§ 29-4-308 — Organization of authority

(1) The authority of an area shall
proceed to organize for the performance of the duties for which it is created, and
such organization shall include, but shall not be limited to, the following unless
otherwise provided by the ordinance creating the authority:

(a) The adoption of bylaws which shall provide that a majority of the
members of the authority constitutes a quorum for the transaction of business;

(b) The election from the members of the authority of a president and vice-president and the appointment of a secretary and, if desirable, an assistant
secretary. Neither of the latter need be members of the authority.

(c) The adoption of a seal for the authority.

(2) The city treasurer of the municipality shall be the treasurer of the
authority. If the municipality has a city auditor, he shall be the auditor of the
authority. Otherwise, the authority may appoint an auditor. The city attorney shall
be the attorney for the authority. If the additional work cast upon the city treasurer,
city auditor, or city attorney by reason of the affairs of the authority shall be so
heavy as to require the employment of additional persons by any of said city
officials, the expense of the employment of such additional persons shall be borne
by the authority.

Legislative History

Source: L. 45: p. 622, � 8. CSA: C. 82, � 69. CRS 53: � 69-4-8. C.R.S. 1963: � 69-4-8.