HomeMy WebLinkAboutRes 2014-09-10 EDC Amended By Laws.pdfCITY OF ANNA, TEXAS
RESOLUTION NO. 2014-09-10
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS, APPROVING
THE ANNA ECONOMIC DEVELOPMENT CORPORATION BYLAWS AS APPROVED AND
ADOPTED BY THE ANNA ECONOMIC DEVELOPMENT CORPORATION ON SEPTEMBER
4, 2014
WHEREAS, the City Council of the City of Anna, Texas ("the City Council") recognizes that
on September 4, 2014 the Anna Economic Development Corporation ("EDC') passed a
resolution adopting amendments to the Anna Economic Development Corporation Bylaws;
and
WHEREAS, the City Council has determined that said Bylaws should be approved;
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ANNA,
TEXAS, THAT:
Section 1. Recitals incorporated.
The recitals set forth above are incorporated herein for all purposes as if set forth in full.
Section 2. EDC Bylaws approved.
The City Council hereby approves the Anna Economic Development Corporation Bylaws as
amended by the EDC on September 4, 2014 and as attached hereto as Exhibit A.
PASSED AND APPROVED by the City Council of the City of Anna this 23rd day of
September, 2014
ATTEST:
Nat a Wilkison, City Secretary
RES. 2014-09-10 Anna EDC Bylaw Changes PAGE 1 OF 1 09-23-14
ANNA ECONOMIC DEVELOPMENT CORPORATION
BYLAWS
These Bylaws ("Bylaws") govern the affairs of the Anna Economic Development
Corporation, a public instrumentality and a non-profit corporation (hereinafter referred to
as the "Corporation") created under Section 4A of the Development Corporation Act
of1979, Article 5190.6 of the Revised Civil Statutes of Texas, as amended or recodified
(hereinafter referred to as the "Act).
ARTICLE I. PURPOSE AND POWERS
Section 1. Registered Office and Registered Agent.
The Corporation shall have and continuously maintain in the State of Texas a
registered office and a registered agent whose office is identical with such registered
office, as required by law. The Board of Directors of the Corporation (the "Board") may,
from time to time, change the registered agent and/or the address of the registered
office, provided that such change is appropriately reflected in these Bylaws and in the
Certificate of Formation of the Corporation (the "Certificate").
The registered office of the Corporation is located at 111 N. Powell Parkway,
Anna, Texas 75409 and the Corporation's mailing address is Anna Economic
Development Corporation, P.O. Box 776, Anna, Texas 75409. The registered agent at
such address is Jessica Perkins.
Section 2. Principal Office. The principal office of the Corporation in the State
of Texas shall be located in the City of Anna, Texas (the "City") and it may be, but need
not be, identical with the registered office of the Corporation.
Section 3. Purpose. The Corporation is incorporated for the purposes set
forth in Article IV of its Certificate of Formation, the same to be accomplished on behalf
of the City of Anna, Texas (the "City") as its duly constituted authority and
instrumentality in accordance with the Development Corporation Act of 1979,Article
5190.6, Tex. Rev. Civ. Stat. Ann., as amended or recodified (the "Act), and other
applicable laws.
Section 4. Powers. In the fulfillment of its corporation purpose, the
Corporation shall be governed by Section 4A of the Act, and shall have all of the powers
set forth and conferred in its Certificate of Formation, in the Act, and in other applicable
law, subject to the limitations prescribed thereof and hereof.
ARTICLE II. BOARD OF DIRECTORS
Section 1. Powers, Number and Term of Office.
ANNA ECONOMIC DEVELOPMENT CORPORATION BYLAWS Page 1 of 15
(a) The property and affairs of the Corporation shall be managed and
controlled by a Board of Directors (the "Board") and, subject to the restrictions imposed
by law, by the Certificate of Formation and by these Bylaws, the Board shall exercise all
of the powers of the Corporation.
(b) The Board shall consist of seven (7) directors, each of whom shall be
appointed by and serve at the pleasure of the City Council (the "Council") of the City.
Each Director shall be a resident of the City of Anna. Three Directors shall be persons
who are not employees, officers, or members of the governing body of the City. A
majority of the entire membership of the Board is a quorum. The Board shall conduct all
meetings within the boundaries of the City. The Board shall appoint officers as set forth
in these Bylaws or that the City Council considers necessary. The Corporation's
registered agent must be an individual resider 4ie Wresiding within Collin County
and the Corporation's registered office must be within the boundaries of the City.
