RESPONSIBILITIES FOR FUNDS AND PROPERTY Sample Clauses

RESPONSIBILITIES FOR FUNDS AND PROPERTY. The Treasurer of the Board shall have the custody of and disburse the Authority’s funds. He or she may delegate disbursing authority to such persons as may be authorized by the Board of Directors to perform that function consistent with Government Code Section 6505.6, subject to the requirements of (b) below. Pursuant to Government Code Section 6505.5, the Treasurer of the Board shall: (a) Receive and acknowledge receipt for all funds of the Authority and place them in the treasury so designated by the Treasurer of the Board to the credit of the Authority. (b) Be responsible upon his or her official bond for the safekeeping and disbursements of all Authority funds so held by him or her. (c) Be responsible for oversight of payment, when due, out of money of the Authority so held, all sums payable by the Authority. The Board of Directors may delegate authority to anybody or person to make such payments from Authority funds. (d) Verify and report in writing to the Authority and to Members, as of the first day of each quarter of the Fiscal Year, the amount of money then held for the Authority, the amount of receipts since the last report, and the amount paid out since the last report. Pursuant to Government Code Section 6505.1, the Authority shall designate the public office or officers or person(s) who shall have charge of, handle, and have access to the property of the Authority and shall require such officer(s) or person(s) to file an official bond in amount fixed by the contracting parties.

RESPONSIBILITIES FOR FUNDS AND PROPERTY. (a) The Treasurer shall have the custody of and disburse PRISM's funds. He or she may delegate disbursing authority to such persons as may be authorized by the Board of Directors to perform that function, subject to the requirements of (b) below. (b) Pursuant to Government Code Section 6505.6, the Treasurer shall: (1) Receive and acknowledge receipt for all funds of PRISM and place them in the treasury of the Treasurer to the credit of PRISM. (2) Be responsible upon his or her official bond for the safekeeping and disbursements of all PRISM funds so held by him or her. (3) Pay any sums due from PRISM, as approved for payment by the Board of Directors or by any body or person to whom the Board of Directors has delegated approval authority, making such payments from PRISM funds upon warrants drawn by the Auditor. (c) Pursuant to Government Code Section 6505.1, the Chief Executive Officer, the Treasurer, and such other persons as the Board of Directors may designate shall have charge of, handle, and have access to the property of PRISM. (d) PRISM shall secure and pay for a fidelity bond or bonds, in an amount or amounts and in the form specified by the Board of Directors, covering all officers and staff of PRISM, and all officers and staff who are authorized to have charge of, handle, and have access to property of PRISM.

RESPONSIBILITIES FOR FUNDS AND PROPERTY. 17.1 The Secretary/Treasurer, or his or her designee, shall have the custody of and disburse the Agency’s funds. Proceeds of similar obligations of the Agency may be deposited with a trustee, agent or other depositary and shall not be considered the Agency’s funds for purposes of this Article. The Secretary/Treasurer may delegate disbursements to persons as may be authorized by the Board or the Executive Committee to perform that function, subject to the requirements of Section 17.2 below. 17.2 The Secretary/Treasurer or designee shall perform all functions then required to be performed by the Treasurer under the Joint Powers Law. The Secretary/Treasurer shall review the financial statements and the annual audit of the Agency. 17.3 Pursuant to Government Code Section 6505.1, as amended, the Executive Director, the Secretary/Treasurer, and other persons as the Board may designate, shall have charge of, handle, and have access to the property of the Agency. The Agency shall secure and pay for a fidelity bond or bonds, in an amount or amounts and in a form specified by the Board of Directors, covering any officers or agents of the Agency who are authorized to hold or disburse funds of the Agency and any officers or agents who are authorized to have charge of, handle and have access to property of the Agency.

RESPONSIBILITIES FOR FUNDS AND PROPERTY. The Secretary/Treasurer, or his or her designee, shall have the custody of and disburse CHAC’s funds. Proceeds of similar obligations of CHAC may be deposited with a trustee, agent or other depositary and shall not be considered CHAC’s funds for purposes of this Section. The Secretary/Treasurer may delegate disbursements to persons as may be authorized by the Board to perform that function.

RESPONSIBILITIES FOR FUNDS AND PROPERTY. (a) The Auditor-Treasurer shall have the custody of and disburse the Alliance's funds. He or she may delegate disbursing authority to such persons as may be authorized by the Board of Directors to perform that function, subject to the requirements of (b) below. (b) Pursuant to Government Code Section 6505.5, the Auditor-Treasurer shall: (1) Receive and acknowledge receipt of all funds of the Alliance and place them in the treasury to the credit of the Alliance; (2) Be responsible upon his or her official bond for the safekeeping and disbursements of all Alliance funds so held by him or her; (3) Pay any sums due from the Alliance, as approved for payment by the Board of Directors or by any body or person to whom the Board of Directors has delegated approval authority, making such payments from Alliance funds upon warrants drawn by the Auditor; (4) Verify and report in writing to the Alliance and to the Parties, as of the first day of each quarter of the fiscal year, the amount of money then held for the Alliance, the amount of receipts since the last report, and the amount paid out since the last report; (c) Pursuant to Government Code Section 6505.1, the Chair, the Vice Chair, and such other persons as the Board of Directors may designate, shall have charge of, handle, and have access to the property of the Alliance; (d) The Alliance shall secure and pay for a fidelity bond or bonds, in an amount or amounts and in the form specified by the Board of Directors, covering all officers and staff of the Alliance, and all officers and staff who are authorized to have charge of, handle, and have access to property of the Alliance.

