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Terms of Officers <br />4.02. The officers of the Corporation shall serve as long as they are employed by the City of <br />La Porte, Texas. <br />Removal of Officers <br />4.03. Any officer may be removed by the City Council of the City of La Porte, Texas at any <br />time, with or without good cause. <br />Vacancies <br />4.04. A vacancy in any office may be filled by the City Council of the City of La Porte, Texas <br />for the unexpired portion of the officer's term. <br />Secretary <br />4.05. The Secretary shall: <br />♦ Give all notices as provided in the bylaws or as required by law. <br />♦ Take minutes of the meetings of the Board of Directors and keep the minutes as part of the <br />corporate records. <br />♦ Maintain custody of the corporate records, authenticate corporate documents and affix the <br />seal of the Corporation as required. <br />♦ Keep a register of the mailing address of each director and officer of the Corporation. <br />♦ Perform duties as assigned by the president or Board of Directors. <br />♦ Perform all duties incident to the office of secretary. <br />Treasurer <br />4.06. The treasurer shall: <br />♦ Have charge and custody of and be responsible for all funds and securities of the <br />Corporation. , <br />♦ Receive and give receipts for moneys due and payable to the Corporation from any source. <br />♦ Deposit all moneys in the name of the Corporation in banks, trust companies, or other <br />depositories as provided by these bylaws. <br />♦ Write checks and disburse funds to discharge obligations of the Corporation. <br />♦ Maintain the financial books and records of the Corporation. <br />♦ Prepare financial reports at least annually. <br />♦ Perform other duties as assigned by the Board of Directors. <br />♦ Prepare an annual budget. <br />♦ Perform all duties incident to the office of treasurer. <br />61 <br />