POLICIES AND PROCEDURES
ARTICLE III
MANAGER
1. Appointment of Manager. The Board shall elect a Manager of the Authority who shall be an employee of the Authority. The Manager of the Authority shall be a resident of Delaware, and shall possess such skills and experience as the Board deems appropriate.
2. Term. Unless otherwise provided in the resolution of election or appointment, the Manager shall hold office until the annual meeting of the Board of Directors and until his or her successor has been elected and qualified; provided however that the Manager shall be subject to removal at any time by the Board, with or without cause.
3. Duties. The Manager shall be responsible for developing and recommending a plan of operation for the Authority and for implementing the statutory duties of the Authority. The Manager shall be responsible for appointing, subject to the approval of the Board, employees and agents of the Authority as staff members and fixing their compensation. The Manager shall be responsible for the general management and control of the business and affairs of the Authority, and the Manager shall see that the books, reports, statements and certificates required by the statute under which the Authority is organized or any other laws applicable thereto are properly kept, made and filed according to law.
