06/29/1971
"
I',"
, ""
"'>I~~
!\..,,~~..il:{l';:
..i\t!
i~d'
'.'
1
\
...
CI&ARVAUIl ImNIWtf IZVEU>PH1IiJt' I€MRD
KBftDC
~
r.II!!Il'
8.... t.,.. It., Qat__
.Jo.. F. Conellu.
Darwln S. fhnk
lventt Baua-
"nett Itluh8t.
loe a. Vollfe
.... ....
K. I. 'a!mel'
80.. Pbif...
Lout.. Klapplo
Lilla P. Ralulal1
DOlI 1__11
Chuck Do \aula
Rub1 J. CIIl
S....MlM B. Suttoa
11..8. Jack r. Wbthl
alII laad
I()hel't Taylor'
ftIe Cbat... opeaed . ...e.....ttb . ..1__ to all eM ...ta of 1M Boan_ 11II
..led ,t_t at tbe we ...t1118 of tb41 NIItH-.btp of tIae DoImu.a AleoctatSCID. a
_tl_ .. .... ..COllIded and ~ to b'anf... ell ...eee, lncluclbls ,..... to
1M Cll1lUWh~ DoIaICOWrI aav.~t ~cJ a. of hly 31,1971. and that tlae old
"teet.tion would take .tepa to pba.. O\lt of open.i._ .. of that "h. TIle m.t~
- a8bcl 101' a 110.... to .QCllpt tile olf.v. _tela lIOtlon was .... ..oonded aM pa1u..4.
the CbaIlMa .... ,. _Sue. npOftS _tell __ __ ... foil...
MaJor: H. -...et.... ~ rc. eM "ublleac, ... Public "lat'" ec.d&hII.
...'" . detall follav-up bPOl't bJ IS'" ..... ,0&'..... ........ b. .... _..1It4ICI
&bat a ~t .nnat ., 86000.00 pM' yea be p!tO't~decI.
as.. .... ~.... npoICM tol' &be r.4 U. Dewl..t CarDlttee .-4 atatod that be 1.
pl..... with the endaatutlc nepoue by 111. COIlDlttft n:lIIIIbQa 8M QaC tbe ltUIBO.tioB
eMt . ... .f f9l5.00 will ... ...... .. 100ft .. poadbIA h pe)' few pdadDa of ~he
..tatl ~.. by ....-Dw:al4p fo~ the cIotInCcJlWD eM of the city. ..4 fdcher: *'I881&l.oa
lllat ., 'eut 1000 copt.. ..11 be needed.
HI'. Den&a .... ~ low the I'AC'Cbarlte 1'1'OWts._ c..t&t.. atet'" that the ftn&
.f '...pl.... 1IU'CIIaMI.... pl'elrlOttoD. ..s11 be ..rt.aIoeD .. ....t 13 aad 14. .
..... .. ~.I ..... ",,-...- Be ...... tlMlt tile fuacIt _did _ '-.. ..lead by
......Pu. .... tile .......e. ad buul1O.. peoplo in the ....
... J... r. CoIadtu. .......hd ... the Jutleelt aM ,.... eo.SttCl4. _d pneeececl .
...... ..... .....,. for .,...t_ -lJ. lie ecIdlI4 tllet tile OCIIIdttee ....u.ucJ dae~ tIM,
_W _ ,.....t . ....1.. ...' _til tIaaJ kaw &be ..... of each CODDltc.. ..
npo&'ted today.
,... Chat..... Id.. tbe ftpofta .. _bDl.ttN act added tIlat . principal chon i.
CO am.. .c . ......' ... Id'la&e ......-.at.
At tide ,.a., De C..... .... h. ..lID '0 npGrC Cba pROpe" __ co "'tata
......aa. of _ ,... ~... .. .. to be _ tile tu n118 aD CbI ,.... 1'71.
'~.' 1. !; . -...... \. .~,...:... .;1>-""~.. ~ ..,..,'{ '$> _~~. (.~,.....::----: ~.....l'"!. -'r'"
~ "t , -\ ";; ".