(c) All board members shall serve terms of two (2) years. A position held by
a board member who also serves on the City Council shall automatically be vacated if
the person holding the position is no longer a member of the council. Appointments to
Places 1, 3, 5, and 7 shall be made in odd numbered years; appointment to Places 2. 4,
and 6 shall be made in even numbered years. Appointments are to be effective as of
July 1 of the year in which the appointment is to be made, except that a position held by
a board member who also serves on the City Council shall automatically be vacated if
the person holding the position is no longer a member of the council. Appointments to
Places 1, 3, and 5 shall be made in odd numbered years; appointment to Places 2 and
4 shall be made in even numbered years. Appointments are to be effective as of July 1
of the year in which the appointment is to be made, except that appointments made to
fill a vacancy are effective immediately upon appointment by the City Council.
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(e) Subject to Art. III, Section 5.A., the majority vote of the Board of Directors
shall have the power to hire and/or appoint officers of the corporation. In the absence of
the officers, the Chairman of the EDC will act as President of the Corporation, Vice -
Chairman will act as Vice -President, the Chief Financial Officer (CFO) will act as the
Treasurer and the Secretary will act as the Corporate Secretary.
Section 2. Meetings of Directors. The directors may hold their meetings at
such place or places in the City as the Board may from time to time determine;
provided, however, in the absence of any such determination by the Board, the
meetings shall be held at the principal office of the Corporation (Anna City Hall) as
specified in Article V of these Bylaws.
Section 3. Notice of Meetings.
ANNA ECONOMIC DEVELOPMENT CORPORATION BYLAWS Page 2 of 15
(a) Regular meetings shall be held monthly at a date and time determined by
the Board by resolution. Special Meetings of the Board shall be held whenever called by
the President, by a majority of the directors, by the City Manager, by the Chief
Administrative Officer, or by a majority of the Council. Nothing contained in this Section
3 shall vitiate the notice requirements contained in Section 6 hereafter.
(b) The Chief Administrative Officer shall give notice to each director of each
meeting at least seventy-two (72) hours before the meeting. A notice of a meeting
posted in compliance with the Open Meetings Act shall be deemed satisfactory notice of
such meeting to the directors. Unless otherwise indicated in the notice thereof, any and
all matters pertaining to the purposes of the Corporation may be considered and acted
upon at a meeting, subject to compliance with the Open Meetings Act. Attendance of a
director at a meeting shall constitute a waiver of notice of such meeting, except where a
director attends a meeting for the express purpose of objecting to the transaction of any
business on the grounds that the meeting is not lawfully called or convened. A waiver of
notice in writing, signed by the person or persons entitled to said notice, whether before
or after the time stated therein, shall be deemed equivalent to the giving of such notice.
(c) Whenever a notice other than a notice of a meeting is required to be given
to the Board, said notice shall be deemed to be sufficient if given by depositing the
same in a post office box in a sealed, postpaid wrapper addressed to the person entitled
thereto at his or her post office address as it appears on the books of the Corporation,
and such notice shall be deemed to have been given on the day of such mailing.
Section 4. Vacancies. The Board may make recommendations for the filling
of vacancies to City Council. Any vacancy occurring in the Board of Directors will be
filled by appointment of the City Council.
Section 5. Board Attendance. Directors must be present in order to vote at
any meeting. Regular attendance at the Board meetings is required of all Directors. In
the event that a Director has three (3) absences within a 12 -month period the President,
Vice President or Chief Administrative Officer will contact the Director to seek
resolution. In the event consideration for replacement is indicated, the member will be
counseled by the President, or, if applicable, the Vice President as applicable, and,
subsequently, the President or Vice President shall submit in writing to the City Council
that these Bylaws require the City Council to consider replacement of the Director in
question.
Section 6. Open Meetings Act. All meetings and deliberations of the Board
shall be called, convened, held and conducted, and notice shall be given to the public,
in accordance with the Texas Open Meetings Act, Chapter 551, Texas Government
Code.
