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Mounds View EDA January 11, 2010 Regular Meeting Page 2 Attorney. However, the EDA postponed its approval of the revised bylaws because the EDA first 46 wanted to clarify and change certain duties of the EDA’s Treasurer and to elect and appoint EDA 47 officers. In September of 2008, those revisions were completed. Economic Development 48 Specialist Steinmetz summarized the revisions and presented staff’s recommendation to approve 49 the revised bylaws, advising the revisions were also reviewed by City Attorney Riggs. 50 51 Commissioner Mueller referenced Section 5.4, and suggested “The Authority” should indicate 52 “The Authority’s” since it speaks to the ownership of the detailed financial statement. The EDA 53 agreed with this revision. 54 55 Vice President Stigney referenced Section 3.2, Vacancies, noted that the position of Assistant 56 Treasurer is not a member nor elected, it is appointed by the Authority, and should not be 57 referenced in the first sentence. He suggested the last sentence indicate: “When the office of 58 Executive Director or Assistant Treasurer becomes vacant, the Authority shall appoint a 59 successor.” The EDA agreed with these revisions. 60 61 Vice President Stigney referenced Section 3.5, Order of Business, that indicates: “At the regular 62 meetings of the EDA, the following shall be the order of business” and then it lists items that 63 have never been included on the EDA agenda, such as bills and communications. Following 64 discussion, the EDA agreed to revise Section 3.5 to indicate: “At the regular meetings of the 65 EDA, the following may be the order of business.” 66 67 Vice President Stigney referenced Section 2.8 indicating: “The Assistant Treasurer shall be 68 elected by the Board” but it would be more consistent with the EDA’s bylaws and State statutes 69 to indicate: “The Assistant Treasurer shall be appointed” by th e Board,” the same as for the 70 Executive Director. The EDA agreed with this revision. 71 72 Vice President Stigney referenced Section 3.1 and an inconsistency in language indicating: “The 73 President, Vice President, Secretary, and Assistant Treasurer shall be elected annually at the first 74 meeting of the year;” however, only the positions of President, Vice-President, Treasurer, and 75 Secretary need to be annually elected. He stated this section should not reference Assistant 76 Treasurer. The EDA agreed with this revision. 77 78 Executive Director Ericson explained staff tried to mirror the language contained in State 79 statutes. He noted the Assistant Treasurer position is an elected position by the Authority in the 80 Statutes but the EDA can indicate this position is appointed. He stated staff will revise the 81 bylaws so wording is consistent to indicate the positions of Assistant Treasurer and Executive 82 Director are appointed positions and handled in the same manner. The EDA agreed with this 83 revision. 84 85 President Flaherty reviewed bylaws language and noted it does not differentiate that the 86 Executive Director and Assistant Treasurer are not voting members of the Authority, which 87