Laserfiche WebLink
specified in Section 6505.5 of the Act. The Executive Director, as Auditor, shall have the <br /> powers, duties and responsibilities specified in Section 6505.5 of the Act. <br /> c. The Legislative Advocate for the Authority shall be the Rural County <br /> Representatives of California. <br /> d. The Treasurer and Auditor are public officers who have charge of,handle, or <br /> have access to all property of the Authority, and a bond for such officer in the amount of <br /> at least one hundred thousand dollars ($100,000.00) shall be obtained at the expense of <br /> the Authority and filed with the Executive Director. Such bond may secure the faithful <br /> performance of such officer's duties with respect to another public office if such bond in <br /> at least the same amount specifically mentions the office of the Authority as required <br /> herein. The Treasurer and Auditor shall cause periodic independent audits to be made of <br /> the Authority's books by a certified public accountant, or public accountant, in <br /> compliance with Section 6505 of the Act. <br /> e. The business of the Authority shall be conducted under the supervision of the <br /> Executive Director by RCRC personnel. <br /> 10. Executive Committee of the Authority <br /> a. Composition <br /> The Authority shall appoint nine (9)members of its Board to serve on an <br /> Executive Committee. <br /> b. Powers and Limitations <br /> The Executive Committee shall act in an advisory capacity and make <br /> recommendations to the Authority Board. Duties will include,but not be limited to, <br /> review of the quarterly and annual budgets, service as the Audit Committee for the <br /> Authority,periodically review this Agreement; and complete any other tasks as may be <br /> assigned by the Board. The Executive Committee shall be subject to all limitations <br /> imposed by this Agreement, other applicable law, and resolutions of the Board. <br /> c. Quorum <br /> A majority of the Executive Committee shall constitute a quorum for transacting <br /> business of the Executive Committee. <br /> 11. Disposition of Assets <br /> Upon termination of this Agreement, all remaining assets and liabilities of the <br /> Authority shall be distributed to the respective Members in such manner as shall be <br /> determined by the Board and in accordance with the law. <br /> 12. Agreement Not Exclusive; Operation in Jurisdiction of Member <br />