Resolution of the Board of Directors of the Corporation for Public Broadcasting
May 17, 1988
Delegation of Authority for CEO to Obligate Funds and Execute Agreements
Unanimously
WHEREAS,
the Board of Directors on January 17, l980 passed a resolution delegating the authority to obligate funds and execute agreements to the CPB President in a manner reflecting the current structure of the Corporation at that time; and
WHEREAS,
as the result of subsequent Board actions, the structure of the Corporation has changed, and Management is implementing administrative changes to the internal system of delegations of authority to make that system more clear and efficient.
NOW, THEREFORE, BE IT RESOLVED THAT:
to assist Management in revising the Corporation's internal system of delegations of authority, the first Resolved clause of January l7, l980 is hereby amended as follows:
Paragraphs one and two of the January 17, l980 resolution are deleted and replaced with the following paragraph:
"l. The President of the Corporation is authorized to obligate the funds of the Corporation and to execute agreements reflecting those obligations on behalf of all of the Corporation's program funding and program-related activities, within the limits of the individual budgets established for such program funding and related activities, and to delegate such authority to one or more officers of the Corporation; and"
Paragraph three of the January l7, l980 resolution shall be renumbered as paragraph two and shall be amended to read:
"2. The President is authorized to obligate funds and execute agreements reflecting those obligations on behalf of the Management Services Division, in amounts not to exceed $l million, unless otherwise specifically approved by the Board or unless specifically included in the CPB corporate budget approved by the Board, and to delegate such authority to one or more officers of the Corporation; and Paragraph four shall be renumbered to be paragraph three.
