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C. Meetings. The Board of Trustees shall meet at least quarterly, and more <br />frequently if called, at the principal office of the Trust Fund or at such other location as may be <br />acceptable to a majority of the Trustees. One such quarterly meeting of the Board of Trustees <br />shall be held as soon as practicable after the adjournment of the annual meeting of Local Finance <br />Boards of Participating Employers at such time and place as the Board of Trustees may <br />designate. Other meetings of the Board of Trustees shall be held at places within the <br />Commonwealth of Virginia and at times fixed by resolution of the Board of Trustees, or upon <br />call of the Chairperson of the Board or a majority of the Trustees, on not less than ten (10) days <br />advance notice. Such notice shall be directed to the Trustees by mail to the respective addresses <br />of the Trustees as recorded in the office of the Trust Fund. The notice of any special meetings of <br />the Board of Trustees shall state the purpose of the meeting. <br />A majority of the number of Trustees elected and serving at the time of any <br />meeting shall constitute a quorum for the transaction of business. The act of a majority of <br />Trustees present at a meeting at which a quorum is present shall be the act of the Board of <br />Trustees. Less than a quorum may adjourn any meeting. <br />D. Office of the Trust Fund. The Administrator shall establish, maintain and provide <br />adequate funding for an office for the administration of the Trust Fund. The address of such <br />office is to be made known to the parties interested in or participating in the Trust Fund and to <br />the appropriate governmental agencies. The books and records pertaining to the Trust Fund and <br />its administration shall be kept and maintained at the office of the Trust Fund. <br />E. Execution of Documents. A certificate signed by a person designated by the <br />Board of Trustees to serve as Secretary shall be evidence of the action of the Trustees, and any <br />such certificate or other instrument so signed shall be kept and maintained at the office of the <br />Trust Fund and may be relied upon as an action of the Trustees. <br />F. Appointment and Removal of Administrator. The Virginia Local Government <br />Finance Corporation is hereby initially designated the Administrator pursuant to an <br />administrative services agreement between the parties. The Board of Trustees shall provide <br />compensation for the Administrator to administer the affairs of the Trust Fund. Any three (3) <br />Trustees may schedule a vote of the Board of Trustees to remove the Administrator by providing <br />no less than 30 days' notice to the other Trustees and to the Administrator. Provided there is <br />sufficient notice given, a vote will be scheduled at the next meeting of the Board of Trustees at <br />which the Administrator may be removed on a three- fourths ('/4) vote of the Trustees. Upon <br />removal of the Administrator, the Board of Trustees may designate a successor Administrator. <br />G. Duty to Furnish Information. The Local Finance Boards and the Board of <br />Trustees shall furnish to each other any document, report, return, statement or other information <br />that the other reasonably deems necessary to perform duties imposed under this Agreement or <br />otherwise imposed by law. <br />H. Reliance on Communications. The Board of Trustees may rely upon a <br />certification of a Local Finance Board with respect to any instruction, direction, or approval of <br />its Participating Employer and may continue to rely upon such certification until a subsequent <br />As amended December 7, 2012 <br />