Common use of Officers; Duties; Official Bonds Clause in Contracts

Officers; Duties; Official Bonds. The officers of the Authority shall be the Chair, Vice-Chair, Secretary and Treasurer (defined below). The Board, in its capacity as administering agent of this Agreement, shall elect a Chair, a Vice-Chair, and a Secretary of the Authority from among Directors to serve until such officer is re-elected or a successor to such office is elected by the Board. The Board shall appoint one or more of its officers or employees to serve as treasurer, auditor, and controller of the Authority (the “Treasurer”) pursuant to Section 6505.6 of the Joint Exercise of Powers Act to serve until such officer is re-elected or a successor to such office is elected by the Board. Subject to the applicable provisions of any resolution, indenture, trust agreement or other instrument or proceeding authorizing or securing Bonds (each such resolution, indenture, trust agreement, instrument and proceeding being herein referred to as an “Indenture”) providing for a trustee or other fiscal agent, and except as may otherwise be specified by resolution of the Board, the Treasurer is designated as the depositary of the Authority to have custody of all money of the Authority, from whatever source derived and shall have the powers, duties and responsibilities specified in Sections 6505, 6505.5 and 6509.5 of the Joint Exercise of Powers Act. The Treasurer of the Authority is designated as the public officer or person who has charge of, handles, or has access to any property of the Authority, and such officer shall file an official bond with the Secretary of the Authority in the amount specified by resolution of the Board but in no event less than $1,000. The Board shall have the power to appoint such other officers and employees as it may deem necessary and to retain independent counsel, consultants and accountants. The Board shall have the power, by resolution, to the extent permitted by the Joint Exercise of Power Act or any other applicable law, to delegate any of its functions to one or more of the Directors or officers, employees or agents of the Authority and to cause any of said Directors, officers, employees or agents to take any actions and execute any documents or instruments for and in the name and on behalf of the Board or the Authority.

Appears in 8 contracts

Samples: Joint Exercise of Powers Agreement, Joint Exercise of Powers Agreement, Joint Exercise of Powers Agreement

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Officers; Duties; Official Bonds. a. The officers of the Authority shall be the Chair, Vice-Chair, Secretary and Treasurer (defined below). The Board, in its capacity as administering agent of this Agreement, Board shall elect a Chair, chair and vice chair from among the Delegates at the Board’s annual meeting who shall serve a Vice-Chairterm of one (1) year or until their respective successor is elected. The chair shall conduct the meetings of the Board and perform such other duties as may be specified by resolution of the Board. The vice chair shall perform such duties in the absence or in the event of the unavailability of the chair. b. The Board shall contract annually with RCRC to administer the Agreement and to provide administrative services to the Authority, and a Secretary the President and Chief Executive Officer of RCRC shall serve ex officio as Executive Director, Secretary, Treasurer, and Auditor of the Authority from among Directors Authority. As chief executive of the Authority, the Executive Director is authorized to serve until such officer execute contracts and other obligations of the Authority, unless prior Board approval is re-elected required by a third party, by law or a successor by Board specification, and to such office is elected perform other duties specified by the Board. The Board shall Executive Director may appoint one or more of its such other officers or employees to serve as treasurer, auditor, and controller may be required for the orderly conduct of the Authority (Authority’s business and affairs who shall serve at the “Treasurer”) pursuant to Section 6505.6 pleasure of the Joint Exercise of Powers Act to serve until such officer is re-elected or a successor to such office is elected by the BoardExecutive Director. Subject to the applicable provisions of any resolution, indenture, trust agreement indenture or other instrument or proceeding authorizing or securing Bonds (each such resolution, indenture, trust agreement, instrument and proceeding being herein referred to as an “Indenture”) resolution providing for a trustee or other fiscal agent, and except the Executive Director, as may otherwise be specified by resolution of the BoardTreasurer, the Treasurer is designated as the depositary of the Authority to have custody of all money custodian of the Authority’s funds, from whatever source derived and source, and, as such, shall have the powers, duties and responsibilities specified in Sections 6505, Section 6505.5 and 6509.5 of the Joint Exercise of Powers Act. The Treasurer Executive Director, as Auditor, shall have the powers, duties and responsibilities specified in Section 6505.5 of the Act. c. The Legislative Advocate for the Authority is designated as shall be the Rural County Representatives of California. d. The Treasurer and Auditor are public officer or person officers who has have charge of, handleshandle, or has have access to any all property of the Authority, and a bond for such officer shall file an official bond with the Secretary of the Authority in the amount specified by resolution of at least one hundred thousand dollars ($100,000.00) shall be obtained at the Board but in no event less than $1,000. The Board shall have the power to appoint such other officers and employees as it may deem necessary and to retain independent counsel, consultants and accountants. The Board shall have the power, by resolution, to the extent permitted by the Joint Exercise of Power Act or any other applicable law, to delegate any of its functions to one or more of the Directors or officers, employees or agents expense of the Authority and filed with the Executive Director. Such bond may secure the faithful performance of such officer’s duties with respect to cause any of said Directors, officers, employees or agents to take any actions and execute any documents or instruments for and another public office if such bond in at least the name and on behalf same amount specifically mentions the office of the Board or Authority as required herein. The Treasurer and Auditor shall cause periodic independent audits to be made of the Authority’s books by a certified public accountant, or public accountant, in compliance with Section 6505 of the Act. e. The business of the Authority shall be conducted under the supervision of the Executive Director by RCRC personnel.

