Property/Risk Management Committee
Established October 1998*
The Property/Risk Management Committee is a committee of the Board of Commissioners of the Niagara Frontier Transportation Authority established pursuant to its Bylaws. The membership, operations, authority, purpose and responsibilities of the Committee are described below:
The membership of the Property/Risk Management Committee shall consist of at least four members of the Board of Commissioners. The Chairman of the Board of Commissioners shall designate the committee members and will appoint a chair and a vice chair of the Committee.
Committee members shall serve until the successors shall be duly designated and qualified. Any vacancy in the Committee occurring for any cause may be filled by any qualified Member of the Board by designation of the Chairman of the Board.
The Committee shall be granted unrestricted access to all information regarding property management and risk management functions. All employees have been, and shall be, directed to cooperate as requested by members of the Committee.
The Property/Risk Management Committee may delegate authority to other subcommittees when appropriate.
Purpose and Responsibilities
The purpose and responsibilities of the Property/Risk Management Committee shall include: