(A) The Board or its designee, to the extent permissible by law, shall have the power to:
(1) Require a bond of any officer or employee and pay the premium thereon;
(2) Recommend hiring and terminating of employees to the City Council;
(3) Effect all necessary insurance;
(4) Approve repairs of Greenwood Connections and its contents;
(5) Administrator has authority to purchase all necessary equipment, apparatus and supplies up to $25,000. Splitting of purchase orders to create orders of $25,000 or less which cumulatively would exceed $25,000 is prohibited; and
(6) Receive and accept all donations and contributions for Greenwood Connections and related purposes and manage any such gifts that may be in the form of securities or property; subject to acceptance by the City Council.
(B) The Board shall reserve unto itself the following powers:
(1) Establish such committees as it sees fit;
(2) A search committee to replace the Greenwood Connections Administrator will consist of: the entire City Council, two Greenwood Connections Board Members, two Greenwood Connections supervisory staff and City Clerk/Treasurer. The City Council shall be responsible for the appointment of a qualified individual to function as the Greenwood Connections Administrator, with a recommended compensation package;
(3) The Board shall approve the budget including rates and suitable charges for Greenwood Connections, and for payment and collection of the rates and charges; subject to approval by the City Council;
(4) The Board shall recommend capital improvement/purchases over $25,000; subject to City Council approval;
(5) The Board shall meet monthly and all meetings must comply with the open meeting law pursuant to Minnesota Statutes;
(6) The Board shall establish salary scales and benefit program for employees; subject to City Council approval;
(7) Each member of the Board shall serve in good faith and in a diligent and responsible manner with a duty of loyalty to exercise his or her authority on behalf of the institution rather than for any personal gain or benefit; and
(8) The Board shall meet annually in joint session with the City Council to hear the report of the Auditor, review the Auditor’s management letter and review the operations of Greenwood Connections.
(Ord. passed 3-13-00; Am. Ord. 31, passed 3-14-16; Am. Ord. passed - -)