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11 & 12 - Tax Increment Financing Reinvestment Zone Number One - Bylaws, Final Project Plan and Financing Plan
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11 & 12 - Tax Increment Financing Reinvestment Zone Number One - Bylaws, Final Project Plan and Financing Plan
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Section 3. Interpretation of Bylaws. These Bylaws and all the terms and provisions hereof <br />shall be liberally construed to effectuate the purposes set forth herein. If any word, phrase, <br />clause, sentence, paragraph, section or other part of these Bylaws, or the application thereof to <br />any person or circumstance, shall ever be held to be invalid or unconstitutional by any court of <br />competent jurisdiction, the remainder of these Bylaws and the application of such word, phrase, <br />clause, sentence, paragraph, section or other part of these Bylaws to any other person or <br />circumstance shall not be affected thereby. <br />ARTICLE V <br />GENERAL PROVISIONS <br />Section 1. Notice and Waiver of Notice. Unless otherwise required by State Law, <br />whenever any notice whatsoever is required to be given under the provision of these Bylaws, said <br />notice shall be deemed to be sufficient if given by depositing the same in a post office box in a <br />sealed postpaid wrapper addressed to the person entitled hereto at his post office address, as it <br />appears on the books of the Zone, and such notice shall be deemed to have been given on the day <br />of such mailing. Attendance of a director at a meeting shall constitute a waiver of notice of such <br />meeting, except where a director attends a meeting for the express purposes of objecting to the <br />transaction of any business on the grounds that the meeting is not lawfully called or convened. A <br />waiver of notice in writing signed by the person or persons entitled to said notice, whether before <br />or after the time stated therein, shall be deemed equivalent to the giving of such notice. <br />Section 2. Resignations. Any director or officer may resign at any time. Such resignation <br />shall be made in writing and shall take effect at the time specified therein, or, if no time be <br />specified, at the time of its receipt by the City Council. The acceptance of a resignation shall not <br />be necessary to make it effective, unless expressly so provided in the resignation. <br />Section 3. Avoroval or Dele ation of Power by the Cite Council. To the extent that these <br />Bylaws refer to any approval by the City, such approval of delegation shall be evidenced by a <br />certified copy of an ordinance, or resolution (if permissible), duly adopted by the City Council. <br />Approved by the TIRZ Board of Directors on the _ day of <br />Approved by the Paris City Council on the _ day of <br />
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