.),.",'
~.'~'~ ;
',t.
...
~.'
~'
. . I
'i
1
I,
I'
l
,
'I
t
"
;,' ..
,
,','
, .'1"
, --"l'
. . .,.'
. , ' . .
, ., "':' " ,
Ct~
. "
c.
I
I
I
I
I', .,
" ,1'
fV "",,,,,. . \:,; ~"'. ~ ~h (4 ,
,",-'."""..:,"{"
. .~1~1~.:s.! ~.l;;'"\' ~ . .S~,,:
1>,: .
..~ : ;'., " :
. ...
Ilr. Volf. auteel tbac ia Id. opiDlon the Act .. ...tlbted by tbe &.at.latun ...
ooatamed ., &be two dC)' nfe....... ... OM wblcb Ibould be '1__.4 by tanl atutlaa
wltb tbI ,..... 1971. lie addecl Pet the TIX AI__~ acatecl that tbla CGQId DOC be ....
becau. of elM lAat.e oqDl..t......l date 01 the loud aa4 that he nco.~,-.I. Co tbe BoI:II
&bat 1...1 M'''' be ca_ to lone the p1aceMaC of .... milia.. Oft the tax wol1. 101"
tltl. 7..~. He acI4e4 tlMlt _&Otut"" an DOt camplete .t tbl. elate but will be I_I
witbta . pea10cl ef tbIM ..b.
11.. ComalS"'1 ..-.... ~ the ltacllDp of ble COGftlttee ... pn_ced .. ope_tlou1
.......t, but ....t alktjlllce tol' pnJect ....f.ftllrleDu. Afte!' clf.ecu..lon. . motlOA
.. ..s. ad ~ co app"" . _1ft ...tba bu....' So the asDOUDt of $21,115.60, to
CWd' die ,adod _.4*'C....S Juae 1,1971. Tbe UcMI laCl.. . liau... of $7.000.00 &0
cowa pnJec:t ..i~ta. lfhe motloa.. p......
a._ .. tile eppa4JWI' .....t ....... . llil"'" -co of 7/11 .f . IISl& .. COD.Wlnd.
nai. n..lted ... . _'loa to ..cabl"eh. Id.llaae nte of 7/12 ....11 ,. &be fint yea.
ftaa _d_ .. I8COIIdecJ ... ,...... vitti . .uetin. elate of JUDe 1,1971.
lie. Cemelltll polaUd ouc that UDtil _ ... foIo ... that _ _11 be _ the tea 1011.
(01' &1M year 1911, .. .., a'i11 be 'aceet with ,be ....d co ..1, _ pd.Yaa IUblCdpttoa
.. eM A...",,, hu __ tbe put ,..n. ....f.....be .tated 'M" _ DOt '.....t
OUr' ..,p.a ... pd._ ...... t.at ..tha, jf _.... ... 1ft _ ,Oftulllub...lpttoa
to caI'O U al_ .tll tea ..llan .. avalJa1e. to u..
,.. C....- ..ad dial lW. Volfe ... pnp.... . Mt of "'law wId_ 1Ia.. bMD .i..
td1llatod to tile ....... !be ....... Claat follaiUld .....ced ........1 nCbu cdaOI'
........ 1IIdcll .few ......,.... __ 1801..... ill a _daD to aelopt ,lie bJ'- ..
MYl_. .,.. .... .....Ied.
,.. a.a.- ..... foe..'''' . ,npancopi.. of &he ........ ~1aw to be ..iled to
.11 .......w.n '- tile __.... _. vt.~ . GGYa&aa le'tee _k1f~~ll .tate Oat at
.... .. d ....... ,.. ... .il", "te 'b8 n.... will M ..llled aad . poalCloG
.... ..... .. dae ....... ~ _Uea .. .... ...... aDd ,......
.e~ .11e ....... *. . Ia&tel' be wi~, co be .l8iIe4 by the Chal~ ..... Vlce-
Cbd_. ........... U. tall ....101' of ,be "ct._eo ....... bJ t..... loUd ... napeat
.,ldl....' .. .,.U.doil of eM "'llqa .. diateada. ~ bJ the loud. A _tloa ..
