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(2) Provide policy direction and oversight concerning <br />the operation and management of Blackthorn. <br />(3) Review the Blackthorn budget and make <br />recommendations concerning the budget to Redevelopment. <br />(4) Establish standards for the operation and <br />management of Blackthorn. <br />(5) Review and approve the selection of the Contractor <br />by Redevelopment. <br />(6) Approve Management Agreement between Redevelopment <br />and Contractor governing the operation and management of <br />Blackthorn. <br />(6) Review, annually, the operations and management of <br />Blackthorn and the performance of the Contractor under the <br />Management Agreement. <br />(8) Review and approve the annual Blackthorn audit <br />prepared by Redevelopment and submitted to the Joint Committee, <br />as provided herein. <br />(9) Accept grants and gifts from Redevelopment and <br />Airport, the United States of America, the State of Indiana, <br />other units of general local government, and from any unit, <br />private corporation, partnership, association or individual: <br />Provided, however, that no gift or grant may be accepted from any <br />individual receiving services or from any member of the <br />professional or clerical staff or the South Bend Department of <br />Economic Development: Provided, further, that any grant or gift <br />received by the Joint Committee shall be transferred to <br />Redevelopment, for deposit with the Controller of the City of <br />South Bend for use as directed by the donee or grantee. <br />(10) In general, exercise all powers which now or <br />hereafter may be conferred by law upon the Joint Board for <br />purposes of carrying out the purposes of this Agreement. <br />11. FISCAL RESPONSIBILITIES <br />(a) Financial and fiscal authority and responsibility for <br />all funds received and administered in connection with this <br />Agreement, shall, on a day to day basis, be vested in the City of <br />South Bend, Department of Redevelopment, with the Auditor or <br />Controller of the City of South Bend responsible for the receipt, <br />disbursement, and accounting of all Joint Committee funds. <br />(b) The staff of the City of South Bend, Department of <br />Redevelopment shall serve as unpaid staff to the Joint Committee. <br />-11- <br />