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The Florida Senate

2005 Florida Statutes

Section 331.417, Florida Statutes 2005

331.417  President.--

(1)  The board shall appoint a president. The president shall be knowledgeable about the aerospace industry and its financing programs.

(2)  The president shall serve at the pleasure of the board and shall receive a salary and benefits as fixed by the board.

(3)  The president shall administer the programs of the corporation and perform such duties as are delegated by the board.

(4)  The president may, upon approval of the board:

(a)  Contract for services.

(b)  Hold public hearings.

(c)  Call upon and reimburse for services any state agency or department for assistance in carrying out the objectives of this part.

(d)  Participate with government or private industry in programs for technical assistance, loans, technology transfer, or any other programs related to this part.

(e)  Undertake or commission studies on methods to increase financial resources to expand the financial assistance to aerospace-related industries in this state.

(f)  Hire staff and provide training for them and other individuals involved in finance assistance, including such training sessions as may be provided by the United States Export-Import Bank and other organizations.

(g)  Exercise any other powers as may be necessary to carry out the purposes of this part.

(5)  The president shall provide staff to the board as requested.

(6)  The president shall submit an annual budget to be approved by the board.

History.--s. 18, ch. 99-256.