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8,16 The Board shall cause to be made an annual audit of the books <br /> and accounts of the Board and shall make and file a report to the <br /> Participants at least once each year. Strict accountability of all funds <br /> and report of all receipts and disbursements shall be made. <br /> 8.17 The Board's books, reports and records shall be available for and <br /> open to inspection by its Participants at all reasonable times. The <br /> Board's records shall be available for inspection by the public <br /> pursuant to Minnesota Statutes, Chapter 13, <br /> 8.18 The Board may appoint such committees as it deems necessary <br /> to exercise the powers of the Board in accordance with by-laws <br /> adopted by the Board and as allowed by law. <br /> 8.19 The Board may exercise all other lawful powers necessary and <br /> incidental to the implementation of the purposes and powers set forth <br /> herein, including, without limitation, the adoption of by-laws to govern <br /> the functioning of the Board, provided that no by-law or action of the <br /> Board shall be contrary to the terms of this Agreement. <br /> 9.0 Additional Participants <br /> 9.1 Vote of Board. Other governmental units may become a participant <br /> to this Agreement upon approval of a 2/3 majority of the Board entitled <br /> to vote. The new Participant shall sign a copy of this Agreement. <br /> Existing Participants shall not be required to sign the agreement <br /> again. <br /> 9.2 Non-Governmental Entities. With the approval of the Board, Non- <br /> Governmental entities may appoint qualified Directors to become <br /> advisory (non-voting) members of the Board and may contribute <br /> personnel to AHIMT operations upon entering into a sponsorship <br /> agreement with any one Participant in a form accepted and approved <br /> by the Board. <br /> 10.0 Finance <br /> 10.1 No Joint Powers Board. A"joint powers board" pursuant to <br /> Minnesota Statutes 471.59, Subd. 11 is not established by this <br /> agreement. Neither the Board nor the Organization has authority to <br /> issue bonds or obligations. <br /> 10.2 Revenue. The Organization is wholly funded through grant funds <br /> available to one or more of the Participants. Participants are not <br /> obligated under this agreement to fund the Organization in any other <br /> fashion without an amendment to this Agreement as provided herein. <br /> 10.3 Disbursements. The Organization may make disbursements from <br /> public funds to carry out the purposes of this agreement. <br /> Final 11-23,2010 5 <br />