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Show 118 INTERSTATE COMPACTS terminated or continued in such reasonable amount as may be neces- sary or desirable to take into account hardships incurred and benefits received by the taxing jurisdiction which are attributable to the project. 14.4 Meetings; Public Hearing; Records, Minutes. (a) All meetings of the commission shall be open to the public. (b) The commission shall conduct at least one public hearing prior to the adoption of the comprehensive plan, water resources program, annual capital and current expense budgets, the letting of any con- tract for the sale or other disposition by the commission of hydro- electric energy or water resources to any person, corporation or entity, and in all other cases wherein this compact requires a public hearing. Such hearing shall be held upon at least ten days public notice given by posting at the offices of the commission. The commission shall also provide forthwith for distribution of such notice to the press and by the mailing of a copy thereof to any person who shall request such notices. (c) The minutes of the commission shall be a public record open to inspection at its offices during regular business hours. 14.5 Officers Generally. (a) The officers of the commission shall consist of an executive director and such additional officers, deputies and assistants as the commission may determine. The executive director shall be appointed and may be removed by the affirmative vote of a majority of the full membership of the commission. AH other officers and employees shall be appointed by the executive director under such rules of procedure as the commission may determine. (b) In the appointment and promotion of officers and employees for the commission, no political, racial, religious or residence test or qualification shall be permitted or given consideration, but all such appointments and promotions shall be solely on the basis of merit and fitness. Any officer or employee of the commission who is found by the commission to be guilty of a violation of this section shall be removed from office by the commission. 14.6 Oath of Office. An oath of office in such form as the commis- sion shall prescribe shall be taken, subscribed and filed with the com- mission by the executive director and by each officer appointed by him not later than fifteen days after the appointment. 14.7 Bond. Each officer shall give such bond and in such form and amount as the commission may require for which the commission may pay the premium. 14.8 Prohibited Activities. (a) No commissioner, officer or employee shall: 1) be financially interested, either directly or indirectly, in any contract, sale, purchase, lease or transfer of real or personal property to which the commission is a party; 2) solicit or accept money or any other thing of value in addi- tion to the compensation or expenses paid him by the commission for services performed within the scope of his official duties; 3) offer money or any thing of value for or in consideration of obtaining an appointment, promotion or privilege in his employ- ment with the commission. |