67-4909. ORGANIZATION OF BOARD — ACCOUNTS OF TREASURER — COMPENSATION OF MEMBERS — ANNUAL AUDIT — REMOVAL OF DIRECTORS. After taking oath and filing bonds, the board shall choose one (1) of its members as chairman of the board and president of the district, and shall elect a secretary and a treasurer of the board and of the district, who may or may not be members of the board. The secretary and the treasurer may be one (1) person. Such board shall adopt a seal and the secretary shall keep, in a well-bound book, a record of all its proceedings, minutes of all meetings, certificates, contracts, bonds given by employees and all corporate acts which shall be open to inspection to all interested parties.
The treasurer shall keep strict and accurate accounts of all money received by and disbursed for and on behalf of the district, in permanent records. He shall file with the clerk of the court, at the expense of the district, a corporate fidelity bond in an amount not less than five thousand dollars ($5,000), conditioned on the faithful performance of the duties of his office.
Each member of the board shall receive as compensation for his service a sum not in excess of sixty dollars ($60.00) per annum. No member of the board shall receive any compensation as an employee of the district or otherwise, other than that herein provided and no member of the board shall be interested in any contract or transaction with the district except in his official representative capacity.
It shall be the duty of the board of directors to cause an audit to be made of all financial affairs of the district during each year ending November 30th as required in section 67-450B, Idaho Code.
The court having jurisdiction of the district shall have the power to remove directors for cause shown, on petition, notice and hearing.
History:
[67-4909, added 1959, ch. 137, sec. 9, p. 299; am. 1987, ch. 70, sec. 2, p. 132; am. 1992, ch. 15, sec. 1, p. 39; am. 1993, ch. 387, sec. 16, p. 1435.]
Structure Idaho Code
Title 67 - STATE GOVERNMENT AND STATE AFFAIRS
Chapter 49 - AUDITORIUM DISTRICTS
Section 67-4901 - PURPOSE OF ACT.
Section 67-4902 - DEFINITIONS.
Section 67-4903 - JURISDICTION TO ESTABLISH DISTRICTS.
Section 67-4904 - PETITION — CONTENTS — AMENDMENTS.
Section 67-4905 - BOND OF PETITIONERS.
Section 67-4906 - NOTICE OF HEARING ON PETITION — JURISDICTION.
Section 67-4907 - HEARINGS ON PETITIONS — ELECTION FOR ORGANIZATION AND OFFICERS.
Section 67-4908 - QUALIFICATION OF MEMBERS OF BOARD.
Section 67-4910 - MEETINGS — VACANCIES.
Section 67-4911 - ELECTIONS — TERMS OF OFFICE.
Section 67-4912 - GENERAL POWERS OF BOARD.
Section 67-4914 - LEVY AND COLLECTION OF TAXES.
Section 67-4915 - LEVIES TO COVER DEFAULTS AND DEFICIENCIES.
Section 67-4916 - OFFICERS TO LEVY AND COLLECT TAXES.
Section 67-4917 - SINKING FUND.
Section 67-4917B - HOTEL/MOTEL ROOM SALES TAX.
Section 67-4918 - INCLUSION OF PROPERTY PETITIONED — HEARING — ORDER.
Section 67-4919 - EXCLUSION OF PROPERTY PETITIONED — HEARING — ORDER.
Section 67-4920 - LIABILITY OF PROPERTY INCLUDED OR EXCLUDED.
Section 67-4921 - ISSUANCE OF NEGOTIABLE COUPON BONDS — FORM AND TERMS.
Section 67-4922 - SUBMISSION OF PROPOSITION TO ELECTORATE.
Section 67-4922A - LEASING OF LAND AND IMPROVEMENTS.
Section 67-4923 - NOTICE OF ELECTION.
Section 67-4924 - CONDUCT OF ELECTION — CANVASS OF RETURNS.
Section 67-4925 - EFFECT OF ELECTION — SUBSEQUENT ELECTIONS.
Section 67-4926 - CORRECTION OF FAULTY NOTICES.
Section 67-4928 - ELECTIONS — VALIDATION OF ACTS.
Section 67-4929 - INCLUSION OR EXCLUSION — ELECTION PROCEDURE.