Agenda - Council - 04/22/1997 - Laserfiche WebLink

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Eo The Authority shall have the power to adopt such by-laws that it may deem necessary or desirable for the conduct of this business of the Authority. Such by-laws shall be consistent with this Agreement and any applicable laws or regulations and shall address the requirements for a quorum of the Authority. The Authority may apply for and accept gifts, grants or loans of money, other property or assistance from the United States Government, the State of Minnesota, or any person, association or agency for any of its purposes; enter into any agreement in connection therewith; and hold, use and dispose of such money, other property and assistance in accordance with the terms of this gift, grant or loan relating thereto. The Authority may hold such property as may be required to accomplish the purposes of this Agreement and upon termination of this Agreement, make distribution of such property to the parties as is provided for in this Agreement. The Authority may purchase insurance as is deemed advisable and may take action to enforce its rights in equity or in law. Section 3: Exercise of Powers. All powers granted herein shall be exercised by the Authority in accordance with the legal requirements applicable to counties. In accordance with Minn. Stat. § 471.59, subd. 3, the purchasing and contracting requirements of the county selected aursuant to Article VII, Section 4 shall apply to the Authority. ARTICLE VI. STRUCTURE AND PROCEDURES Section I' Terms. A. Each member governmental unit shall appoint a representative and alternate, by resolution, to serve on the Authority for the period commencing with the I I I I I I I I ! I I I I i I I I I I