res_9325 - Laserfiche WebLink

Home

Section 3. The President and the Secreta..ry-Treasurer must sign vouchers or orders disbursing pJ.nds of the I35W Corridor Coalition. Disbursement will be made in the method prescribed by law for statutory cities. Section 4. The board may in its by-laws provide for and define the duties of such other officers as it determines necessary fÌ'om time to time. Section 5. The board may in its by-laws provide fOf such committees as it determines necessary fÌ'om time to time. A by-law providing for an executive committee and defining the powers and duties of an executive committee may be adopted only by a favorable vote of all members of the board. ARTICLE VIII. POWERS AND DUTIES Section I. The board may take such actions as it deems necessary and convenient to accomplish the general purposes of this agreement. Section 2. The board may: a) enter into contfacts to carry out its powers and duties; b) provide for the prosecution, defense, or other participation in proceedings at law or in equity in which it may have an interest; c) employ such persons as it deems necessary on a part-time, full-time or consultant basis; d) purchase, hold or dispose of real and personal property; e) contract for space, commodities or personal services with a member or group of mpmhpr..· .........-..............-......., f) accept gifts, apply for and use grants or loans of money or other property fÌ'om the state, the United States of Âmerica, and Îrom other governmental uniis and may enter into agreements in connection therewith and hold, use and dispose of such money or property in accordance with the terms of the gift, grant, loan or agreement relating .1...l"t.......o.+_ Ul~~~LU. g) collect and analyze data, develop strategic recommendations and implement marketing programs for the purpose of economic development and retention of existing businesses within the jurisdiction of areas of operation of the parties. '" U'T'TroT 1:::' TV 1:::'Tl\.T '" l'\.TroT '" T lI<Jr '" 'T"T'1:::'UQ ~l.l'-'LL .lA. .l'.ll'lr\.l'l'-'.l1""'U..J lV.lr\..l ~L.l'-IJ Section 1. The fiscal year of the 135W Corridor Coalition is the calender year, with the understanding the initial year of operation will be a short year. Section 2. The board shall adopt an initial budget and must thereafter adopt an annual budget prior to July 1 of each year. The board will give an opportunity to each member to comment or object to the proposed budget before adoption. Notice of the adopted budget must be mailed promptly thereafter to the chief administrative officer of each member. The budget is deemed approved by each member unless, prior to October 10th of that year a member gives written notice to the Secretary-Treasurer that the member is withdrawing at the end of the year as provided in this agreement. 5