Laserfiche WebLink
25 02 <br /> SECTION 1. Preparation of budget: The Annual budget of the corporation shall be prepared by the <br /> Executive Director and Treasurer for approval by the Board of Directors. <br /> SECTION 2. The corporation fiscal year will be January 1 through December 31. <br /> ARTICLE VII CORPORATION MEETINGS <br /> SECTION 1. The corporation shall have quarterly meeting for the purpose of transacting business with <br /> special meetings called as needed., whereas electing officers shall be done at the first meeting of the <br /> year. The first meeting will be scheduled at the previous years last meeting. The remaining quarterly <br /> meetings will be scheduled at the first meeting of the year. The first meeting of the year is mandatory. <br /> SECTION 2. Special meetings may be held at any time when called for by the Executive Director or a <br /> majority of the Board of Directors. <br /> SECTION 3. Agendas shall be provided at least seven days in advance. <br /> SECTION 4: Agenda items shall be added during previous meeting or emailed to Executive Director <br /> with supporting documents prior to agenda production. <br /> SECTION 5: Attendance Policy: <br /> • Board members must attend meetings unless prior notice given for their absence. <br /> • Board members subject to review for dismissal when: <br /> • One (1)unexcused absence or Two (2) absences in a year term. <br /> • Emergency circumstances will be considered. <br /> SECTION 6: Meeting date and time shall be agreed upon and recorded in minutes of previous meeting. <br /> SECTION 7: Meetings shall not exceed 2 hours unless approved by board vote. <br /> SECTION 8: Meetings shall be conducted in accordance with parliamentary procedure. <br /> ARTICLE VIII VOTING <br /> SECTION 1. A majority of board members constitutes a quorum. <br /> SECTION 2. In absence of a quorum, no formal action shall be taken except to adjourn the meeting to <br /> a subsequent date. <br /> ARTICLE IX CONFLICT OF INTEREST <br /> SECTION 1. Any member of the board who has a financial, personal, or official interest in, or conflict <br /> (or appearance of a conflict)with any matter pending before the Board, of such nature that it prevents <br /> or may prevent that member from acting on the matter in an impartial manner, will offer to the Board to <br /> voluntarily excuse him/herself and will vacate his seat and refrain from discussion and voting on said <br /> item. <br /> ARTICLE X CONTRACTS AND CHECKS <br />