1996-073-RES WHEREAS, CITY COUNCIL DID HERETOFORE ON THE 15TH DAY OF NOVEMEBER 1993
RESOLUTION NO. 96-073
WHEREAS, the City Council of the City of Paris did heretofore, on the 15th day of
November, 1993, in Resolution No. 93-112, approve the Bylaws of the Paris Economic
Development Corporation; and,
WHEREAS, due to inconsistencies in the Bylaws with respect to the dates on which
officers of the PEDC will be elected, it is deemed appropriate that Sections 5.01 and 6.02 of
said Bylaws be amended; NOW, THEREFORE,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, that
Sections 5.01 and 6.02 of the Bylaws of the Paris Economic Development Corporation be, and
the same are hereby, amended so that the such shall read as follows:
"5.01 Annual Meeting
"There shall be held in June of each year an annual meeting of the Board
of Directors, At the meeting, the annual work plan shall be considered and acted
upon and such business as shall properly come before the meeting shall be
transacted, including the adoption of the next year's proposed budget."
"6.02 Selection of Officers
"The initial President, Vice President and Secretary-Treasurer shall be
elected by the BOARD and shall serve through July, 1994. On the expiration of
the term of office of the original President, Vice President and Secretary-
Treasurer, the BOARD shall select from among its Members individuals to hold
such office. The term of office of the President, Vice President and
Secretary-Treasurer shall always be for a period of one year from the date of
selection by the BOARD, provided however, that the President, Vice President
and Secretary-Treasurer continue to serve until the election of their successors.
Officers shall be elected at the first regular meeting after July 20 of each year."
PASSED AND ADOPTED this 15th day of July, 1996.
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ATTEST:
Mattie Cunningham, City Clerk