RESPONSIBILITIES FOR FUNDS AND PROPERTY. (a) The Treasurer shall have custody of and disburse CCA funds. He or she may delegate disbursing authority to such persons as may be authorized by the Executive Committee to perform that function, subject to the requirements of (b) below. (b) Pursuant to Government Code Section 6505.5, the Treasurer shall: i. Receive and acknowledge receipt for all funds of CCA and place them in the treasury of the Treasurer to the credit of CCA. ii. Be responsible upon his or her official bond for the safekeeping and disbursement of all CCA funds so held by him or her. iii. Pay any sums due from CCA, as approved for payment by the Executive Committee or by any body or person to whom the Board has delegated approval authority, making such payments from Authority funds upon warrants drawn by the Treasurer. All warrants of CCA shall be signed by two persons as designated by the Board; provided, however, that the Board may, by resolution, authorize imprest accounts for expenditures of funds in limited amounts for which only one authorized signatory shall be required on the instrument. iv. Verify and report in writing to the Board and to Member Agencies, as of the first day of each quarter of the fiscal year, the amount of money then held for CCA, the amount of receipts since the last report, and the amount paid out since the last report. (c) Pursuant to Government Code Section 6505.1, the Executive Director, the Treasurer and such other persons as the Board of Directors may designate shall have charge of, handle and have access to the property of CCA.

RESPONSIBILITIES FOR FUNDS AND PROPERTY. (a) The Auditor-Treasurer shall have the custody of and disburse the Authority's funds. He or she may delegate disbursing authority to such persons as may be authorized by the Board of Directors to perform that function, subject to the requirements of (b) below. The Auditor-Treasurer shall hold and prudently invest any funds for which he or she has custody consistent with the Investment Policy of the Authority. The Auditor-Treasurer’s primary objective in holding and investing such funds shall be: first, to safeguard the principal of such funds under his or her control; second, to meet the liquidity needs of the Authority; and third, to achieve a return on such funds under his or her control.

RESPONSIBILITIES FOR FUNDS AND PROPERTY. (a) The Treasurer-Auditor shall have custody of and disburse the Authority's funds. He or she may delegate disbursing authority to such persons as may be authorized by the Executive Board to perform that function, subject to the requirements of (b) below. (b) Pursuant to Government Code Section 6505.5, the Treasurer-Auditor shall: i. Receive and acknowledge receipt for all funds of the Authority and place them in the treasury of the Treasurer-Auditor to the credit of the Authority. ii. Be responsible upon his or her official bond for the safekeeping and disbursement of all Authority funds so held by him or her. iii. Pay any sums due from the Authority, as approved for payment by the Executive Board or by any body or person to whom the Board has delegated approval authority, making such payments from Authority funds upon warrants drawn by the Treasurer- Auditor. All warrants of the Authority shall be signed by two persons as designated by the Board; provided, however, that the Board may, by resolution, authorize imprest accounts for expenditures of funds in limited amounts for which only one authorized signatory shall be required on the instrument. iv. Verify and report in writing to the Authority and to Member Agencies, as of the first day of each quarter of the fiscal year, the amount of money then held for the Authority, the amount of receipts since the last report, and the amount paid out since the last report. (c) Pursuant to Government Code Section 6505.1, the Program Director, the Treasurer- Auditor and such other persons as the Board of Directors may designate shall have charge of, handle and have access to the property of the Authority. (d) The Authority shall secure and pay for a fidelity bond or bonds, in an amount or amounts and in form specified by the Board of Directors, covering the Treasurer-Auditor and all other officers and staff of the Authority who are authorized to hold or disburse funds of the Authority, and all other officers and staff who are authorized to have charge of, handle, and have access to property of the Authority.

RESPONSIBILITIES FOR FUNDS AND PROPERTY. The Treasurer of the Board shall have the custody of and disburse the Authority’s funds. He or she may delegate disbursing authority to such persons as may be authorized by the Board of Directors to perform that function consistent with Government Code Section Pursuant to Government Code Section 6505.5, the Treasurer of the Board shall: (a) Receive and acknowledge receipt for all funds of the Authority and place them in the treasury so designated by the Treasurer of the Board to the credit of the Authority. (b) Be responsible upon his or her official bond for the safekeeping and disbursements of all Authority funds so held by him or her. (c) Be responsible for oversight of payment, when due, out of money of the Authority so held, all sums payable by the Authority. The Board of Directors may delegate authority to anybody or person to make such payments from Authority funds. (d) Verify and report in writing to the Authority and to Members, as of the first day of each quarter of the Fiscal Year, the amount of money then held for the Authority, the amount of receipts since the last report, and the amount paid out since the last report. Pursuant to Government Code Section 6505.1, the Authority shall designate the public office or officers or person(s) who shall have charge of, handle, and have access to the property of the Authority and shall require such officer(s) or person(s) to file an official bond in amount fixed by the contracting parties.

RESPONSIBILITIES FOR FUNDS AND PROPERTY. The Treasurer of the Board shall have the custody of and disburse the Authority’s funds. He or she may delegate disbursing authority to such persons as may be authorized by the Board of Directors to perform that function, subject to the requirements of (b) below.