3. HRA Operations Discussion - Laserfiche WebLink

Home Browse Search

Section 4. Secretary. The Secretary shall perform the duties of a Secretary for the Authority. Section 5. Executive Director. The Authority shall employ an Executive Director who shall have general super- vision over the administration of its business and affairs, subject to the direction of the Authority. He shall be charged with the management of the housing projects of Authority. As assistant to the Secretary, the Executive Director in his own name and title shall keep the records of the Authority, shall act as Secretary 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 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 other- wise authorized by resolution of the Authority, all such orders and checks shall be counter-signed by the Chairman. 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 trans- actions 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. - 27 -