Common use of Powers of the Board of Directors Clause in Contracts

Powers of the Board of Directors. The Board of Directors shall have the following powers: To gather information; develop and propose policies, projects and priorities; to establish project budgets; to seek donations and other funds; to apply for grants, hire staff, rent office space, and direct staff in the implementation of approved policies and projects. Approval by all of the governmental entities signatory hereto shall constitute authority for the Board of Directors to implement project adopted by the Board.

Powers of the Board of Directors. The Board of Directors shall have the following powers: To gather information; develop powers and propose policies, projects and priorities; to establish project budgets; to seek donations and other funds; to apply for grants, hire staff, rent office space, and direct staff in the implementation of approved policies and projects. Approval by all of the governmental entities signatory hereto shall constitute authority for the functions: (a) The Board of Directors shall exercise all powers and conduct all business of the Authority, either directly or by delegation to implement project adopted by its officers and staff. (b) The Board of Directors shall elect the Boardofficers of the Authority and shall appoint or employ necessary staff in accordance with Articles 9 and 10 hereof.