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09/10/2012 general supervision over the administration of the business and affairs of the Agency, subject to the direction 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 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. Aqencv Counsel. The Agency Counsel of the Successor Agency shall be the City Attorney of the City of Redwood City. He or she shall advise the Agency on matters of Agency concern. Section 8. 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 9. Additional Personnel. The Agency may from time to time employ such personnel as it deems necessary to exercise its power, duties and functions as prescribed by the Community Redevelopment Law, as amended, of the State of California (Health and Safety Code, SS3500 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. ARTICLES III — MEETINGS Section 1. Reqular Meetinqs. Regular meetings of the Agency shall be held without notice on the first, second and forth Monday of each month immediately following adjournment of the preceding City Council meeting, which begin at 7:00 P.M. in the City Council Chambers, City Hall, 1017 Middlefield Road, 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 Meetinqs. Special meetings may be called at any time by the Chairperson, or by a majority of inembers of the Agency. Once such call the ATTY/RES0.2782/APPROVING AND ADOPTING THE BY-LAWS OF THE SUCCESOR AGENCY RESO.SA#12-11 REV:08-28-12 VR MUFF#1453 Page 3 of 5