..... ....... ~ . .....U..l Dlnccoe .. ACtcmIq to ,.~ INCh . a.cu.
.& --. .. ..... .. ..-..
.,. C1Ia~ ...... dial . ......... ...... .. naad co . depadtuJ' 10. &be fuad. of
eM ........ _&_...., ....... .. ,._. co. eM .11Me dlat t1ae a.k 01 CleutMcu
.. .. ..,......., beak.. the ..... 1M _tt.oe pa..... A fufthu _ct....., ......
.... ..... 10 .1'- tho II..."'... ., till a.att... Din&tow. fte e......... ead tba
.i.rOllt_ .. h 81.. Willa tile ... oJ C....tn.
hi GIrIal_ ........ .. tile pn..' 1181'1." ...... policy ..., III eOeot. .. atated
tha, .... . ..." .... JIll" ."....., _.t &be __lap ia ~~ tdCla tbe wi...
of t1ae 11f" ........ ~. ..-t..... .. ......... pa'" to COIIplJ with tile..
.--.
....... ...,......
tI. I. ......
I_d... Hncr.e..
> . . . ~
,
"
;
..
. ,
.~.
, :~' ; .'.:' ',1 .
<. ' ~ .
"jl ..
., , !
. d !
. !, ~
.;"
,t ' " "
: \ "
( . ,:.)
....
, ,
,,..'l..
-
, i .
'F
,'.; J .... ....
I
, ~ '.
,.
" t., '
", <,:1,
i.....,. , I'
" ," I'
. ': " .~. ';' .
'/
. ,~. "... /' .
"~ .-
. -I ',,'
":
"
":."
,1', ',>.
-~._._'.... ~------_._~----_.._..._.. ------"----
.....-.. .,_..~.:
:' I'
""
INVENTORY
OFPICE EQUlPHEMT OF THE DOWRTOW ASSOCIATION OF CI,E,\IWATBJl. mc.
2 BiSh Point .alaGt deak. $390.00
1 Exec. Actua. IlriYGl an chair 65.00
'..'
2 Killer ~ chair. 70.00 -.
1 TypeRi ter atal14 32.50
.1 St..baa.ter file 59.50
2 'Ja~er . atd, chaira 40.00
l' Underwood typnr1ter 150.00
1 ,<:enera1 ad4taglDlcbl11eO 98.00
ria 3S~60
1 Tn- wi tel' table 42.50
ria 1.80
1 Wall1Gt letter t....y 3.20
TI2 .10
. . '1 .. . .'Corporat, S,.l 9.25
'<. rl2 .28
2. Vaat.ba.kets 7.05
Tu .29 .. . . ..
.. ,
,I Dictl"~ .95
..
. .
" :2,,' .; C~~..a... pads 5.20
.. r.. .20
.'
'.' , l' Po.~. 1e.1e 6.00
. . ,.
r.. .24
1" . '''01418& 'tabl, 69.50
8 Sleek chair. 87.60
ra. 6.29
1 l' ap. Recorder 51.95 '.
'1"IX 1.99
1 OraaMotal pl.at 21.97
. . rax .88
I Polal'Oid eaMra 29.95
110 ras
$ 1287.79
, ',""
.'t"'."" "
, ' . ..::. ~ . : -. .
<',; ~ . ','. :
;.c fl'
. ';""".
;1~~~;~~~~;, '"
t
II
f,
i.: '.:,
I ;."!
i,
! "
. "
.,
t,"
',,-
i 'f{t.
.
I
I ',r
'I':;.
" \:
"
...
-
" '>
\ '
-
(,i'
j j'~~~
i..1
'. .
:~
'I~. ~
,f\G
..
:,-,. t';':
<,;;;:
.\ .'1~~~
1,1
\.,
F,
''.(1 .
~>~Vi\.
f. .~,
1"1;'
li
~~'.
t
1
f
l~;
.
.,
".
'\._-:......~,
....\1
~
.;,.
