(50 ILCS 30/5)
(from Ch. 85, par. 1205)
Annually the commissioners of the Exhibition Council shall choose
from among their members a president and vice-president, to serve for a
term of one year and until their successors are chosen and qualified. The
president shall preside at the meetings of the commissioners but may vote
as any other member and shall not have the power of veto. In the absence of
the president, the vice-president shall perform the president's functions.
No official action may be taken except upon the affirmative vote of 4
The commissioners shall appoint a secretary and a treasurer, either from
within or outside of their own membership, who shall be residents of the
city or county in which the property of the Council is located and shall
serve for a term prescribed by the commissioners. Before entering upon the
duties of their respective offices the secretary and treasurer shall
execute a bond, with security to be approved by the commissioners of such
Council in the penal sum of $30,000 payable to the Council conditioned for
the faithful performance of the duties of office.
The commissioners shall prescribe the powers and duties and fix the
compensation of the secretary, treasurer and all other officers and
employees of the Council.
All ordinances, resolutions and all proceedings of the Exhibition
Council shall be public records and open to public inspection, except such
documents and records as are kept or prepared by the board of commissioners
for use in negotiations, legal actions or proceedings to which the Council
is a party.
Within 60 days after the end of each fiscal year the board shall cause
to be prepared by a certified public accountant a complete and detailed
report and financial statement of the operations and assets and liabilities
of the Exhibition Council and shall distribute copies thereof to the
appropriate authorities appointing the commissioners and to the city clerk,
or county clerk, as the case may be, to be kept as a public record.
(Source: Laws 1967, p. 585.)