Current through Register Vol. XLI, No. 52, December 27, 2024
Section 109-1-2 - Background2.1. Authorization of the Commission to consider these regulations.(a) The West Virginia Municipal Bond Commission held its annual meeting, after proper public notice, on July 29, 1983, as prescribed by law. At the meeting, all five (5) commissioners being present, the Commission passed a unanimous resolution authorizing a meeting of the executive committee at a future date to act for said full Commission in the consideration and adoption of proposed rules of procedure for the Commission to follow in the calling, publicizing, conducting and recording of its meetings. These rules would codify and formalize the existing state statutes and ensure compliance of the Commission with the relevant West Virginia State Code.(b) The Commission directed the executive secretary of the West Virginia Municipal Bond Commission to draw up and submit rules of procedure for the executive committee to consider at a meeting to be called by the chairman at a future date. The executive secretary submitted a draft of the proposed rules to the executive committee members on November 23, 1983.(c) The chairman called a meeting of the executive committee to consider these proposed rules for December 20, 1983, and public notice of the meeting was filed with the State Register in the Secretary of State's office on December 1, 1983.(d) At the executive committee meeting of December 20, the members considered the draft rules and with amendments, approved them. These proposed rules were filed with the office of the Secretary of State on December 20, 1983.(e) A public meeting was held on January 24, 1984, in the Small Conference Room of Building Seven, State Capitol Complex, Charleston. There were no persons in attendance.(f) Comment on these rules by written communication to the Municipal Bond Commission was permitted if postmarked no later than January 31, 1984. No written comments were received by the Commission by February 8, 1984.(g) The executive committee of the Municipal Bond Commission met on February 9, 1984, following public notice of the meeting filed in the office of the Secretary of State on January 24, 1984.(h) By unanimous vote of the executive committee, all members being present, the committee adopted these proposed rules of procedure and directed their filing with the office of the Secretary of State.