: ',,:!',;
~/1;"~'
.~:~
'~t~~'!
,JII!f-i;
.
':J~,
.
~.
,..
r~..;'
..t' '. ;?(:;;~i;f:,;~:T.
( .' ~
'I""'" \"'.~'''' 1/ ..,. '.'l:'; ';";':""i~";?~~'~n~:,"r-:~.:ri~~'l
.' .,;. ',.:,'..i'./,. ::.' 0".', ); '.,<,; . /..;" '/.:;.:;:,,~,: .,! ,"
" , '.> '~:.:'>.','i::;:;t.;;,:. e.jd~ ~~(::,. ';C':::,'
. ',.",.'t,,,:f>':': ';,',
.. ..,:.<:.".,{, I., ;;.,
":," I ,::,.:;\\.:.:~'" ;.;:.::::
..' ,', "":"";;;""" "" ""'" ;":'
. .',':."'"
, '. i: .<;",:,.'"';:,,.;;,..... i:.";,. 'J;: .':" ,,:'.;-:
, . ; ',,';!. ,'..... ;'::'.\ :"'::.<. ,.'. 'c'''. '.1
; :, :':': . .' : " . <.,' J:::/,:...~:'<::;':::; ;;~;'.i',':>'..
:' . . ;. 1"..,:. I',. .,,:':'~;<'.iy:;.':~;,j; ,'.1 ,.,' .;:,' :,:.;::,
.,. .' . \:"/".;.. '.".i. ':;','i..." ".-." ,.,; . '>" ".
,.,",;;,.:;f/::.,-<."{;::,; "":;;'",;:"y::.:;,?';.
i:~:\" .:.
i:.. ',.,: ....'}":;~;..';.
;i',.. .'. >~:"';"\ '" ,':)
.}. " ~\/:""" ,;,t'.i;
. }{;::'" .; ".;.~:,. i.?: L.
,::~\:,;, .' ~:'.:'::: ,'" , .. ,':.
c. \ , '." il", ,:':r>,:-~>~::.
1<',' , ~.; .:' :r;.c'{;:",
!/,..;,.. ;(,).\<;. ',I.,/,:,t'
:;("':J.:~;/;:,">': j';,,'....
,'., '':;'"'' )(t~: :"'::
'.\ ...'-'
:.:,',
[f~I;~
.;-'::'.
'?,,';:.:'J",.;,:,,:.. ,.;~' ',;:. ''7; ,..;':. .....:..,;;:';;~.;'. ", :: t",,;::,~::;'" . , /;':::;\'f<;;;:")"';:;""::"/." ,,:.' . 'c:j.~ ,'i'.'
.J'., [;,:,,:~)::, "",;.:..'....:';',': ".;/ /:< '.\::;;'::,' "";"'~'~~';'~\~.:; ::,:':':','\':, "
,.,..,"':'::":"'", ,~~;<~..,.,::'" .J;', ,i;1" 1.'.:,:\>hX .:::;}.;::) '"
r,. :it :',. '::; ~:,di>),:;<U",:.:'t l}.;'~"," "',;'.{;,:;~:: "';';>,:'" .'>;:;....', l ').',".',
'..) >:'.:' ,,::<<') T:. ,.,:',.< /</';r""'.;::'i..i;' . "..
:,;, ;:,: ,:,:;.~ ~"~'" " :.if "': 7\"'::W;'~::~i:;>(,'.:
,'.J.. ~~~ :;;;,j;: > <'':)\ ',' :,';?: ,";':;;\,:. ';'" ;f~:;;" ". '.,,;';,:;;' ,,'
"..I' /. :';"\:":i':C Ii;';,;,:..!;:;;"'; ,.', 'J'.";: "'<::;\'.' ;,',
(,f ,':> i c':.::: (.", , i.;;.'J,.)Y;, {;""':.'':".'':': :.i"
',.' ".' i,. , ' ..":':; :. .', ".q,' /"',:': ."~';j.f:~~:':'':'''\:/':.:,.(~>,:,\...l':,,' '; :.,;
":1 1 ,',
f~"
, " -" ... rt.~\....~;.~:
"',
,
,
.
