KRS § 96A.070 — KY Code / Title IX / Chapter 96A / Section 96A.070
96A.070 Board officers, executive committee, director, employees -- Effect of compact -- Appointment of executive director or secretary-treasurer upon establishment of consolidated local government
Status: in_force

96A.070 Board officers, executive committee, director, employees -- Effect of

compact -- Appointment of executive director or secretary-treasurer upon

establishment of consolidated local government.

(1) The board shall, within sixty (60) days after the appointment of its entire initial

membership, and thereafter in July of each year, elect from its members a chairman

and a vice chairman. It may, in its discretion, employ an executive director and a

secretary-treasurer, neither of whom shall be a member of the board; provided,

however, if the creation and establishment of the authority is shown by the

provisions of the proceedings or joint proceedings to have been undertaken only on

a standby basis, the board may defer the employment of an executive director and

may, on an interim basis, designate a secretary-treasurer from its own membership.

(2) The board may, in its discretion, employ necessary legal counsel and other agents

and employees to carry out its work and functions, and may from time to time

prescribe and alter such rules and regulations as it may deem necessary.

(3) The executive director, if and when employed in the discretion of the board, shall be

experienced and knowledgeable in the field of transportation; and if and when

employed, such executive director shall be the chief executive officer of the

authority, having such powers and duties as the board may prescribe. Such

executive director may recommend the establishment or alteration of rules and

regulations, and of rates and charges for use of the services and facilities of the

mass transportation system of the authority; but action in such respects, and in the

issuance of revenue bonds or mortgage bonds of the authority, and in requesting the

issuance of general obligation bonds by other public bodies for the benefit of the

authority, and in authorizing leases of the properties of the authority for financing

purposes, shall be taken by the board, or by the executive committee of the board if

properly thereunto authorized.

(4) The secretary-treasurer shall keep the minutes of all meetings of the board, and shall

also keep a set of books showing the receipts and expenditures of the board. He or

she shall preserve on file duplicate vouchers for all expenditures and shall present to

the board, upon request, complete reports of all financial transactions and the

financial condition of the board. Such books and vouchers shall at all times be

subject to examination by the governing body of any public body by which the

authority was created or enlarged. He or she shall transmit at least once annually a

detailed report of all acts and doings of the board to the public body or bodies by

whom the board was created. He or she shall cause all moneys of the authority

coming into his or her hands to be deposited in one (1) or more financial

institutions, as designated from time to time by the board.

(5) The board shall require its secretary-treasurer, and its executive director, if and

when such executive director shall be employed, each to execute bond in favor of

the authority, in such respective penal sums as the board may fix, in favor of the

authority, and conditioned upon faithful performance of the duties of such offices

and full accounting to the authority. Each such bond shall be with corporate surety,

provided by a corporate surety company qualified to transact business in Kentucky

and approved, in each instance, by the board. The board may in like manner require

similar bonds, with corporate surety, to be given by other officers, agents, and

employees in such manner and in such penal sums, as it may specify from time to

time. Premiums payable to sureties upon such bonds shall be paid by the authority

and may be chargeable as an operating expense of the authority.

(6) The board shall fix the salaries, wages, or other compensation of the officers,

agents, and employees whom it may engage from time to time; in each case within

such limitations, if any, as may be prescribed in the proceedings or joint

proceedings set forth in the establishment of the authority, or as such proceedings

may be amended; but such salaries, wages, or other compensation shall constitute

obligation of the authority only, and shall be payable from the authority's revenues

and any other available resources, and shall not constitute obligations of any city or

county participating in the creation and establishment, or subsequent enlargement,

of the authority.

(7) The board may, by resolution duly adopted and spread at large upon its public

records, establish an executive committee, composed of such members of the board

as may be specified in such resolution, and may authorize such executive committee

to exercise in intervals between board meetings any powers of the board except

those powers which are expressly required by this chapter or by other controlling

provisions of law to be exercised by the board.

(8) The board may create such other committees of its members as it may deem

necessary or proper; but the same shall be advisory in nature and shall report to the

board or to the executive committee, and shall not be authorized to take any

independent action except in such advisory capacity.

(9) Notwithstanding other provisions of this section, when a city of the first class and a

county containing such city have in effect a compact under KRS 79.310 to 79.330,

the executive director and a secretary-treasurer or any individual, corporation, or

partnership, either by contract or employment, who serves as executive director or

secretary-treasurer in the management of the affairs of the board, shall be appointed

by and serve at the joint pleasure of the mayor, and the county judge/executive with

the approval of fiscal court pursuant to KRS 67.040. Upon the establishment of a

consolidated local government in a county in which a city of the first class and a

county containing the city have had in effect a cooperative compact under KRS

79.310 to 79.330, an executive director or secretary-treasurer shall be appointed by,

and shall serve at the pleasure of, the mayor.