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<br />Ii through either a college degree or management level'work experienc
<br />lIin accounting, finance, investments or compensation. Hembers must
<br />~also be residents of the city of New Brighton.
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<br />!!sec. 2-114. Terms of Office.
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<br />!IMembers of the financial policy advisory board shall be appointed
<br />lifor two year terms . The expiration date of each of the terms
<br />!Jshall be December 31, of the year. indicated below: The terms of
<br />1four (4) members shall expire in 1984 and the terms of three (3)
<br />I1members shall expire in 1983. Upon the expiration of the term of
<br />lloffice, a member shall continue to serve uni tl a qualified
<br />j;suceessor is appointed.
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<br />!! Sec. 2-115. Removal.
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<br />HAny member of the financial policy advisory board may be removed
<br />iifrom office bv a~, four-fifths (4J5)'vot:e'of'.~~the'city:"couI16j,1., '
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<br />lrec. 2-116. Fl lng VacanCles.
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<br />!'lvacancies occurring in the mernbership of the financial' pOlicy
<br />!advisory board shall be filled by the council for the unexpired
<br />i;portion of the term.
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<br />l!sec. 2-117. Compensation.
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<br />!The members of the financial policy advisory board shall serve
<br />tvTithout compensation.
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<br />lISee. 2-118. Council Representation.
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<br />lIThe council may appoint one of its members as an-ex officio.
<br />!lmembe1r of~the' board for a term of one'year .'Thismember::.~ill
<br />!~havefi111;rights:;o,f'discussiQn,- but will not be a' votin"g.membe~ ,e>
<br />Ii oIthe board .'The conn_eil may" also,' at i bs' discretioh;app:oint
<br />ljother ex officio members .
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<br />!Isec.. 2-119. Task Forces.
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<br />liThe council or financial policy advisory board may, from time to
<br />"ltime, appoint a task force to study and report on specific financi
<br />related matters. After reporting its findings to the council,
<br />l!such a task force shall terminate, unless continued by the council
<br />lior the board for a specific purpose.
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<br />llsec .2-120 . Organization.
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<br />liThe board shall elect a chairperson from among its appointed
<br />,lmembers for a one-year term and may create and fill such other
<br />loffices as it may determine. The board shall hold at least one
<br />Ilregu1ar meeting each month. -' It shall adopt rules for the
<br />'I 'transaction of business and shall keep a record of its resolutions,
<br />~transactionsand findings, which shall be a public record.
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<br />I'Sec. 2-121 - 125. Reserved.
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<br />Ii ~otj.on~-II.; This ordinance shall have full force and effect
<br />jlfro,~,.~~d"UP:~B:'i~~~ adoption and publication according to law.
<br />
<br />IIAdo@.ed tlii<3 ~.:23'rd day of
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<br />Harch
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<br />Grego" .. lJ." .. .. a,rcus, M,ayo"
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<br />Ja s W. Fornell, City Manager
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