Sec. 1. P&SL 1899, c. 200, §5, sub-§1, as repealed and replaced by PL 1995, c. 40, §1 and affected by §4, is amended to read:

1. Organization; conduct of business. As soon as convenient after the election of trustees, the trustees shall hold a meeting in the city rooms in the City of Waterville and organize by the election of a president and clerk, adopt a corporate seal and, when necessary, may choose a treasurer and all other necessary officers and agents for the proper conduct and management of the affairs of the district.

All decisions of the board of trustees must be by a majority of those present and voting. A quorum of the board of trustees is 7 trustees.

Trustees are entitled to compensation in accordance with Title 35-A, chapter 63 section 6410, subsection 7, except that compensation for the president and treasurer of the district need not be based on attendance at district meetings but may be in the form of annual salaries that are approved in accordance with that section.

No trustee of the district may hold a position or office of managerial or policy-making authority within any state or local government, public utility or business that profits from or conducts business on a regular basis with the district.

SUMMARY

This bill amends the charter of the Kennebec Water District to clarify provisions relating to trustee compensation and to restrict the outside activities of trustees in order to reduce potential conflicts of interest.