Section 7. Quorum. A majority of the entire membership of the Board
constitutes a quorum for the conduct of the official business of the Corporation. The act
ANNA ECONOMIC DEVELOPMENT CORPORATION BYLAWS Page 3 of 16
of a majority of the directors present at a meeting at which a quorum is in attendance
shall constitute the act of the Board and of the Corporation, unless the act of a greater
number is required by law or these Bylaws. Solely for an agenda item with which one or
more Board members has a conflict of interest, the number of Board members required
to be present to constitute a quorum for the purpose of transacting business is reduced
by the number of Board members who are present but lack authority to vote on that item
because of a conflict of interest.
Section 8. Conduct of Business.
(a) At the meetings of the Board, matters pertaining to the business of the
Corporation shall be considered in accordance with rules of procedure as from time to
time prescribed by the Board.
(b) At all meetings of the Board, the President shall preside and, in the
absence of the President, the Vice President shall exercise the powers of the President.
(c) The Secretary of the Corporation shall act as Secretary of all meetings of
the Board but, in the absence of the Secretary, the presiding officer may appoint any
person to act as Secretary of the meeting.
Section 9. Committees of the Board. There may be standing committees of
the Board as the Board from time to time create. Each such committee shall be
composed of no more than two (2) Directors and such other persons as may be chosen
by the Board for their applicable abilities and experience. The Board may delegate to
any such authority as the Board deems necessary or desirable, provided that such
delegation is specified in written resolution duly adopted by the Board. Anything to the
contrary contained herein notwithstanding, all final, official actions of the Corporation
may be exercised only by the Board. Each committee so designated shall keep regular
minutes of the transactions of its meetings and shall cause such minutes to be recorded
in books kept for that purpose in the principal office of the Corporation.
Section 10. Compensation of Directors. Directors shall not receive any salary
or compensation for their services as directors.
Section 11. Ex -Officio Members. The and A v hAnnaa
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ARTICLE III. OFFICERS
Section 1. Titles and Term of Office.
(a) The officers of the Corporation shall be a President, a Vice President a
Secretary, a Treasurer, a Chief Administrative Officer, and such other officers as the
Board may from time to time elect or appoint. One person may hold more than one
office, except that the President shall not hold the office of Secretary. Terms of office
shall be one (1) year with the right of an officer to be reelected.
(b) All officers shall be subject to removal from office at any time by a vote of
a majority of the entire Board.
(c) A vacancy in the office of any officer shall be filled by a vote of a majority
of the directors.
Section 2. Powers and Duties of the President.
The President shall be the presiding officer of the Board and shall:
(a) preside over all meetings of the Board;
(b) shall have the right to vote on all matters coming before the Board;
(c) shall have the authority, upon notice to the members of the Board, to call a
special meeting of the Board when, in his/her judgment, such meeting is required;
ANNA ECONOMIC DEVELOPMENT CORPORATION BYLAWS Page 5 of 15
(d) shall have the authority to appoint standing committees to aid and assist
the Board in its business efforts or on other matters incidental to the operation and
functions of the Board; and
(e) shall have the authority to appoint ad hoc committees which may address
issues of a temporary nature of concern or which have a temporary affect on the
business of the Board.
In addition to the above-stated duties, the President shall sign, along with the Secretary
of the Board, any deed, mortgage, bonds, contracts or other instruments which the
Board has approved, unless the execution of said document has been expressly
delegated to some other officer or agent of the Corporation by appropriate Board
resolution, by a specific provision of these Bylaws, or by statute. In general, the
President shall perform all duties incident to the office and such other duties as shall be
prescribed from time to time by the Board.
Section 3. Vice President. The Vice President shall have such powers and
duties as may be prescribed by the Board and shall exercise the powers of the
President during that officer's absence or inability to act. Any action taken by the Vice
President in the performance of duties of the President shall be conclusive evidence of
the absence or inability to act of the President at the time such action was taken.
Section 4. Treasurer. The Treasurer, or other person or entity designated by
the Board, shall have charge and custody of and be responsible for all funds and
securities of the Corporation; shall receive and give receipt for money due and payable
to the Corporation from any source whatsoever, and shall deposit all such monies in the
name of the Corporation in such bank, trust corporation, and or other depositories as
shall be specified in accordance with Article V, Section 3 of these Bylaws. The
Treasurer or other person or entity designated by the Board, shall, in general, perform
all duties incident to that office, and such other duties as from time to time may be
assigned by the President of the Board.
