The Florida Senate

288.9612  Capital development board; organization.--

(1)  The governing board of the capital development board shall be chaired by a board member selected by a majority vote of the board.

(2)  The president of the board shall be hired by the president of Enterprise Florida, Inc., and shall serve in the capacity of an executive director and secretary of the board, with any additional staff being hired by the president of Enterprise Florida, Inc., within the parameters established by the board of directors of Enterprise Florida, Inc.

(3)  The board shall meet at least quarterly and at other times upon call of the chair.

(4)  A quorum shall be a majority of the total current membership of the board.

(5)  A majority of those voting shall be required to organize and conduct the business of the board, except that a majority of the entire board shall be required to adopt or amend the operational plan.

(6)  Except as may be delegated or authorized by the board, individual board members shall have no authority to control or direct the operations of the board or the actions of its officers and employees, including the president.

(7)  The board of directors may delegate to its president those powers and responsibilities it deems appropriate.

(8)  Members of the board shall serve without compensation, but members, the president, and all staff may be reimbursed for all reasonable, necessary, and actual expenses as determined by the board of directors of Enterprise Florida, Inc.

(9)  The board of directors may establish an executive committee consisting of the chair and at least two additional board members selected by the board of directors. The executive committee shall have such authority as the board of directors delegates to it, except that the board may not delegate to the executive committee authority to take action that requires approval by a majority of the entire board of directors.

History.--s. 36, ch. 93-187; s. 106, ch. 96-320.