"
. ..
Olearwater Downtown Developmen~ Board
....... .t..t.". It.".""... .... It... It.. ... It..t........"".."... .....".. It. It..t... It..".." .. It..... .,. ..,."....... ..,,,..,,..,,..............,,.... ft.. ......... .t....
(Naml of Corporalion)
I HEREBY CER'fIFY TO... .... .~~.~.~.. ..l?.f. .g.!~.~.~.~.~.~~......... .................................... ....
that at a meeting of the Board of Directors of.......?.~.~~:.~~.:.:...E~~~~.~...p..~!.~~~.P.,IIlecBrlo~~cMrd
organized under the laws of the State of....!.~~.~!.~.~........................................................duly called (a quorum
being present) and held at the lalcl tll1' ~1rt<tt~1 ~cI......q!.:t!.l...~~.~!.................................................
. . Clearwater Flortda 29th
In the City oL................................................. State of.......................................... on the ....................................day
oL.............~.~.~............................... 19..'T.L, the following resolutions were duly adopted and are now in full
force arid effect:
Depositary
and Si8f1ing
Resolution
RESOL VEO, that the above bank be designated as a depositary of this corporation, and that
funds of this corporation deposited in said Bank be subject to withdrawal upon checks, notes, drafts. bills of
exchange. acceptances, undertakings of other orders for the payment of money when signed on behalf of this
corporation by any...................~!~..<.?L.................... of its followin8 officers to wit:
(Number)
Bruce Taylor, Chairman
JOs.F~Oorne11us, Vice Oha1rman
'M.E.Palmer, Executive Director
Borrowing
Resolution
. RESOL VEO, that the above bank, is hereby authorized to pay any such orders and also to
receive the same for credit of or in payment from the payee or any other holder without inquiry as to the
circumstances of issue or the disposition of the proceeds even if drawn to the individual order of any signing
officer or tendered in payment of his individual obligation.
Jf~~~';;~t~~t.D~~t~.~.~~~i;j:o.:~~~~...~~.~~.~.,....9.f..~~.:..tWO.)...........
........ ....... ...... ... ... ......... ... ....... ..... -......... ..... ..... ............ ................. ... ....... ................... ... ............................... ...... ................... ............... ....... ........................... .... .....
be and they hereby are authorized to borrow from time to time on behalf of this corporation from the above
bank sums of money for such period or periods of time, and upon such terms, rates of interest and amounts as
may to them in their discretion seem advisable, and to execute notes or agreements in the forms required by
said Bank in the name of the corporation for the payment of any sums so borrowed.
That said officers are hereby authorized to pledge or mortgage any of the bonds, stocks or other securities,
bills receivable, warehouse receipts or other property real or personal of the corJX?ration, for the purpose of
securing the payment of any moneys so borrowed; to endorse said securities and/or to issue the necessary
powers of attorney and to execute loan, pledge or liability agreements in the forms required by the said Bank
10. connection 'With the same,
That said officers are hereby authorized to discount with the above bank any bil1s receivable held by this
corporation upon such terms as they may deem proper.
That the foregoing powers and authority will continue until written notice of revocation has been delivered
to the above bank.
RESOLVED, that the secretary of this corporation be and he hereby is authorized to certify to
the above bank, the foregoing resolutions and that the proyisions thereof are in conformity with the charter
and by-laws of this corporation.
I FURTHER CERTIFY that there is no provision in the charter or by-laws of said corporation limiting the
power of the board of directors to pass the foregoing resolutions and that the same are in conformity with the
provisions of said charter and by.laws. .
I further certify that the following are tl}e genuine signatures of the persons now holding office in said
company as indicated opposite their respective Signatur~~... ...........~~_.. ........L .. .... ..................(Title)
.-;~ v. .- ..,(..
