(A) Officers of the Board shall be a Chairperson, Vice Chairperson, Secretary and Treasurer. The Officers of the Board shall be selected by the Board. The term of the office of the officers shall be for a period of one year. In case of the temporary absence or disability of any officer, the Board may appoint some person temporarily to act in his or her stead.
(B) The Chairperson shall preside at meetings of the Board of Trustees and may sign and execute all authorized bonds, contracts, checks and other obligations and execute interest coupons with his or her facsimile signature in the name of the Authority when so authorized by the Board of Trustees. He or she shall do and perform such other duties as may be fixed by the bylaws and from time to time assigned to him or her by the Board of Trustees.
(C) The Vice Chairperson shall preside and accomplish the duties of the Chairperson in the absence of the Chairperson and shall perform such other duties as may be fixed by the bylaws and from time to time assigned to him or her by the Board of Trustees.
(D) The Secretary shall keep the minutes of all meetings of the Board of Trustees in books provided for that purpose. He or she shall attend to the giving, serving and receiving of all notices or process of or against the corporation. He or she may sign with the Chairperson in the name of the Authority all bonds, contracts and other obligations authorized by the Board of Trustees, and when so ordered, he or she shall affix the seal of the Authority thereto. He or she shall have charge of all books and records which shall at all reasonable times be open to inspection and examination by the Board of Trustees or any member thereof, and by the Village Council, and, in general, perform all the duties incident to his or her office and such other duties as may be fixed by the bylaws and from time to time assigned to him or her by the Board of Trustees.
(E) The Treasurer shall have custody of all the funds and securities of the Authority which may come into his or her hands or possession. When necessary or proper, he or she shall endorse in behalf of the Authority for collection, checks, notes and other obligations and shall deposit them to the credit of the Authority in a designated bank or depository.
(F) He or she shall sign all receipts and vouchers for payment made to the Authority. He or she shall jointly with such other officer as may be designated by the Board of Trustees sign all checks, promissory notes and other obligations of the Authority when so ordered by the Board of Trustees. He or she shall render a statement of his or her cash accounts when required by the Board of Trustees. He or she shall regularly, in the books of the Authority to be kept by him or her for that purpose, keep full and accurate accounts of all monies received and paid by him or her on account of the Authority and shall, at all reasonable time, exhibit his or her books and accounts to the Board of Trustees or any member thereof when so required. He or she shall perform all acts incidental to the position of Treasurer fixed by the bylaws and as assigned to him or her from time to time by the Board of Trustees. He or she shall be bonded for the faithful discharge of his or her duties as Treasurer, the bond to be of such character, form and in such amount as the Board of Trustees may require. The bond of the Treasurer shall be paid by the Authority.
(Ord. 110, passed 6-21-1979; Ord. 110, passed 11-16-2021)