AgdaPkt 2005-12-19 - Laserfiche WebLink

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.sz A- �9 Oct 19 05 09:55a SRh HRUnO CITY CLERK 1 650 589 5943 P.9 9�// include: cash conhibutions, provisian af services ar staffino, use or transfer of tit[e to real or personal propetty, participation or Fanding from the Redevelopment Agency ttnder the contro! of ur under contract with the Momber Agency, pledges, guarantees or whatever other instruments or involve��ent the Meniber Agency and HEAT-SMC muy agree to. Contributions of all kinds to the Program budget from'private persons or enrities not-for-profit entities, whether or noi their inte�sts ere represented by any At Laroe Directors, are encouraged, so long tis they do not cause a vio�ation of any epplicable con�7ict of interest statutes, rules or reguI�tions. 6. �inancia[ AZanaeement 6.1. The HEAT-SMC may appoint a financial manager to manage, h41d, invest and distribute the funds of the HEAT-SMC {"Financial Manager"). The duties of the Financial Managcr shall incIude those responsibilicies as deemed necessary or appropriate by the Board. There shail b� a strict accountaUility of all funds and report of all receipts and disbursements. 6.2. The puhlic office or officers or person or persons who may be designnted to have chara of, handle, or have access to any property of tha HEAT-SMC, shal] file an official bond in an ' amount to be fixed by the Board. 7. .St2�A�. 7.1. It is understood that HEAT-SMC may require the support of its own administrative staff. When deemed necessary, che Boa�•d of Directors may employ or use a m�na�ing aoent ("�Ian�.gin; Agent"), to implement the objectives of the HEAT The ManAging Agent muy consist of fl sepnrate entity or an executive director. The Board shAll have responsibility for al] employment decisions regAi•ding said Managing A;ent, who shall serve at the pleasure of the Board of Directors. 7.2. The Managing Agent may be dele?ated authority ss deemed necessar�- or appropriate Uy the Eoard. • Pagc 9 or 17