.es of the minutes, publications of <br />meetings, and meeting agendas. 'the secretary shad also perform. such <br />functions as may be deemed necessary by the Chai~~. <br />3,~} Executive Du°ector -The Authority shall appoint an E~;ecutive Du~ector <br />and such other staff, permanent and temporary, that it deems necessary <br />to carr~r out the business of the Authority, The Executive Di~~ectar shall. <br />have the duties and responsibilities delegated by these by-lairs and as <br />assigned by the Authority. <br />A1~T~ CLE 4. <br />QUORUM 1~ND VOTING <br />~. l} uorum - A maj ority of the Commissioners in of6~.ce at any time shall <br />constitute a quorum for all purposes. Tn the case a quorum is not present <br />at any meeting, those present shall have the poorer to adjourn the <br />meeting, ~rithaut notice or other announcement at the meeting, until the <br />requisite number of Commissioners is present, and business ~rhich might <br />ha~Te been transacted at the meeting which ~c~as adjoin°ned ~.ay be <br />transacted at such ~.°econvened meeting. <br />~.~} ~rotin - ~n addition to a quorum being requia.~ed for each meeting of the <br />.Authority in order to transact business, a majority of au of the <br />Commissioners shah. be requi~°ed to approve any matter before the <br />Coxnmzssioners. <br />AR.'T~'C~ ~~ ,~. <br />~`~I~~AI~rCE AND C~N'r~AC'~~ <br />~.1~ Fiscal ~~ear - ~`he calendar Srear shall be the ~.scal gear of the Authority <br />for genet°al and admin.ist~~ative pu~~poses; p~~ovided, ho~reve~°, that othe~~ <br />fiscal years naay be established by resolution as requuRed or desusable for <br />specific purposes or undertakings of the .Authority. <br />~,~} Budget -The folio~~ring budgetar~r praceedi.ngs shall apply to the <br />transaction of business by the Authoz°it~~; <br />~p~.} A budget shall be prepared by the Executive Director. 'his budget <br />shall be presented to the Commissioners of the Authorit~r far <br />consider°atzan xn August of each yea~~. <br />~Q2} The budget shall include estimated revenues and the source of <br />revenues, tlae costs of the projects for the ensuing year, and the estimated <br />costs far staff personnel, as ~crell as the general administrative and <br />overhead costs estimated for the ensuing year, and a proposed bevy. <br />4 <br />