(A) The City Council shall appoint management for FiberNet Monticello, and hire or assign such staff or consultants or contractors as it deems necessary for the efficient operations of FiberNet Monticello and the city.
(B) Management shall be responsible for the administration and management of FiberNet Monticello.
(C) Management shall have the authority to govern FiberNet Monticello within the boundaries established in the annual budget as approved by the City Council. Management shall make an annual budget recommendation to the Council. Management shall ensure FiberNet meets city requirements and state statutory requirements for financial management and reporting.
(D) Management shall provide reports to the City Council accurately describing the activities and financial condition of FiberNet Monticello.
(E) Management shall maintain contact with the City Administrator as necessary to coordinate activities.
(Prior Code, § 2-9-3)