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with the Texas Open Meetings Act, the Texas Open Records Act, and <br />other applicable law. <br />(2) Shall be custodian of the Corporation records and seal of the Corporation, <br />and shall keep a register of the mailing address and street address, if <br />different, of each Director. <br />(3) Shall insure that a copy of all Board and committee minutes is filed with <br />the City Clerk of the City of Paris. <br />(4) Shall verify official signatures of officers of the Corporation. <br />(5) Shall along with the Finance Director for the City of Paris, Texas have <br />charge and custody of and be responsible for all funds and securities of the <br />Corporation. and shall. endorse on behalf of the Corporation for collection, <br />checks, notes and other obligations and shall deposit the same to the credit <br />of the Corporation in. the depository bank designated by the City of Paris. <br />(6) Whenever required by the Board, the Secretary -Treasurer (with the <br />assistance of the Finance Director for the City of Paris, Texas,) shall <br />render a statement of the Corporation's cash account; he/she shall enter <br />regularly in the books of the Corporation a full and accurate account of the <br />Corporation., and perform all acts incident to the position of Secretary - <br />Treasurer, subject to the control. of the Board. Such written statements <br />and accounts of the Corporation shall be maintained and filed in the <br />Finance Director's Office for the City of Paris, Texas. <br />(7) The Secretary -Treasurer shall give a bond for the faithful discharge of his <br />duties in such sum, if any, as the Board may require. <br />(8) Shall receive and give receipts for money due and payable to the <br />Corporation from any source whatsoever, and shall deposit all such <br />moneys in the name of the Corporation in the depository bank designated <br />by the City of Paris. <br />(9) Shall assist the Executive Director with monitoring recipients of PEDC <br />economic development funds for compliance with terms of Economic <br />Incentive Agreements. <br />(10) Shall, in general., perform all duties incident to that office and such other <br />duties as from time to time may be assigned to him by the Chairman or the <br />Board. <br />Shall have joint signatory authority over operating accounts of the Paris <br />EconomicDevelopment Corporation. <br />BYLAWS -PARIS ECONOMIC DEVELOPMENT CORPORATION <br />Updated and Approved by the City Council on 6-22-2020 <br />