EDA Resolution 2019-07 Approving ByLaws AmendmentCITY OF MONTICELLO ECONOMIC DEVELOPMENT AUTHORITY
RESOLUTION NO. 2019-07
RESOLUTION APPROVING AMENDMENT OF BYLAWS
WHEREAS, the Board of Commissioners (the "Board") of the City of Monticello
Economic Development Authority (the "Authority") has considered a proposed amendment to its
Bylaws; and
WHEREAS, the Board has determined that it is reasonable, expedient and in the best
interest of the public to amend Article V, Section 1 of the Bylaws of the Authority to provide that
regular meetings of the Authority shall be held on the 2nd and 4t1i Wednesday of each month; and
WHEREAS, Article VIII, Section 1 of the Bylaws provides for amendments to the Bylaws
by majority vote of the Board at any regular or special meeting of the Authority.
NOW, THEREFORE, BE IT RESOLVED, by the City of Monticello Economic
Development Authority as follows:
The Authority's Bylaws are amended in the form attached to this Resolution.
2. The Board hereby approves the amended Bylaws.
Adopted by the Board of Commissioners of the City of Monticello Economic Development
Authority this 14th day of August, 2019.
President
T\
ive Director
605079v 1 MN 190-101