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Resolution 8350
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08000 - 08499 (2012-2016)
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Resolution 8350
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Last modified
6/25/2019 10:09:05 AM
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12/9/2014 10:34:35 AM
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MV City Council
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Resolutions
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Exhibit A <br /> share of the ACFPC budget has been fully paid to ACFPC by December <br /> lst. A participating Member whose annual fee and share of the ACFPC <br /> budget has not been fully paid to ACFPC by December 1st shall not be in <br /> "good standing,"and said Member shall forfeit their voting rights on all <br /> business items at ACFPC meetings until such time as its annual fee and <br /> share of the ACFPC budget has been fully paid. <br /> B. Percentage Share of ACFPC Expenses:A Member's percentage share of the annual <br /> expenses of the ACFPC shall be equal to the Member Index divided by the Aggregate <br /> Index as defined in the Joint Powers Agreement. Member percentage shares will be <br /> displayed on a cost-share model compiled annually based on available data. <br /> Section 5. Legal Instruments. All contracts, agreements, and other legal instruments <br /> executed by ACFPC shall be issued in the name of ACFPC, not the individual name of a <br /> Director or Officer. Legal instruments shall be signed by no less than two (2) Officers of <br /> ACFPC—the Chair(if able), and one other Officer. While Directors and Officers have authority <br /> to sign official documents on behalf of ACFPC, they may do so ONLY after proper <br /> consideration and approval by the Joint Powers Board. In the absence of approval by the Joint <br /> Powers Board,the individual Director or Officer is personally liable on the legal instrument. <br /> Section 6. Loans. No loans shall be contracted on behalf of ACFPC nor shall evidences of <br /> indebtedness be issued in its name unless specifically authorized by resolution of the Joint <br /> Powers Board. Such authority shall be confined to specific instances. <br /> Section 7. Examination by Directors, Members & Public. Every Director, Officer, Member <br /> of ACFPC, and the Public shall have a right to examine, in person or by agent or attorney, at any <br /> reasonable time, and at the registered office, all books and records of ACFPC and make extracts <br /> or copies therefrom. <br /> Section 8. Periodic Reviews. To ensure ACFPC operates in a manner consistent with its <br /> public purposes, files all required paperwork, and does not engage in activities that could <br /> jeopardize its image and status,periodic reviews shall be conducted. The periodic reviews shall, <br /> at a minimum, include the following subjects: <br /> A. Whether compensation arrangements and benefits are reasonable, based on competent <br /> survey information, and the result of arm's length bargaining; <br /> B. Whether partnerships, joint ventures, and arrangements with management organizations <br /> conform to ACFPC's written policies, are properly recorded, reflect reasonable <br /> investment or payments for goods and services, further the Joint Powers Agreement's <br /> 13 <br />
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