(a) All funds received by the Water Management Board or appropriated by the Village for the Board shall be placed in accounts of the Village.
(b) Neither the Water Management Board nor any member thereof may incur any expense or create any obligation or liability upon the Village, unless specifically authorized by the Village Council.
(c) Any expenditure required in connection with the functioning of the Water Management Board shall be in accord with the purchasing policies of the Village currently in effect. The Village Administrator or his or her designate is authorized to act as an agent of the Board for such expenditures.
(Ord. 126. Passed 11-13-91.)