(A) There is hereby established a Foreign Fire Insurance Board of the Fire Department of the Village of Calumet Park, hereafter referred to as the Fire Department Board.
(B) The Board shall be constituted as follows and shall have the following powers, duties and responsibilities.
(1) Officers.
(a) There shall be an election by the regular members of the Calumet Park Fire Department to elect from among the firefighters of that Department the following officers:
1. President;
2. Secretary; and
3. Treasurer.
(b) These officers shall be regular members of the Calumet Park Fire Department at the time of their election and throughout their entire term. However, no probationary member of the Fire Department may hold the office during the time of his or her probation.
(2) Election.
(a) The first election for the officers shall take place within 30 days of the passage of this section.
(b) The election for the officers thereafter shall take place annually during the final quarter of each calendar year. Any officer elected after the passage of this section shall serve up to and including December 31, 2000.
(c) The term of each officer for each year thereafter shall be from January 1 through December 31 of the same calendar year.
(3) Duties and powers.
(a) President. The President shall preside at all meetings of the officers. The President shall have such other powers as he or she may be given from time to time by action of the Calumet Park Village Board of Trustees consistent with the Illinois Municipal Code.
(b) Secretary. The Secretary shall take minutes at any and all meetings of the officers. The Secretary shall keep the minutes in a manner identical to the manner in which Village Board minutes are kept. The Secretary shall also perform any other such duties and functions as are assigned from time to time by the officers or the Calumet Park Village Board of Trustees consistent with the Illinois Municipal Code.
(c) Treasurer. The Treasurer shall:
1. Have charge and custody of and be responsible for all funds collected by the village from the Foreign Fire Insurance Company fees as described in ILCS Ch. 65, Act 5, § 11-10;
2. Deposit all the monies in the name of the Village of Calumet Park Fire Department in the banks, savings and loan associations or other depositories as shall be selected by the Fire Department Board;
3. Give a sufficient bond to the Village of Calumet Park as approved by the Mayor conditioned upon the faithful performance by the Treasurer of his or her duties under this section consistent with the Illinois Municipal Code. The bond shall be paid for from the funds collected from the Foreign Fire Insurance Company fees.
4. Pay out money received pursuant to this section upon the order of the Fire Department Board for the maintenance, use and benefit of the Fire Department of the Village of Calumet Park. All expenditures pursuant to this paragraph must be approved by two of the three officers of the Board.
(4) Fire Department Board as a whole.
(a) It shall develop and maintain a listing of those items the Board feels are appropriate expenditures pursuant to the statute.
(b) It shall provide to the Calumet Park Village Board an annual report of the financial affairs of the Fire Department Board showing all income and expenditures. The report shall be delivered to the Village Mayor and each Village Trustee. The purpose of the report is to verify that all expenditures pursuant to this section are for the maintenance, use and benefit of the Village of Calumet Park Fire Department.
(c) All actions taken by the Fire Department Board pursuant to this section must be approved by at least two of the three officers of the Board.
(C) The Village Treasurer shall transfer to the Foreign Fire Insurance Board all monies received pursuant to ILCS Ch. 65, Act 5, § 11-10-1 which provides for a tax on foreign fire insurance entities. The monies so transferred are to be used pursuant to the provisions of this section and pursuant to ILCS Ch. 65, Act 5, § 11-10-2.
(Ord. 00-733, passed 1-27-2000)