Lower Savannah Regional Development Corporation

“The finance director will review the 990 for accuracy first, then the 990 will be submitted to the executive committee of the lscog board (the board for the riac,rdc) no less than one week in advance of the regularly scheduled meeting for their review and approval before being signed by the executive director and submitted by the auditor. Minutes of the meeting will reflect the approval of the tax return. If the meeting or the approval cannot be obtained in advance of the filing deadline, an extension to file will be requested by the auditor.”

“Board of directors review the conflict of interest policy and signs a new one if changes are made to the policy or if their status on the board has changed. There is also a staff conflict of interest policy. The executive director is to be advised when a staff member has been offered or is considering membership in any public or private committee, office, or association with any organization or activity that may lead to a conflict between such assoication and his position.”

“No actual salaries are paid by the corporation. Any salaries paid by lower savannah council of governments are contracted to the corporation.”

“No actual salaries are paid by the corporation. Any salaries paid are by lower savannah council of governments are contracted to the corporation.”

“UPON REQUEST”

“The principal objective of the corporation shall be to benefit the region economically by fostering increased employment opportunities and expansion of business and industry; thereby, lessening the burdens of government and combating community deterioration. Any monetary profits or other benefits which flow to members of the corporation shall be incidental to the corporation's functions. In the event of dissolution or liquidation of the corporation, its assets will be distributed for one of more charitable purposes or to the federal, state, or local governments.”