Laserfiche WebLink
<br />SECTION 8: FISCAL AGENT <br />In order to facilitate and expedite the process of implementing the workforce <br />development system in the West Piedmont region, the CONSORTIUM shall make the <br />initial appointment of Fiscal Agent for both the CONSORTIUM and the BOARD. Future <br />appointment of the FISCAL AGENT shall be by the BOARD with the advice and <br />consent of the CONSORTIUM. Pursuant to the ACT, and the Agreement between the <br />Consortium Agreement CONSORTIUM and the BOARD, the FISCAL AGENT shall be <br />responsible to the BOARD for management and control. The FISCAL AGENT shall <br />provide administrative and staff support to both the CONSORTIUM and the BOARD <br />performing those duties and responsibilities as maybe required to carry out the <br />requirements of the ACT as prescribed by the BOARD and approved by the <br />CONSORTIUM. <br /> <br />Insurance Requirement <br />The FISCAL AGENT shall procure and maintain appropriate Public liability and Errors <br />and Omissions insurance policies sufficient to protect the CONSORTIUM from potential <br />errors and omissions in the ordinary administration and use of these particular public <br />funds. Said Insurance to cover the CONSORTIUM shall be paid from WORKFORCE <br />INVESTMENT FUNDS. <br /> <br />The CONSORTIUM shall have the power to review and remove the Fiscal Agent. <br /> <br />SECTION 9: LOCAL BOARD APPOINTMENTS <br />The Consortium shall appoint the Local Workforce Investment Board of the area, under <br />Section 117 (c) (1) (A) of P. L. 105-220 and applicable rules hereunder. The Consortium <br />shall ensure that the total membership of the West Piedmont Workforce Investment <br />Board shall be constituted to always have at least a majority of private sector business <br />representatives and shall include representatives from employers in the Region that <br />reflect, to the extent possible, those with the ability to employ and discharge. To the <br />extent possible the region's private sector representation shall be from high demand <br />and/or high growth industry sectors. <br /> <br />Appointments will be made to strike a balance on the WIB among the following factors: <br />· Geographic representation <br />· Business size <br />· Industry sect.Qrs <br />· ~iversity (i.e., demographic, ethnic, gender, etc.) <br /> <br />The CONSORTIUM shall appoint the members of the BOARD in accordance with the <br />process required by Section 11 7( c) 1) (A) of the Workforce Investment Act as described <br />immediately below. <br />A. The CONSORTIUM, acting together, shall appoint at least two <br />representatives from each of the following public sector categories: <br />I. Local educational entities, including adult education and <br />literacy and postsecondary institutions: <br />2. Labor organizations <br /> <br />Consortia Agreement <br />Final Draft <br /> <br />5 <br /> <br />Revised 2007 <br />