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(A) The Commission shall adopt all necessary bylaws to govern the procedure, conduct and operations of the Commission.
(B) The Commission shall cause all accounts, records and books concerning the management, operation and disbursements of the Development Fund and properties acquired thereby to be audited by a certified public accountant annually, during the month of May of each year. This audit shall be submitted by the Commission to the corporate authority on or before the last day of June of each year.
(C) The Commission shall submit for approval its proposed operating budget for the fiscal year beginning May 1 to the corporate authority on or before the first Monday of March of each year.
(1986 Code, § 2.14.090) (Ord. 1252, passed - -1984)