Ordinance 1016-84 - Laserfiche WebLink

3 . Return to corporate officials or members fees , - .dues or service charges originally contributed by them and surplus to ' the purposes for which collected; 4 . Defend any corporate official , or former corporate official (including employees) in any legal or adminstrative proceeding in which he or she is made a party by reason of his or her position or former corporate position, or at the public corporation ' s option, indemnify such corporate official or former corporate official for expenses actually and necessarily incurred by him or her in connection with such defense, except as to matters involving willful misconduct in the performance of duty; and 5 . Sell assets for a consideration greater than their reasonable market value or acquisition costs , or charge for services more than the expense of providing them, or otherwise secure an increment in a transaction, or carry out any other transaction or activity, as long as such gain is not the public corporation' s general object or purpose and is applied to or expended upon municipal and community services and projects and activities as aforesaid. Section . 090 Application for charter. A. To initiate proceedings tocharter a public corporation under this chapter, any person or group of persons shall apply in duplicate to the City Clerk therefor. The application shall set forth: 1 . The proposed name of the public corporation; 2 . The character or period of its duration; 3 . The precise purposes or functions to be performed; 4 . The charter requested; 5 . The names and addresses of persons nominated as the initital corporate officials; 6 . The funds and other assets necessary to undertake the activities or functions contemplated within the coming year; the anticipated sources of such funds and assets; and any other supporting data the applicants deem appropriate and necessary to evaluate their application; and 7 . The name and address of each applicant. The applicant (s) may amend, correct or supplement the application during review and processing thereof. No applicant shall be an official or employee of the city. B. One copy of the application shall be filed with the City Clerk as a public record open to public inspection and one copy shall be forwarded to a responsible city official designated by the Mayor. To allow for public inspection and review, at least fourteen days shall elapse between filing of an application and issuance of a charter. Section . 100 Review of application. The Mayor ' s designee shall review all applications to determine the following matters , refer to the Mayor his findings , and make recommendations with respect to: - 8 -