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I. , . . '-' 5 b. standing and authority with the appointed members of the Committee. At its first meeting, the committee shall elect one of its members Chairman of the Committee, and the Chairman shall appoint one of the Committee's members to make and keep minutes of all meetings ,of the Committee. Duties "and Pavers.. The Rate and Policy Committee shall give advice and recommendations to the lIanager and full Board of Directors of the District with respect to the establishment, review, and revision of rates and policies of the District. The Committee may also work with deve10pers of new SUbdivisions within the District on matters relating to the Oistrict's ratea and policies. ~., '"~ Section S. rinance Committee a. Membership. The President shall appoint up to four officers or members of the Soard of Directors of the District to serve on the Finance COMmittee. In addition, the President sha11 be an e.-officio member of the Finance Committee, and sha11 nave equal standing and authocity witn tne appointed members of tne Committee. At its first meeting, the Committee shall elect one of its members Chairman of the committee, and the Chairman shall appoint one of the Committee's membe~s to make and keep minutea of 811 meetings of the Committee. b. Duties and Powers. The Finance Committee shall advise and give assistance to the District's Manager and staff on tne District's financia1 affairs, and shaH offer guidance to the Manager and Btaff on funding future construction projects. The Committee shall also make recommendations to the fu1l Board of Directors as to how the District's funds should be invested. ,. ,", 'J:,.~: ,,, Section 9. Other committees. The President may, from time to time, appoint other specia1 committees, in addition" to the committees set forth in Sections 3 through 8, above, to assist in the supervision, management, and control of the affairs of the District. The President shaH appoint Officers or members of tne Board of Directors 'of the Oistrict to serve' on such speciai committees, and these 8peci~1 committees shall have such powers and duties as the President may diJ:ect, consistent with these Sy-LAws and witn the statutes governing the District. (Amended 8-12-87) ARTICLB IV (Amended 8-12-87) GBNBRAL PROVISIONS Section 1. Offices. The offices of the District' and the records of the District shaH be maintained at 560 25 Road, Grand Junction, Colorado. Section 2. Seal. The sea1 of tne District sna11 be a circular device around Which shall appear the words, "Ute Water Conservancy District, April 4, 1956." Section 3. Amendments. Tnese By-Laws may be amended by vote of the Board of Directors at the regular meeting next foHowing the meeting at which a.ny proposed amendment shall have been moved and incorporated in the minutes thereof. .1' - 5 - t .