RES 81-063 RESOLUTION APPROVING AND ADOPTING BY-LAWS FOR THE HOUSIN AND REDEVLOPMENT AUTHORITY OF THE CITY OF ST. ANTHONY, MINNESOTA

Home Browse Search

Section 4. Secretary/Treasurer. The Secretary/Treasurer shall perform the -'du' ties of a Secretary Treasurer for the authority. • Section 5. Executive Director. The Authority shall employ an Exe- cutive Director. who shall have general supervision over the administra- tion of its business and affairs, subject .to the direction of the Authority. He shall be charged with the management of the housing projects of the Authority. An assistant to the Secretary/Treasurer, the Executive Director in his own name and title shall keep the records of the Authority, shall act as Secretary/Treasurer of the meetings of the Authority and record all votes , and shall keep a record of the proceedings of the Authority in a journal of proceedings to be kept for such purpose, and shall perform all duties incident to his office. He shall keep in a safe custody the seal of the Authority and shall have power to affix such seal to all contracts and instruments authorized to be executed by the Authority. He shall have the care and - custody of all funds of the Authority and shall deposit the same in the name of the Authority in such bank or banks as the Authority may select. The Secretary/Treasurer shall sign all orders and checks for the payment of money and shall pay out and disburse such moneys under the direction of the Authority. Except as otherwise authorized by resolution of the Authority, all such orders and checks shall be issued as provided by the City Charter. He shall keep regular books of, accounts showing receipts and expendi- tures and shall render to the Authority, at each regular meeting (or oftener when requested) , an account of his transactions and also of • the financial condition of the Authority. He shall give such bond for the faithful performance of his duties as the Authority may determine. The compensation of the Executive Director shall be determined by the Authority. Section 6 . Additional. Duties. The officers of the Authority shall perform such other duties and functions as may from time to time be required by the Authority or the by-laws or rules and regulations of the Authority. Section 7. Election .or Appointment. The first Chairman shall, . pursuant to his appointment, serve in the capacity of Chairman until the expiration of his term of office as Commissioner. The Vice- Chairman; Secretary/Treasurer and, except in the case of the First Chair- man, the Chairman shall be elected at the annual meeting of the Authority from among the Commissioners of the Authority, and shall hold office for one year or until their successors are elected and qualified. The Executive Director . shall be appointed by the Authority. Any person appointed to fill the office of Executive Director, or any vacancy therein, shall have such term as the Authority fixes , but no Commissioner of the Authority shall be eligible to this office. Section 8. Vacancies . Should the office of Chairman, Vice-Chairman or Secretary/Treasurer become vacant, the Authority shall elect a successor from its membership at the next regular meeting; and such election shall be for the unexpired term of - said office. When the office of Executive Director' becomes vacant, the Authority shall appoint a successor, as aforesaid.