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C150317 application
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C150317 application
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Last modified
1/22/2015 9:59:04 AM
Creation date
6/10/2011 11:55:09 AM
Metadata
Fields
Template:
Loan Projects
Contract/PO #
CT2015-013
C150317
Contractor Name
Lake Durango Water Authority
Contract Type
Loan
County
La Plata
Loan Projects - Doc Type
Application
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b. Vice President. In the absence of the President or in the event of his or her death, <br />inability or refusal to act, the Vice-President shall perform the duties of the President, and when <br />so acting, sha11 have a11 the powers of and be subject to all the restrictions upon the President. <br />The Vice-President sha11 perform such other duries as from rime to time may be assigned to him <br />or her by the President or by the Board of Directors. <br />c. Secretary. The Secretary shall: (a) keep the minutes of the proceedings of the Board <br />of Directors; (b) see that a11 notices are duly given in accordance with the provisions of the <br />C.R.S. 24-72-201 et seq and this Agreement or as otherwise_provided by law; (c) sign with the <br />President; (d) in general perform all duties incident to the office of Secretary and such other <br />duties as from time to time may be assigned to him or her by the President or by the Board of <br />Directors. <br />d. Treasurer. The Treasurer sha11 be the financial officer for the Authority and shall: (a) <br />have charge and custody of and be responsible for a11 funds of the Authority; (b) receive and give <br />receipts for moneys due and payable to the Authority from any source whatsoever, and deposit <br />a11 such moneys in the name of the Authority in such banks, trust companies or other depositaries <br />as designated by the Board of Directors; and (c) in general perform a11 the duties incident to the <br />office of Treasurer and such other duties as from time to time may be assigned to him or her by <br />the President or by the Board of Directors. All checks written from an Authority bank account <br />over $10,000 sha11 require the signature of the Treasurer and a single member of the Board of <br />Directors or the signature of two members of the Board of Directors. <br />Section 3.8. Bonds of Officers. The Treasurer and any other Officer or agent of the Authority <br />charged with the responsibility for the handling or custody of any of its funds and any other <br />person, if required by law, sha11 give bond in such sum and with such surety as the Board sha11 <br />determine. The cost of such bonds sha11 be an expense payable by the Authority. <br />Section 3.9. Minutes, Bylaws and Rules and Regulations. The Secretary sha11 cause a11 <br />minutes of the meetings of the Board to be kept in accordance with the provisions of the <br />Colorado Open Meeting Law. The approval of each of the Members is required for the adoption <br />of the bylaws of the Authority and any amendments thereto. The Board shall adopt rules and <br />regulations and amendments thereto for the conducting of its business affairs, <br />� <br />
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