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(a) The Board of Directors shall employ, discharge, and fix the compensation of the Manager.
(b) The Board of Directors shall approve an annual budget for the efficient and effective operation of the System.
(c) The Chair and Treasurer, upon their appointment and taking office, shall furnish and file with the Charles Town City Clerk, a bond in an amount to be set by the Board of Directors from time to time, the cost of such bond to be payable from revenues of the System and such bond to be payable to the City and conditioned as to the faithful performance of their respective duties as are fixed by the Board of Directors.
(Ord. 2020-008. Passed 5-18-20.)