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