Appears in 4 contracts

Samples: Joint Exercise of Powers Agreement, Joint Exercise of Powers Agreement, Joint Exercise of Powers Agreement

Officers; Duties; Official Bonds. a. The officers of the Authority shall be the Chair, Vice-Chair, Secretary and Treasurer (defined below). The Board, in its capacity as administering agent of this Agreement, Board shall elect a Chair, chair and vice chair from among the Delegates at the Board’s annual meeting who shall serve a Vice-Chairterm of one (1) year or until their respective successor is elected. The chair shall conduct the meetings of the Board and perform such other duties as may be specified by resolution of the Board. The vice chair shall perform such duties in the absence or in the event of the unavailability of the chair. b. The Board shall contract annually with RCRC to administer the Agreement and to provide administrative services to the Authority, and a the President and Chief Executive Officer of RCRC shall serve ex officio as Executive Director and Secretary of the Authority from among Directors Authority. The Chief Financial Officer of RCRC shall likewise serve ex officio as the Chief Financial Officer, Treasurer, and Auditor of the Authority. As chief executive of the Authority, the Executive Director is authorized to serve until such officer execute contracts and other obligations of the Authority, and to adopt administrative, personnel, accounting, and similar internal policies for the operation of the Authority, unless prior Board approval is re-elected required by a third party, by law or a successor by Board specification, and to such office is elected perform other duties specified by the Board. The Board shall Executive Director may appoint one or more of its such other officers or employees to serve as treasurer, auditor, and controller may be required for the orderly conduct of the Authority (Authority’s business and affairs who shall serve at the “Treasurer”) pursuant to Section 6505.6 pleasure of the Joint Exercise of Powers Act to serve until such officer is re-elected or a successor to such office is elected by the BoardExecutive Director. Subject to the applicable provisions of any resolution, indenture, trust agreement indenture or other instrument or proceeding authorizing or securing Bonds (each such resolution, indenture, trust agreement, instrument and proceeding being herein referred to as an “Indenture”) resolution providing for a trustee or other fiscal agent, and except the Chief Financial Officer, as may otherwise be specified by resolution of the BoardTreasurer, the Treasurer is designated as the depositary of the Authority to have custody of all money custodian of the Authority’s funds, from whatever source derived and source, and, as such, shall have the powers, duties and responsibilities specified in Sections 6505, Section 6505.5 and 6509.5 of the Joint Exercise of Powers Act. The Treasurer Chief Financial Officer, as Auditor, shall have the powers, duties and responsibilities specified in Section 6505.5 of the Act. c. The Legislative Advocate for the Authority is designated as shall be the Rural County Representatives of California. d. The Treasurer and Auditor are public officer or person officers who has have charge of, handleshandle, or has have access to any all property of the Authority, and a bond for such officer shall file an official bond with the Secretary of the Authority in the amount specified by resolution of at least one hundred thousand dollars ($100,000.00) shall be obtained at the Board but in no event less than $1,000. The Board shall have the power to appoint such other officers and employees as it may deem necessary and to retain independent counsel, consultants and accountants. The Board shall have the power, by resolution, to the extent permitted by the Joint Exercise of Power Act or any other applicable law, to delegate any of its functions to one or more of the Directors or officers, employees or agents expense of the Authority and filed with the Executive Director. Such bond may secure the faithful performance of such officer’s duties with respect to cause any of said Directors, officers, employees or agents to take any actions and execute any documents or instruments for and another public office if such bond in at least the name and on behalf same amount specifically mentions the office of the Board or Authority as required herein. The Treasurer and Auditor shall cause periodic independent audits to be made of the Authority’s books by a certified public accountant, or public accountant, in compliance with Section 6505 of the Act. e. The business of the Authority shall be conducted under the supervision of the Executive Director by RCRC personnel.

