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5. EDSR 04-12-2010
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5. EDSR 04-12-2010
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7/18/2013 3:34:06 PM
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4/9/2010 11:15:53 AM
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City Government
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4/12/2010
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officer to any other officer or any commissioner whom it may select. <br /> 3.3) Vacancies -Vacancies in office arising from any cause may be filled by the <br /> Authority at its annual meeting or at any regular or special meeting. <br /> 3.4) Staff-The Authority shall appoint an Executive Director and such other staff as <br /> it deems necessary to carry out the business of the Authority, and may determine their <br /> duties, qualifications, and compensation. <br /> (01) The Executive Director shall have the duties and responsibilities delegated by <br /> these bylaws and as assigned by the Authority. <br /> (02) The Authority may delegate to its staff, employees, or agents such powers or <br /> duties as it may deem proper. <br /> 3.5) Consultants -The Authority may contract for the services of consultants as <br /> needed to perform its duties and exercise its powers. <br /> (01) The fees,if any, of all contracted agents or consultants of the Authority shall be <br /> fixed by the Board of Commissioners. <br /> (02) The Authority shall use the services of the City Attorney as its chief legal <br /> advisor. <br /> ARTICLE 4. <br /> FINANCE AND CONTRACTS <br /> 4.1) Fiscal Year - The fiscal year of the Authority shall be the same as the fiscal year <br /> of the City. <br /> 4.2) Budget - The following budgetary proceedings shall apply to the transaction of <br /> business by the Authority: <br /> (01) A budget shall be prepared by the Treasurer in accordance with the Statute. The <br /> Treasurer shall present the budget to the Commissioners of the Authority for <br /> consideration each year at such time as established by the Authority. <br /> (02) The budget shall include estimated revenues, the source of revenues and an <br /> estimate of the amount of money needed from the City, the costs of projects for the <br /> ensuing year, the estimated costs for staff personnel, and the purposes to which <br /> money on hand is to be applied, as well as the general administrative and overhead <br /> costs estimated for the ensuing year, and a proposed levy. <br /> (03) After full consideration of the budget, the Commissioners of the Authority shall <br /> approve it and the President of the Authority shall submit the budget to the City <br /> Council. <br />
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