Section 5. Secretary. The Secretary_ 0 r oqhK3r persorz or entily de � at v,
he r r a_, shall keep the minutes of all meetings of the Board and shall file a copy of all
minutes at City Hall, shall give and serve all notices, may sign with the President in the
name of the Corporation, and/or attest the signature thereto, all contacts, conveyances,
franchises, bonds, deeds, assignments, mortgages, notes and other instruments,
except the papers as the Board may direct, all of which shall be at all reasonable times
be open to public inspection upon application at the office of the Corporation during
regular business hours, and shall in general perform all duties incident to the office of
Secretary subject to the control of the Board.
Section S.A. Chief Administrative Officer. The Chief Administrative Officer
shall be nominated by the City Manager and appointed by the Board to fill those duties
and responsibilities as the Board may set forth by Resolution.
ANNA ECONOMIC DEVELOPMENT CORPORATION BYLAWS Page 6 of 15
Section 6. Employees. The Corporation may employ such full or part-time
employees as needed to carry out the programs of the Corporation. These employees
shall perform those duties as are assigned to them by the Board. The Board shall hire,
direct and control the work of all Corporation employees.
Section 7. Compensation. Officers who are members of the Board shall not
receive any salary or compensation for their services.
Section 8. Contract for Service.
(a) The Corporation may, with approval of the City Council, contract with any
qualified and appropriate person, association, corporation, or governmental entity to
perform and discharge designated tasks which will aid or assist the Board in the
performance of its duties. However, no such contract shall ever be approved or entered
into which seeks or attempts to divest the Board of its discretion and policy-making
functions in discharging the duties hereinabove set forth in this Section.
(b) Subject to the authority of the City Council and the City Manager under the
Charter of the City, the Corporation may request to utilize the services of the staff and
employees of the staff and employees of the City, provided:
(1) that the City Council approves of the utilization of such services;
(2) that the Corporation shall pay, as approved by the City Council,
reasonable compensation to the City; and
(3) the performance of such services does not materially interfere
with the other duties of such personnel of the City.
(c) Utilization of the aforesaid City staff shall be solely by contract approved
by the City Council.
ARTICLE IV. FUNCTIONAL CORPORATE DUTIES AND REQUIREMENTS
Section 1. General Development Plan.
(a) The Board shall research, develop, prepare, and submit to the Council for
its approval, an economic development plan for the City, which shall include proposed
methods and the expected costs of implementation. The plan shall include both short
and long term goals for the economic development of the City, proposed methods for
the elimination of unemployment and underemployment, the promotion of employment,
through the expansion and development of a sound industrial, manufacturing and retail
base within the City.
(b) The Board shall review and update the annual work plan each year prior
to submission of the annual budget required by other provisions of these Bylaws.
ANNA ECONOMIC DEVELOPMENT CORPORATION BYLAWS Page 7 of 15
Section 2. Annual Corporation Budget. At least sixty (60) days prior to the
commencement of each fiscal year of the Corporation, the Board shall adopt a
proposed budget of expected revenues and proposed expenditures for the next ensuing
fiscal year. The budget shall contain such classifications and shall be in such form as
may be prescribed from time to time by the City Manager for inclusion with the annual
budget and submitted to the Council. The budget shall not be effective until the same
has been approved by the Council.
Section 3. Books, Records, Audits.
(a) The Corporation shall keep and properly maintain, in accordance with
generally accepted accounting principles, complete books, records, accounts, and
financial statements pertaining to its corporate funds, activities and affairs.
(b) At the direction of the Council, the books, records, accounts and financial
statements of the Corporation may be maintained for the Corporation by the City. In
such event, the Corporation shall pay to the City reasonable compensation for such
services.
(c) The Corporation, or the City if the option described in subsection (b) is
selected, shall cause its books, records accounts and financial statements to be audited
at least once each fiscal year by an outside, independent auditing and accounting firm
selected by the City. Such audit shall be at the expense of the Corporation. Audit copies
are to be flied with the City.
(d) All books, records, accounts, and financial statements shall be kept and
administered in accordance with the Texas Public Information Act, Chapter 552, Texas
Government Code. Any member of the City Council, Mayor, Director or Officer of the
Corporation may inspect and receive copies of all books and records of the Corporation.
Section 4. Deposit and Investment of Corporate Funds.
