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2024-022 - Approving Amendments to PEDC Bylaws
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2024-022 - Approving Amendments to PEDC Bylaws
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9/24/2024 2:17:30 PM
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4/24/2024 10:35:33 AM
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EXHIBIT A <br />Bylaws <br />Of <br />Paris Economic Development Corporation <br />A Non -Profit Corporation <br />Paris, Texas <br />ARTICLE I <br />OFFICES <br />Section 1.0.1.Registered Office and Registered Agent. The .Paris Economic Development <br />Corporation, hereinafter referred to as Corporation, shall. have and continuously maintain in the <br />State of Texas a registered office, and a registered agent whose office is identical with such <br />registered office, as required by the Texas Non -Profit Corporation Act. The Board of Directors, <br />hereinafter referred to as Board may, from time to time, with the approval of the City of Paris, <br />Texas, hereinafter referred to as City, change the registered agent, or the address of the registered <br />office, provided that such is appropriately reflected in these Bylaws and in the Articles of <br />Incorporation. <br />The registered office of the Corporation is located at 1125 Bonham Street, Paris, Texas <br />75460, and at such. address is the Corporation.. <br />Section 1.02 Principal Office. The principal office of the Corporation shall be located at 1125 <br />Bonham Street, City of Paris, County of Lamar., Texas. <br />ARTICLE II <br />PURPOSES <br />Section 2.01 Purpose. The Corporation is a non-profit corporation specifically governed by <br />the Texas Development Corporation Act of 1979, as amended. The purpose of the Corporation <br />o promote, assist, and eriliance economic <br />Corporation Act of 1979 and in accordance with these Bylaws. <br />ARTICLE III <br />MEMBERS <br />Section 3.0.1 Members. The Corporation shall have no members. <br />ARTICLE, IV BOARD OF DIRECTORS <br />Section 4.01 Board. The business and affairs of the Corporation and all. corporate powers <br />shall be exercised by or under authority of the Board, appointed by and serving at the pleasure of <br />BYLAIVS -PARIS ECONOMIC DEVELOPMENT CORPORATION <br />Updated and .approved by the Cite Council on 4-22-2024, PEDC Board on 3-19-2024 <br />
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