The president and chief executive officer of the Association is responsible for the day-to-day operations of the Association and its employees and contractors. The president and chief executive officer may:prepare the financial plan for review and approval by the District Management Committee; implement the approved financial plan and arrange for the collection and disbursement of the District special assessment and all revenues of the Association; establish procedures and processes necessary to perform the functions called for under the financial plan and the budget; hire and retain employees, agents, and contractors as needed to perform the president and chief executive officer’s functions for the Association; exercise the powers granted to the Association by this subtitle, except that the District Management Committee retains final discretion and power with regard to all substantive agreements, contracts, and other arrangements binding on the Association related to District funds; and exercise the additional rights, powers, and authority delegated to the president and chief executive officer by the District Management Committee. Ord. 19-250