Appears in 2 contracts

Samples: Joint Exercise of Powers Agreement, Joint Exercise of Powers Agreement

Officers; Duties; Official Bonds. a. The officers of the Authority shall be the Chair, Vice-Chair, Secretary and Treasurer (defined below). The Board, in its capacity as administering agent of this Agreement, Board shall elect a Chair, chair and vice chair from among the Delegates at the Board’s annual meeting who shall serve a Vice-Chairterm of one (1) year or until their respective successor is elected. The chair shall conduct the meetings of the Board and perform such other duties as may be specified by resolution of the Board. The vice chair shall perform such duties in the absence or in the event of the unavailability of the chair. b. The Board shall contract annually with RCRC to administer the Agreement and to provide administrative services to the Authority, and a Secretary the President and Chief Executive Officer of RCRC shall serve ex officio as Executive Director, Secretary, Treasurer, and Auditor of the Authority from among Directors Authority. As chief executive of the Authority, the Executive Director is authorized to serve until such officer execute contracts and other obligations of the Authority, and to adopt administrative, personnel, accounting, and similar internal policies for the operation of the Authority, unless prior Board approval is re-elected required by a third party, by law or a successor by Board specification, and to such office is elected perform other duties specified by the Board. The Board shall Executive Director may appoint one or more of its such other officers or employees to serve as treasurer, auditor, and controller may be required for the orderly conduct of the Authority (Authority’s business and affairs who shall serve at the “Treasurer”) pursuant to Section 6505.6 pleasure of the Joint Exercise of Powers Act to serve until such officer is re-elected or a successor to such office is elected by the BoardExecutive Director. Subject to the applicable provisions of any resolution, indenture, trust agreement indenture or other instrument or proceeding authorizing or securing Bonds (each such resolution, indenture, trust agreement, instrument and proceeding being herein referred to as an “Indenture”) resolution providing for a trustee or other fiscal agent, and except the Executive Director, as may otherwise be specified by resolution of the BoardTreasurer, the Treasurer is designated as the depositary of the Authority to have custody of all money custodian of the Authority’s funds, from whatever source derived and source, and, as such, shall have the powers, duties and responsibilities specified in Sections 6505, Section 6505.5 and 6509.5 of the Joint Exercise of Powers Act. The Treasurer Executive Director, as Auditor, shall have the powers, duties and responsibilities specified in Section 6505.5 of the Act. c. The Legislative Advocate for the Authority is designated as shall be the Rural County Representatives of California. d. The Treasurer and Auditor are public officer or person officers who has have charge of, handleshandle, or has have access to any all property of the Authority, and a bond for such officer shall file an official bond with the Secretary of the Authority in the amount specified by resolution of at least one hundred thousand dollars ($100,000.00) shall be obtained at the Board but in no event less than $1,000. The Board shall have the power to appoint such other officers and employees as it may deem necessary and to retain independent counsel, consultants and accountants. The Board shall have the power, by resolution, to the extent permitted by the Joint Exercise of Power Act or any other applicable law, to delegate any of its functions to one or more of the Directors or officers, employees or agents expense of the Authority and filed with the Executive Director. Such bond may secure the faithful performance of such officer’s duties with respect to cause any of said Directors, officers, employees or agents to take any actions and execute any documents or instruments for and another public office if such bond in at least the name and on behalf same amount specifically mentions the office of the Board or Authority as required herein. The Treasurer and Auditor shall cause periodic independent audits to be made of the Authority’s books by a certified public accountant, or public accountant, in compliance with Section 6505 of the Act. e. The business of the Authority shall be conducted under the supervision of the Executive Director by RCRC personnel.

