§ 30-177. Treasurer; depositories; fiscal agent.

(a)

The board shall designate a person who is a resident of Florida, or a bank or trust company organized under the laws of Florida or under the National Banking Act, as treasurer of the district, who shall have charge of the funds of the district. Such funds shall be disbursed only upon the order of or pursuant to the resolution of the board by warrant or check signed by the treasurer, or by such other person as may be authorized by the board. The board may give the treasurer such other or additional powers and duties as the board may deem appropriate, and fix his compensation. The board may require the treasurer to give a bond in such amount, on such terms and with such sureties as may be deemed satisfactory to the board to secure the performance by the treasurer of his powers and duties. The board shall audit or have audited the books of the treasurer at least once a year.

(b)

The board is authorized to select as depositories in which the bonds of the board and of the district shall be deposited any banking corporation organized under the laws of Florida or under the National Banking Act, doing business in Florida, upon such terms and conditions as to the payment of interest by such depository upon the funds so deposited as the board may deem just and reasonable.

(c)

The board may employ a fiscal agent to perform such duties and services at such rate of compensation as the board may determine.

(Sp. Acts, Ch. 70-617, § 7)