Res87 RD-87-02 - Laserfiche WebLink

Browse Search

SWC:sh- 2/19/87 (930) DES:s~ 2/23/87R (#30) - have the authority to enter into contracts, within budget limits, of $10,000 or less, on behalf of the Agency. Section 6. Treasurer. The Treasurer shall be the Director of Finance of the City of Redwood City. It shall be the Treasurer's duty to receive and safely keep all monies and securities belonging to the Agency and coming into the Treasurer's hands, and to pay out the same only on warrants signed by the proper officers, except the principal and interest due on bonds of the Agency. The Treasurer shall deposit, with such depositories as are provided by law, all funds coming into said Treasurer's possession. All interest on money so deposited shall accrue to the benefit of the Agency. The Treasurer may invest such Agency funds as are not required for immediate expenditure in any instruments as are provided for by law for the investment of public funds generally. Section 7. Additional Duties. The officers of the Agency shall perform such other duties as may be required by the Agency of the by-laws or rules and regulations of the Agency. Section 8. Additional Personnel. The Agency may from time to time employ such personnel as it deems necessary to exercise its powers, duties and functions as prescribed by the Community Redevelopment Law, as amended, of the State of California (Health and Safety Code, §§3500 et seq.). The selection and compensation of such personnel shall be determined by the Agency. In addition, the Agency may utilize the services of officers and employees of the City of Redwood City to act on behalf of the Agency in the same capacity as if they were acting on behalf of the City of Redwood City. ARTICLE III - MEETINGS Section 1. Regular Meetings. Regular meetings of the Agency shall be held without notice on the second and fourth Monday of each month at 7:35 p.m. (immediately after convening the City Council meetin~ at 7:30 p.m. and recessing to convene as the Agency) in the Supervisors' Chambers of the Hall of Justice and Records, 401 Marshall Street, Redwood City, California. In the event a day of regular meeting shall be a holiday, no meeting shall be held until the next regularly scheduled meeting. Section 2. Special Meetings. Special meetings may be called, in accordance with the provisions of California Government Code Section 54956, at any time by the chairman or by a majority of members of the Agency by delivering personally or by mail written notice to each member of the Agency and to each local newspaper of general circulation, radio or television station requesting notice in writing. Such notice must be delivered personally or by mail at least 24 hours before the time of such meeting as specified by notice. Said notice shall specify the time and place of said meeting and the business to be