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<br />Section 5. The secretary shall be responsible for keeping a <br />record of all of the proceedings of the Commission and executive <br />committee. <br />Section 6. The treasurer shall be responsible for custody <br />of all funds, for the keeping of all financial records of the <br />Commission and for such other matters as shall be delegated by <br />the Commission. The Commission may require that the treasurer <br />post a fidelity bond or other insurance against loss of Commis- <br />sion funds in an amount approved by the Commission, at the <br />expense of the Commission. Said fidelity bond or other insurance <br />may cover all persons authorized to handle funds of the Commis- <br />sion. <br /> <br />Section 7. The Commission may appoint such other offices as <br />it deems necessary. All such officers shall be appointed from <br />the membership of the commission. <br />X. FrNANCIALMATTERS <br />Section I. The fiscal year-of the Commission shall be the <br />calendar year. <br />Section 2. Commission funds may be expended by the Commis- <br />sion in accordance with the procedures established by law for the <br />expenditure of funds by Minnesota Statutory Cities. Orders, <br /> <br />checks and drafts must be signed by any two of the officers. <br />other legal instruments shall be executed with authority of the <br />Commission, by the chair and treasurer. Contracts shall be let <br /> <br />and purchases made in accordance with the procedures established <br />by law for Minnesota Statutory cities. <br /> <br />9 <br />