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(3) Shall insure that a copy of all Board and committee minutes is filed with the <br />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 render <br />a statement of the Corporation's cash account; he/she shall enter regularly <br />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 and <br />accounts of the Corporation shall be maintained and .filed in the Finance <br />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 moneys <br />in the name of the Corporation in the depository bank designated by the City <br />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 />(1.1.) Shall have joint signatory authority over operating accounts of the Paris <br />Economic Development Corporation.. <br />D. The Assistant Secretaries -Treasurers, if any, shall in general, perform such duties <br />as may be assigned to them by the Secretary -Treasurer, or by the Chairman or the <br />Board. <br />BYLANN`S -PARIS ECONOMIC DEVELOPMENT CORPORATION <br />Updated and Approved by the City Council on 4-22-2024, PEDC Board on 3-19-2024 <br />