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Section 6.02 Selection of Officers. The ini*ia' Dr°sia°~* offices of Chairman, Vice <br />D°~~~'~4 Chairman, and Secretary-Treasurer shall be by nomination and majority vote of the <br />Board. . <br />, Viee Pr-esident, , <br />ffem ameng :*s -„°-„b°rs ;ra:v;a„°'° *o ho'a ° ^h ^ffi^°. The term of office of the Pf-eside <br />Chairman, Vice Pr-esident Chairman, and Secretary-Treasurer shall always be for a period of one <br />(1) year from the date of selection by the Board, provided however, that the Pfeside Chairman, <br />Vice Pr-eside Chairman, and Secretary-Treasurer continue to serve until the election of their <br />successors. <br />Section 6.03 Vacancies. Vacancies in any office which occur by reason of death, <br />resignation, disqualification, removal, or otherwise, may be filled by the Board for the unexpired <br />portion of the term of that office, in the same manner as other officers are elected. <br />Section 6.04 Officers' Authority and Duties. <br />A. The Pr-esident Chairman shall be the presiding officer of the Board with the <br />following authority: <br />(1) Shall preside over all meetings of the Board. <br />(2) Shall vote on all matters coming before the Board for action. <br />(3) Shall have the authority, upon notice to the members of the Board, to call <br />a special meeting of the Board when in his judgment such meeting is <br />required <br />(4) Shall have the authority to appoint standing committees to aid the Board in <br />its business undertakings or other matters incidental to the operation and <br />functions of the Board. <br />(5) Shall have the authority to appoint ad hoc committees which may address <br />issues of a temporary nature or concern which have a temporary affect on <br />the business of the Board. <br />(6) Shall have joint signatory authority over operating accounts of the Paris <br />Economic Development Corporation. <br />(7) Shall sign when authorized by resolution duly passed and adopted, any <br />deed, mortgage, bonds, contracts, or other instruments which the Board <br />has approved unless the execution of said documents has been expressly <br />delegated to some other officer or agent of the Corporation by the <br />appropriate Board resolution, by a specific provision of these Bylaws, or <br />by statute. <br />BYLAWS-PARIS ECONOMIC DEVELOPMENT CORPORATION <br />7 <br />w 00024~ <br />