Loading...
(A) The Board may develop articles of incorporation and appropriate documentation to establish its existence as a corporation under KRS 58.180.
(B) A quorum of the Board shall consist of four (4) members, with a majority of members present authorized to act upon any matter legally before the Corporation.
(C) The Board may enact bylaws concerning the election of officers and other administrative procedures it deems necessary.
(D) The Board may adopt administrative regulations under KRS Chapter 13A to govern the operation, maintenance, or use of property under its custody and control.
(E) Minutes and records of all meetings of the Board shall be kept, and all official actions shall be recorded.
(F) The Board may establish an executive committee from among its membership with full authority to act between meetings of the Board to the extent delegated by vote of a majority of the members of the Board.
(G) The Board may employ a full-time executive director who shall hold office at its pleasure.
(1) The Executive Director shall act under the direction of the board in employing necessary staff to perform the corporation's duties and exercise its powers.
(2) The Executive Director shall keep all minutes, records, and orders of the Corporation and shall be responsible for the preservation of all the documents, which shall be public records under KRS 61.870 to 61.884.
(Ord. 0-2011-019, passed 6-13-11)
The Eastern Kentucky Exposition Center Corporation shall have the following powers and duties:
(A) The corporation shall supervise the design, construction, and operation of the Eastern Kentucky Exposition Center and shall provide all management functions for the facility and for any other property acquired or teased in accordance with its powers established in this section.
(B) The Corporation shall promote the growth and development of the convention, trade, tourism, hotel, restaurant, and entertainment industry in Eastern Kentucky, Pike County, and the Commonwealth through utilization of the center.
(C) The Corporation shall have the exclusive control of all exhibitions, performances, and concessions in the Eastern Kentucky Exposition Center. The corporation shall have a prior lien upon the property of any private exhibitor, concessionaire, or other person holding an exhibition or performance or operating a concession in the center and may sell the property upon ten (10) days notice to satisfy any indebtedness.
(D) The Corporation shall participate with local hotels and the travel industry to develop tourist packages and additional services to attract conferences and conventions to the region.
(E) The Corporation may take, acquire, and hold property, and all interests therein, by deed-purchase, gift, devise, bequest, or lease or by transfer from the State Properties and Buildings Commission and may dispose of any property so acquired in any manner provided by law.
(F) The Corporation may levy a surcharge on tickets for functions held within the center to contribute to operating revenue.
(G) The Corporation may sue and be sued and maintain and defend legal actions in its corporate name.
(Ord. 0-2011-019, passed 6-13-11)
ECONOMIC AND INDUSTRIAL DEVELOPMENT AUTHORITY CORPORATION
Loading...