Annual Meeting of the Committee - The Committee shall have an annual meeting on the [2nd Wednesday of February], or, if that day is a school holiday, the next succeeding day that schools are open each year. At that meeting the Committee shall:
- Receive and accept the annual financial audit prepared by an independent auditor.
- Receive and accept the annual performance audit prepared by an independent consultant, auditor or architect.
- Reorganize the officers of the Committee.
- Receive a staff report of the projects that will be undertaken in the following twelve months.