Fondacija Novi Sad 2021 en

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7. Encouraging decentralization and democratization of cultural scene in Novi Sad; 8. Encouraging the construction of a sustainable cultural infrastructure; 9. Assisingt in the implementation of urban development projects. Article 5 Funds for registration the Foundation are provided in the Financial Plan of the Cultural Center of Novi Sad, Novi Sad. Article 6 Funds for its work, the Foundation collects from the following sources: grants, donations, contributions, the budget of the City of Novi Sad, Autonomous Province of Vojvodina and the Republic of Serbia, gifts, income from copyrights and related rights, interest on deposits, interest on term deposits, from performing economic activities related to the realization of basic goals set out in the Statute of the Foundation, international calls, public and private funds, and from other sources in accordance with the law. The assets of the Foundation shall be used exclusively for the realization of the objectives set by this Decision and the Statute of the Foundation. The Foundation is liable for its obligations with all its property. Article 7 Foundation in its work adheres to the principles of trasparency. Foundation shall submit an annual report on the work and the financial report on the implementation of the Project to the Assembly of the City of Novi Sad (hereinafter: the City Assembly) and publish it on its website. Foundation submits the annual financial report to the Agency for Business Registers. Article 8. The bodies of the Foundation are: Director, Steering Committee and Supervisory Board. Statute of the Foundation can determine the formation of professional bodies and commissions to provide technical and advisory assistance in the work. Article 9. The managing authority of Foundation is Steering Committee. The Sterring Committee has a president and four members. The President and members of the Steering Committee are appointed by the City Assembly. The mandate of the President and members of the Steering Committee lasts during realization of the Project.
Article 10. Steering Committee is obliged to manage the work in accordance with the recommendations of the Panel of independent experts of the European Commission and examples of good practice. Members of the Steering Committee receive financial compensation for their work provided in the financial plan of the Foundation. Steering Committee of the Foundation: 1. Adopts a Statute and other general acts of the Foundation; 2. Adopts the strategic plans; 3. Makes the annual work plan and report on the work of the Foundation, on a proposal from the Director, 4. Makes the annual financial plan and the final balance sheet of the Foundation, on a proposal from the Director; 5. Decides on the use of funds of the Foundation; 6. Forms expert working bodies and commissions and determine financial compensation for their work; 7. Ensures the implementation and realization of the objectives of the Foundation; 8. Adopts Rules of Procedure; 9. Performs other tasks in accordance with law and Statute. The annual work plan is approved by the City Council of the City of Novi Sad. In performing their duties, members of the Steering Committee are obliged to act as good hosts. Article 11. Foundation is represented by the Director of the Foundation who has rights and duties of financial executive. The mandate lasts for the duration of the Project. Director of the Foundation is appointed by the City Assembly, on the proposal of the Board of Directors of the Cultural Centre, Novi Sad. Until the appointment of the director by the City Assembly, the function of the director of the Foundation shall be performed by Nemanja Milenković from Novi Sad, 18 Blvd. Despot Stefan. Article 12 Director may be a person who meets the following conditions: - Higher education in the field: Cultural Studies and comunicology; social studies; arts; historical, archaeological and classical studies or management and business, the second degree studies (master academic studies, specialist academic studies, or specialist vocational studies) or basic studies lasting at least four years, - At least five years experience in project management, and - Participation in at least three international projects ineternacionalnog.
Page 1: Pursuant to Article 10 of the Law o
Page 5: Article 16 The mandate of the Presi

Fondacija Novi Sad 2021 en

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