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10) To act as agent for receipt, custody and disbursement of funds, gifts or other funds <br /> paid or given by the contracting cities on behalf of, or, for the use of the Department. <br /> 11) To act as agent for any contracts of indebtedness and loans made in the names of the <br /> eentacting cities for the benefit of the Department. <br /> 12) To cause an annual audit to be made of all its accounts, books, vouchers and funds. <br /> 13) To recommend appointment of a Chief of Police. The appointment of the Chief of <br /> Police shall be subject to the approval of the City Councils of all member cities. <br /> 14) In exercising its powers under this Section, the Police Commission shall adopt and be <br /> governed by the rules and regulations known as "Rules and Regulations — Joint Powers <br /> Police Department ", a copy of which shall be attached to this Agreement. The rules <br /> and amendments to the rules must be provided to all City Councils. <br /> 15) Direct any revenues received from fines for criminal violations or cost of prosecution <br /> to the city prosecuting the violation. <br /> 16) To make a financial accounting and report to the cities on or before July 1st of each <br /> year. Upon request, during normal business hours, financial records shall be open to <br /> examination by the cities. <br /> 17) To meet with the Chief of Police regarding operations and administrative concerns on <br /> a monthly basis. <br /> 18) To approve budgeted expenditures during their monthly meetings. Non - <br /> budgeted expenditures shall be submitted for approval at a special or regular <br /> meeting of the Police Commission. Non - budget expenditures also require the <br /> approval of member cities. A monthly bill list shall be submitted to each city <br /> following the Police Commission meeting. <br /> Officers authorized to make disbursement shall be bonded in an amount to be determined and <br /> approved by the Police Commission before entering into the performance of their duties. <br /> SECTION VI <br /> POLICE DEPARTMENT EQUIPMENT, <br /> LAND AND BUILDINGS <br /> 6.1 Equipment. Each of the cities to this Agreement has contributed to the Department for its <br /> use and benefit, the cities' existing police equipment. The Police Commission shall control the <br /> use of such contributed equipment. All expenses relating to the maintenance and repair of such <br /> equipment shall be an operating expense of the Department. <br /> - 5 - <br />