.. ..~.............~. ~~ .....=...~ O'.;~:."~~~~(T~tlle))
.. ..... ............ ..... ..., ...".......... ~. It e
......... ....rJ.. .-.7......;... ..;:;'~..A.... .......f... (Title)
'- . - ,. ..........................C................................................ (Title)
IN WITNESS WHEREOF, I have hereunto set my hand as secretary of said corporation and affixed the
corporate s~t~~..~.?.~~.............day of........~.~.~.~.~:..................., 19.:2... _ A A
--......L/JtZ(.~....=u..__................
(CORPORATE SEAL) Serl'elary of Ihe CorporaJion
,
\.
/.:...j- '... I~ '. 1_
i-. "
~_' C_,
;;r:'~ (...~. .-: ,j...~.
~ ,j;.... ,-'
i ~.;'" ,
" . /~ ~ I
t 'c."
., .
'-.
.::
....
,
.. ,
, ,
NOTE: In (aJI Ih, s,(rtla,y or (Jlh" ",roraing offi(" iJ aJllhorized 10 sign (he(ks, nolls, tl(., by/h,
ahofJe reso/lllions, Ihis rerlifi(alt mllsl a/so b, signed by a slrond of/kif of Ih, (orporation.
DeLano SclY!ee. Alle.w, HJch. Form a.lo
,:3.~+;.~~~~;j1{.li~~~[ \?;!J(J,;;,' . :.,,' ;",,'>y,:":
" ,,,. ";~'f.'i'f:..tI. 1.':, """'lo~'V "r~'.. '.'1' ;...#...~... ~ :>1~<."~.~.....\ ~." ):-. '
. :">'~'~~:~~ :-' ;'. ,', '. l..~:;/:.;':;::.:.:~:.:;::.::.....t~.. :.' ' .' .
;","
,.....1',' ;';".: :,.~; ,,:.;" . i::::~{~ffr;~;l~j{.~:;~?~.;::,; :}f~.{~J~:~;~;k;::0/;~:??:\pt~~~;\~;;~:.1:~.r~~t,f~
-'.. '.
" ". ~,!
"
,
"
.,
i:'
;
t~; ,
.....
I.';'.
~:::'.;~' ~
,.'"
I';'
"
~~
l
"
.7/~'" -
f\~ :
;~~t~:!
1~lr~'
,.
"i,
'.
!
" .
.~
If...
<,..
'i;... i
~ l'
I
,- .!
l
1. '(
.. .i
,.
(.
,
.;:. ~'
J
J
':\
1
r;}
"
:' .~
. v
;' /
",','
,.
..,
'1
., ~~
., ,
" ,
,
"j
; J
.f
;~,. ,
~J
\
1:,;-
..,
:j
.'~
\"
\.
,\
H
::f
:,~
.' ./
{
,
" ,
i .i
. ,
,
~
I
~)
.' . ~.
'r
: \'
" ..(,1
. 1,
; f
"'. .\'\
,;
I
.~
.Ii
.~ )
., ,
. . .,' ':'. ;.. "~. .,;,~
,,0'__,:.'. ,_ . .:~.'..,:," ...
.""",'1. ,
.
~-~ i~~..
. "~I
" ".,'
. .',:
. .... \
, - ' . .. (/ ~' ,
';,1 ',.
"
,,"", "1
.', ':,
,"1,,', ,,-,.
4,;}/'"."
'''' ,
, .of";
'~
. , . .
~.' ',,'
"I, '.
,.,
..1
. 'I
'",'
,.I .
, '
, ;: ~ '. . "
,,: '.
. .......
", I
.'.. .
" '. ::,';
BY IA'vS
OF
CLEARlvATER D(JolNravN DEVELOPMENr BOARD
ARTICLE I - Name
This body corporate shall be known and cited as the
"CLEARWATER D~NrGlN DEVELOPMENT BOARD. It
ARTICLE II - Purpose of By Laws
The purpose of these By Laws is for the Board to formulate its
own rules of procedures and its organizational structure consistent with the
Doentown Development Board Act. These By Laws will not duplicate the various
sections of the Clearwater Downtown Development Board Act which specifies the
downtown area description, the cClDposition of the Board, the functions and
powers of the Board, and other matters in connection with the nature of the
Board.
