C.R.S. § 32-9-109.5: Board of directors - membership - powers - reports.

(1) (a) Effective beginning January 1, 1983, and ending December 31, 2028, the governing body of the district is a board of directors consisting of fifteen persons, each of whom is an eligible elector residing within a director district.

(b) Effective January 1, 2029, the governing body of the district is a board of directors consisting of nine individuals as follows:

(I) Five eligible electors residing within a director district, elected as provided in section 32-9-111; and

(II) Four eligible electors residing within the district and representing the district at large, appointed by the governor and confirmed by the senate in accordance with section 32-9-111.5.

(2) (a) The elected members of the board of directors must be elected as provided in section 32-9-111.

(b) The terms of members of the board serving on December 31, 2028, shall expire on January 1, 2029, and a new board, constituted pursuant to subsection (1)(b) of this section, shall take office on January 1, 2029.

(3) The terms of members of the board serving on December 31, 1982, shall expire on January 1, 1983, and a new board, constituted pursuant to this section shall take office on January 1, 1983, after having been elected pursuant to section 32-9-111.

(4) All powers, duties, functions, rights, and privileges vested in the district are exercised and performed by the board; except that the exercise of any executive, administrative, or ministerial powers may be delegated by the board to officers and employees of the district. These powers, duties, functions, rights, and privileges include, in addition to any other powers and duties specified in this article 9:

(a) Setting policy objectives, including policy objectives that are directly designed to grow ridership within the district, to be implemented by employees of the district;

(b) Hiring, managing, and evaluating the district's general manager and chief executive officer based on appropriate measures of performance aligned with the district's ten-year strategic plan set forth in section 32-9-165 (1);

(c) Hiring, evaluating, and overseeing the district's general counsel, and ensuring that the district's general counsel reports directly to the board;

(d) Developing, adopting, and overseeing a fiscally responsible budget for the district, including an annual capital budget with project costs and financing mechanisms;

(e) Developing and approving the district's ten-year strategic plan and comprehensive operational analysis;

(f) Engaging with constituents, local governments, the department of transportation, the Denver regional council of governments, transit agencies, and community partners to obtain input and feedback on the district's decisions and operations;

(g) Pursuing opportunities to grow transit ridership and make transit services competitive with driving;

(h) Developing and promoting strategies and legislation to ensure that the district has the resources it needs to implement its strategic ten-year plan;

(i) Meeting quarterly with the department of transportation and with the Denver regional council of governments and meeting biannually with any labor organization, as defined in section 24-34-401 (6), that represents some or all district employees;

(j) Performing an annual review of the district's chief financial officer, in the district's discretion; and

(k) Conducting an annual financial audit of the district.