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I <br /> • Section 6. The Commission shall cause an annual, independent <br /> audit, of its books to be made and shall make an annual financial <br /> accounting and report in writing to the members. Its books and <br /> records shall be available for and open to examination by the members <br /> at all reasonable times. The Commission shall establish its annual <br /> budget as provided in this agreement. <br /> i <br /> Section 7. The Commission may delegate authority to its execu- <br /> tive committee. Such delegation of authority shall be by resolution of <br /> the Commission and may be conditioned in such manner as the Com- <br /> mission may determine. <br /> Section 8. The Commission may exercise any other powers j <br /> necessary and incidental to the implementation of its powers and <br /> i <br /> • duties. <br /> Section 9. The Commission may conduct such research and <br /> investigation and take such action as it deems necessary, including <br /> participation and appearance in proceedings of State and Federal <br /> .regulatory, legislative or administrative bodies, on any matter related <br /> to or affecting cable communication's levels of service, rates or fran- <br /> chises. <br /> X. OFFICERS <br /> Section I . The officers of the Commission shall consist of a <br /> chairman, a vice-chairman and a secretary-treasurer. <br /> Section 2. A vacancy in the office of chairman, vice-chairman, <br /> • or secretary-treasurer . shall occur for any of the reasons for which a <br /> 7 <br />