(a) All proceeds from the issuance of bonds, notes or other debt instruments
("Obligations") issued by the Corporation shall be deposited and invested as provided in
the resolution, order, indenture or other documents authorizing or relating to their
issuance.
(b) All other monies of the Corporation shall be handled pursuant to the
guidelines established in the City Investment Policy and shall be deposited, secured
and/or invested in the manner provided for the deposit, security and/or investment of the
public funds of the City. The Board shall designate the accounts and depositories to be
created and designated for such purposes. The accounts, reconciliation and investment
of such funds and accounts will be performed by the Finance Department of the City.
The Corporation shall pay reasonable compensation for such services to the City.
ANNA ECONOMIC DEVELOPMENT CORPORATION BYLAWS Page 8 of 15
Section 5. Expenditures of Corporate Money.
(a) The monies of the Corporation, including sales and use taxes collected
pursuant to Section 4A of the Act, monies derived from the repayment of loans, rents
received from the lease or use of property, the proceeds from the investment of funds of
the Corporation, the proceeds from the sale of property, and the proceeds derived from
the sale of Obligations, may be expended by the Corporation for any of the purposes
authorized by the Act, subject to the following limitations.
(1) Expenditures from the proceeds of Obligations shall be identified
and described in the orders, resolutions, indentures or other
agreements submitted to and approved by the City Council prior to the
sale and delivery of the Obligations to the purchasers thereof required
by Section (6) of this Article.
(2) Expenditures that may be made from a fund created with the
proceeds of Obligations, and expenditures of monies derived from
sources other than the proceeds of Obligations, may be used for the
purposes of financing or otherwise providing one or more "Projects", as
defined in the Act.
(3) All expenditures shall be specifically described in a resolution or
order of the Board, and shall be made only after the approval thereof
by the City Council, unless the City Council exempts certain
classifications of expenditures from this requirement by Ordinance.
(4) All other proposed expenditures shall be made in accordance
with and shall be set forth in the annual budget required by Section 2
of this Article.
(b) All purchases above $50,000 must be purchased under formal competitive
sealed bidding rules or as otherwise permitted by Texas Local Government Code,
Chapters 252 and 271 or other applicable law. No bid process shall begin until
approved by the Board.
Section 6. Issuance of Obligations. No Obligations, including refunding
obligations, shall be sold and delivered by the Corporation unless the Council shall
approve such Obligations by action taken no more than sixty (60) days prior to the date
of sale of the Obligations.
Section 7. Limitations on Expenditures. The Corporation shall spend no
more than ten percent (10%) of Corporate revenues for promotional purposes and may
contract with others to carry out industrial development programs consistent with the
purposes and duties as set out in these Bylaws and as set out in the Act.
ANNA ECONOMIC DEVELOPMENT CORPORATION BYLAWS Page 9 of 15
and any other expenditure not reasonably related to and necessary for the efficient
conduct of City business. First class accommodations on public carriers shall not be
authorized unless lesser fares are not available on required trips. The Chief
Administrative Officer must be so notified and approve the additional expense.
(e) At the discretion of the Chief Administrative Officer, funds may be
advanced for anticipated travel expenses. Actual cost must be verified after the travel
by expense receipts as required in subsection (d) of this section. Allowable expenses
exceeding the advance shall be reimbursed by the Corporation and advances
exceeding the documented receipts shall be refunded to the Corporation. Receipts must
be obtained for advance -funded expenses and said receipts must be delivered to the
Chief Administrative Officer within 10 days of obtaining said receipts.
(f) When approved in advance by the Chief Administrative Officer, as
appropriate, members shall be paid mileage for use of personal vehicles on Corporation
business at the standard mileage rate as set by the Internal Revenue Service annually.
Corporation members must provide mileage totals to and from the event. Corporation
members must provide evidence of liability and property damage insurance prior to
such use.
ARTICLE V. MISCELLANEOUS PROVISIONS
Section 1. Principal Office.
(a) The principal office of the Corporation shall be located at the Anna City
Hall Administration Building as specified in the Article of Incorporation, or until a
physical location office is secured by EDC.
(b) The Corporation shall have and shall continually designate a registered
agent at its registered office, as required by the Act.
Section 2. Fiscal Year. The fiscal year of the Corporation shall be the same
as the fiscal year of the City.
Section 3. Seal. The seal of the Corporation shall be determined by the
Board.