ARTICU: III - MEETINGS
The Board shall fix a time and place for a regular roonthly meeting
and shall direct the Executive Director to mail notices of such regular meeting
to all freeholders in the downtown area. A special meeting of the Board may be
called by the chairman or any other two members of the Board and notice of such
meeting shall be mailed to all freeholders in the downtown area five days prior
to said meeting.
ARTICLE IV - FISCAL YEAR
The fiscal year of the Clearwater Ibwntown Development Board shall
be a calendar twelve month fiscal year, exceot ~~t the first ii.scal vear shall
begin June 1. 1971. and shall run for seven mont IS and end on December 31. 1971.
ARTIcm V
Financial Matters
A. The Executive Director shall keep an appropriate set of books
and shall prepare monthly financial statements to be available at the Board's
regular monthly meeting.
B. All monies deposited in the Board's checking or savings accounts
shall be withdrawn only upon signature of the Exeoutive Director of the Board
and countersigned by either the Chairman of the Board O;t the Vice-Chairman of the
Board.
D. There shall be a financial committee which will oref!re an annual
~d=t b;;the mo'iith'Of JUlf each ~ar. fh6 Board:"'Sliall approve ssi Dud get or
e $a at its JulJl mee irnr or arUs, in order to submit the' millage require-
ments to the Tax Assessor prior to the time of the Assessor's preparation of his
tax bills.
. ,
1 of 2
;
'\
i
"
'\
-
,
:'1. ..
I....
" ~~", ~ . ~ ,.;:~,,";'.. .....
,~:~.. .:.,.',.... ::.~~:{ ~".\:.~~. ;~', :,: ", .,'.:';:~~::j;;r.~:,\~ <~\,l ~,
E. The Board may borrow such funds and under such terms as it may
determine to be necessary in order to meet and fund its budgetary needs.
ARTICLE VI - Minutes
The Executive Director shall take and l~eep Minutes of each meeting
of the Board, and copies of all correspondence in connection with Board business,
together with any other written documents) publications or reports that might be
germane to the Board's function.
ARTICLE VII .. Amendment of By Laws
-
These By Laws may be amended by either the Board proposing such
amendment or ten (10%) percent of the freeholders signing a petition proposing
an amendment, and shall be passed as an amendment to the By Laws upon a majority
vote of a written ballot of all freeholders. AU freeholders shall have thirty
days after receiving any proposed amendment to the By Laws in which to return
their written ballots and the majority shall be determined from those freeholderc
that do return their written ballots.
ARTICLE ViII - Officers
~1: the first annual meetinr! of tpe Boa~d.. the Boa:rd shall elect
a Chair1llan and a ~ice-Chaipnan." ,.
A. The Chairman shall be the Chief Executive Officer of the
corporation and shall have the general powers and duties of supervision and
management usually vested in the office of chairman of tlte corporation. He shall
preside at aU meetings of the Board and shall have general supervision, direc-
tion and control of the business of the corporation.
B. Vice-Chairman: During the absence or disability of the Chair-
man, the Vice-Chairman shall have aU the powers and functions of the Chairman.
ARTIClE IX - Organization of the Board
A. The Chairman shall annually appoint a Chairman from either the
membership of the Board, or anyone that might be eligible to be elected to the
Board under the Act ~ for each of the following standing committees:
1. Finance and budget comnitteej
2. Business and merchants promotion committee;
3. Land use development comnittee;
4. Public relations committee;
5. Traffic and mass transportation committee.
The Board shall appo int an Executive Director) fix his salary and
determine a suitable office and prescribe for the duties of the Director.
ARTIClE X
Executions of Instruments
AU corporate inst:tuments and documents shall be signed by the
Chairman of the Board or the Vice-Chairman of the Board and countersigned
by a ny member of the Board.
2 of 2
'.'. j
,- ',- ..
:, . . :-'
j:"
.,'
; ,;'
\".
'.' ; ,
, "
, \,
;11 ..
r.
.
i
,
t
.;
T
,\'
'I
r
i