Provincetown Public Pier Corporation

Board of Directors

Duties and Responsibilities

 

1.      Attend monthly meetings in Provincetown, MA. Initial terms are staggered

from 1 to 5 years.

 

2.      Elect officers. Serve as an officer (4 of 5 members) Chair, Vice Chair,

     Treasurer, and Clerk.

 

3.      Select auditing and legal counsel.

 

4.      Develop and approve corporate mission statement.

 

5.      Select and approve financial institutions and insurance coverage/companies.

 

6.      Prepare job description, hire, and annually review performance of Executive Director.

 

7.      Develop and implement a five-year financial performance plan.

o       Establish procedures for reinvestment of surplus net operating revenue to ensure continued maintenance of the facility.

o       Review and approve annual capital expenditures.

 

8.      Develop and approve all operating policies and procedures.

 

9.      Develop and approve marketing plan.

 

10. Approve fee schedules set by Executive Director.

 

11. Negotiate and approve contracts and agreements.

o       Contracts with the Town.

o       Contracts with outside vendors.

o       Contracts with tenants.

o       Contracts with state and federal agencies.

 

12. Serve as a final appeal body for employee grievances and user satisfaction.

 

13. Oversee and approve litigation and settlements.

 

14. Other duties and responsibilities as defined by the majority vote of the Board of Directors.