83-055 - WA Cities Insurance Authority (WCIA)

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ARTICLE 8 Powers of the Board of Directors 5 The Board of Directors of the Authority shall have the following powers and functions: (a) The Board may elect from its members, pursuant to Article 10 of this Agreement, an Executive Committee to which it may give authority to make and implement any decisions, including those involving the administration of the Authority, except those decisions that would require an amendment of this Agreement, under Article 26 herein (b) The Board may review all acts of the Executive Committee, and shall have the power to modify and /or override any decision or action of the Executive Committee upon a majority vote of the entire Board of Directors. (c) The Board shall review, modify, if necessary, and approve the annual operating budget of the Authority. (d) The Board shall receive and review periodic accounting of all funds under Article 14 and 15 of this Agreement. (e) The Board shall have the power to conduct on behalf of the Authority all business of the Authority which the Authority may conduct under the provisions hereof and pursuant to law (f) The Board shall determine and select a Joint Protection Program for the Authority. (g) The Board shall determine and select all necessary insurance, including excess insurance, necessary to carry out the Joint Protection Program of the Authority. (h) The Board shall have the authority to contract for or develop various services for the Authority, including, but not limited to claims adjusting, loss control and risk management consulting services. (i) The Board shall appoint an Executive Director of the Authority and shall receive and act upon reports of the Executive Director. (j) The Executive Director shall have the power to hire such persons as the Board authorizes for the administration of the Authority, including the "borrowing" of management -level employees from one or more of the Member Cities to assist in the development phase of the Joint Protection Program of the