Appears in 2 contracts

Samples: Joint Exercise of Powers Agreement, Joint Exercise of Powers Agreement

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Officers; Duties; Official Bonds. The officers of the Authority shall be the Chair, Vice-Chair, Secretary and Treasurer (defined below). The Board, in its capacity with the City’s Mayor serving as administering agent of this Agreement, shall elect a Chair, a and the mayor’s appointee serving as Vice-Chair, and a Secretary of the Authority from among Directors to serve until such officer is re-elected or a successor to such office is elected by the Board. The Board shall appoint one or more of its officers or employees to serve as treasurerExecutive Director, auditorTreasurer, Auditor, and controller Controller of the Authority (the “Treasurer”) pursuant to Section 6505.6 of the Joint Exercise of Powers Act to serve until such officer is re-elected or a successor to such office is elected by the BoardPower Act. Subject to the applicable provisions of any resolution, indenture, trust agreement or other instrument or proceeding authorizing or securing Bonds (each such resolution, indenture, trust agreement, instrument and proceeding being herein referred to as an "Indenture") providing for a trustee or other fiscal agent, agent and except as may otherwise be specified by resolution of the Board, the Treasurer is designated as the depositary of the Authority to have custody of all money of the Authority, from whatever source derived and shall have the powers, duties and responsibilities specified in Sections 6505, 6505.5 and 6509.5 of the Joint Exercise of Powers Act. The Treasurer of the Authority is designated as the public officer or person who has charge of, handles, or has access to any property of the Authority, and such officer shall file an official bond with the Secretary of the Authority in the amount specified by resolution of the Board but in no event less than $1,000. The Board Executive Director shall have the power to appoint such other officers and employees as it may deem necessary and to retain independent counsel, consultants and accountants. The Board shall have the power, by resolution, to the extent permitted by the Joint Exercise of Power Act or any other applicable law, to delegate any of its functions to one or more of the Directors or officersBoard Members, employees or agents of the Authority and to cause any of said Directors, officersBoard Members, employees or agents to take any actions and execute any documents or instruments for and in the name and on behalf of the Board or the Authority.

Appears in 1 contract

Samples: Joint Exercise of Powers Agreement

Officers; Duties; Official Bonds. The officers President of the City Council shall serve as the Chair of the Authority and the Council President Pro Tem shall serve as the Vice-Chair of the Authority. The Chair and the Vice-Chair shall have the duties set forth in the rules and regulations of the Authority. The Secretary of the Authority shall be the Chair, Vice-Chair, Secretary and Treasurer (defined below)City Clerk of the City. The Board, in its capacity as administering agent Secretary shall keep the records of this Agreementthe Authority, shall elect a Chair, a Vice-Chair, and a act as the Secretary at the meetings of the Authority from among Directors and record all votes, and shall keep a record of the proceedings of the Authority, and shall perform all duties incident to serve until such officer is re-elected or a successor to such office is elected by the Boardoffice. The Board Chief Financial Officer of the City shall appoint one or more of its officers or employees to serve as treasurer, auditor, be the treasurer and controller of the Authority (the “Treasurer”) pursuant to and shall have the powers, duties and responsibilities specified in Section 6505.6 6505.5 of the Joint Exercise of Powers Act to serve until such officer is re-elected or a successor to such office is elected by the BoardAct. Subject to the applicable provisions of any resolution, indenture, trust agreement indenture or other instrument or proceeding authorizing or securing Bonds (each such resolution, indenture, trust agreement, instrument and proceeding being herein referred to as an “Indenture”) providing for a trustee or other fiscal agent, and except as may otherwise be specified by resolution of the Board, the Treasurer is designated as the depositary of the Authority to have custody of all money of the Authority, from whatever source derived and shall have the powers, duties and responsibilities specified in Sections 6505, 6505.5 and 6509.5 of the Joint Exercise of Powers Actderived. The Treasurer of the Authority is designated as the public officer or person who has charge of, handles, or has access to any property of the Authority, and such officer shall file an official bond with the Secretary of the Authority in the amount specified each such officer determines is necessary as required by resolution Section 6505.1 of the Board but in no event less Act; provided that such bond shall not be required if the Authority does not possess or own property or funds with an aggregate value of greater than $1,0001.500.00. The Board City Attorney shall be the General Counsel to the Authority. The Commission shall have the power to appoint such other officers and employees as it may deem necessary and to retain independent counsel, consultants and accountants. The Board Commission shall have the power, by resolution, to the extent permitted by the Joint Exercise of Power Act or any other applicable law, to delegate any of its functions to one or more of the Directors members of the Commission or officers, employees officers or agents of the Authority and to cause any of said Directorsmembers, officers, employees officers or agents to take any actions and execute any documents or instruments for and in the name and on behalf of the Board Commission or the Authority.

Appears in 1 contract

Samples: Joint Exercise of Powers Agreement

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