Section 4. Resignations. Any director or officer may resign at any time. Such
resignation shall be made in writing and shall take effect at the time specified therein or,
if no time be specified, at the time of its receipt by the President, Secretary, or Chief
Administrative Officer. The acceptance of a resignation shall not be necessary to make
it effective, unless expressly so provided in the resignation.
Section 5. Approval or Advice and Consent of the Council. To the extent
that these Bylaws refer to any approval by the City or refer to advice and consent by the
ANNA ECONOMIC DEVELOPMENT CORPORATION BYLAWS Page 11 of 15
Council, such approval, or advice and consent, shall be evidenced by a certified copy of
a resolution, order or motion duly adopted by the Council.
Section 6. Services of City Staff and Officers. Subject to approval from the
City Manager of the City, the Corporation shall have the right to utilize the services of
the City Attorney, the City Secretary, and the Finance Department of the City, provided
(i) that the Corporation shall pay reasonable compensation to the City for such services,
and (ii) the performance of such services does not materially interfere with the other
duties of such personnel of the City.
Section 7. Indemnification of Directors, Officers and Employees.
(a) As provided in the Act and in the Certificate of Formation, the Corporation
is, for the purposes of the Texas Tort Claims Act, Subchapter A, Chapter 101, Texas
Civil Practices and Remedies Code, a governmental unit and its actions are
governmental functions.
(b) The Corporation shall indemnify each and every member of the Board, its
officers and its employees, and each member of the Council and each employee of the
City, to the fullest extent permitted by law, against any and all liability or expense,
including attorney's fees, incurred by any of such persons by reason of any actions or
omissions that may arise out of the functions and activities of the Corporation.
Indemnification and other protections provided by this Section do not include
indemnification for acts constituting gross negligence, reckless conduct, or criminal
behavior. Nothing in this section creates any duty to indemnify or otherwise protect any
person or entity performing work or otherwise acting as an independent contractor.
Section 8. Corporation May Provide Insurance. The Corporation may
purchase and maintain insurance on behalf of any person who is or was a Director,
officer, member, employee or agent of the Corporation to insure such person against
any liability asserted against said person by reason of such person being or having
been a Director, officer, member, employee or agent of the Corporation. The premiums
for such insurance shall be paid by the Corporation.
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Section : ri;. Legal Construction. If any Bylaw provision Is held to be invalid,
Illegal or unenforceable in any respect, the invalidity, illegality or unenforceability shall
not affect any other provision and the Bylaws shall be construed as if the invalid, illegal
or unenforceable provision had not been included in the Bylaws.
Section 1:,r. Code of Ethics. The Corporation's Board of Directors, and its
officers, employees, and agents shall abide by and be subject to all ethical rules,
requirements, and restrictions applicable to members of the City Council under federal,
state or local law, including but not limited to the City's Home -Rule Charter and City's
Code of Ethics, as amended. All such ethical rules, requirements, and restrictions shall
be applicable to independent contractors of the Corporation in all dealings with the
Corporation and with regard to all work performed for or at the direction of the
Corporation. However, this section is not intended to nor shall it be interpreted to
change the relationship between the Corporation and an independent contractor from
that of independent corporation to employee.
Formatted: Normal, Indent: First line: 0"
ARTICLE VI. EFFECTIVE DATE, AMENDMENTS
Section 1. Effective Date. These Bylaws shall become effective upon the
occurrence of the following events:
(1) the adoption of these Bylaws by the Board; and
(2) the approval of these Bylaws by the Council.
Section 2. Amendments to Certificate of Formation and Bylaws. The
Certificate of Formation of the Corporation and these Bylaws may be amended only in
the manner provided in the Certificate of Formation and the Act The Bylaws may be
amended, altered or repealed by an affirmative vote of three Board members but such
amendment, alteration or repeal shall not be effective until approved by a majority vote
of the entire Council.
Section 3. Dissolution of the Corporation. The Corporation is a non-profit
corporation. Upon dissolution, all of the Corporation's assets shall be distributed to the
City of Anna.
APPROVED AND ADOPTED by the Anna Economic Development Corporation
by passage of Resolution No. _ on the day of 2014
ANNA ECONOMIC DEVELOPMENT CORPORATION BYLAWS Page 14 of 15
ANNA EDC PRESIDENT
ATTEST:
ANNA EDC SECRETARY
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