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MOUNDS VIEW ECONOMIC DEVELOPMENT AUTHORITY <br />ARTICLE I. THE AUTHORITY <br />Section 1.1 Name of Authority <br />The name of the Authority shall be the Mounds View Economic Development Authority <br />(hereinafter, the "Authority") and its governing body shall be called the Board of <br />Commissioners (hereinafter, the "Board" or the "EDA"). <br />Section 1.2 Office <br />The offices of the Authority shall be the mounds View City Hall located at 2401 Highway <br />10, Mounds View, MN 55112. <br />Section 1.3 Seal of Authority <br />The Authority shall have an official seal, as required by Minnesota Statutes, Section <br />469.096, Subdivision 1. <br />ARTICLE II. ORGANIZATION <br />Section 2.1 Officers <br />The officers of the Authority shall be a President, a Vice -President, a Secretary, an <br />Executive Director/Assistant Treasurer, a Treasurer and a Clerk. The President, the Vice - <br />President, and the Secretary shall be members of the Board. No Commissioner may <br />serve as President and Vice -President at the same time. The offices of Executive <br />Director/Assistant Treasurer, Treasurer and Clerk need not be held by a Commissioner. <br />Section 2.2 President <br />The President shall preside at all meetings of the EDA. <br />Section 2.3 Vice -President <br />The Vice -President shall perform the duties of the President in the absence or incapacity <br />of the President; and in case of the resignation or death of the President, the Vice - <br />President shall perform such duties as are imposed on the President until such time as <br />the Board shall select a new President. <br />