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09500SB2679sam001 |
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LRB095 05550 RLJ 49102 a |
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| municipal government except an office with
compensation not |
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| exceeding $15,000 $5,000 annually or a position in the National
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| Guard or the United States military reserves. Provided, |
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| however,
that the Chairman may be a member of the Board of the |
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| Regional Transportation
Authority. No member of the
Board or |
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| employee of the Authority shall have any private financial
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| interest, profit or benefit in any contract, work or business |
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| of the
Authority nor in the sale or lease of any property to or |
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| from the
Authority. The salary of each member of the initial |
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| Board shall be
$15,000.00 per annum, and such salary shall not |
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| be increased or diminished
during his or her term of office. |
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| The salaries of successor members of the
Board shall be fixed |
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| by the Board and shall not be increased or diminished
during |
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| their respective terms of office. No Board member shall be |
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| allowed
any fees, perquisites or emoluments, reward or |
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| compensation for his or her
services as a member or officer of |
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| the Authority aside from his or her
salary or pension, but he |
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| or she shall be reimbursed for actual expenses
incurred by him |
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| or her in the performance of his or her duties.
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| (Source: P.A. 84-939.)".
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