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HomeMy WebLinkAboutR-80-0566(RESOLUTION NO. 8 U- J 6 6 A RESOLUTION AUTHORIZING AN EXTENSION OF THE AGREEMENT WITH NEW WASHINGTON HEIGHTS COMMUNITY DEVELOPMENT CONFERENCE HEREINAFTER REFERRED TO AS (N.W.H.C.D.C.), DATED OCTOBER 10, 1979, PRO- VIDING FOR THE EXPENDITURE OF REMAINING FUNDS IN SAID AGREEMENT, AMOUNTING AS OF JULY 17, 1980 TO $34,836.80 FOR THE PURPOSE OF FINANCING THE BASIC ADMINISTRATIVE COSTS OF SAID ORGANIZATION IN ORDER TO FACILITATE A TRANSITION TO AN ALTERNA- TIVE SOURCE OF FUNDING. WHEREAS, the City Commission adopted Resolution No. 79-425, on June 25, 1979, authorizing the execution of a contract with N.W.H.C.D.C. to carry on economic development programs in the Culmer/Overtown Area in the amount of Two Hundred Six Thousand and Fifty Dollars ($206,050.00); and WHEREAS, said contract expired on June 30, 1980; and WHEREAS, N.W.H.C.D.C. has requested carry-over funds from the expired contract to facilitate the transition to alternative sources of funding; and WHEREAS, the City Commission on June 26, 1980, in- structed City Staff to meet with representatives of N.W.H.C.D.C.; and WHEREAS, City Staff has conferred with Representatives of N.W.H.C.D.C. and has recommended extension of the expired contract to the City Manager for the purposes stated above; and WHEREAS, the City Manager recommends; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: ,4L�CU1J.L INDEX ITEM NG. "SUPPORTIVE DOCU vi ENTS FOLLOW" CITY COMMISSION MEETING OF JUL2 4 190Q �auraM 5 ................ W /� Section 1. The City Manager is hereby authorized to execute an extension of the agreement with N.W.H.C.D.C., dated October 10, 1979► providing for the expenditure of remaining funds in said agreement, amounting to $34,836.80, as of July 17, 1980 for the purpose of financing the basic administrative costs of said organization in order to facilitate a transition of an alternative source of funding. ATTEST: 1:�CITY H G. ONGIE CLERK PREPARED AND APPROVED BY: 16 1). a. L&j MAR A. VALENTINE ASSISTANT CITY ATTORNEY APPROVED AS TO FORM AND CORRECTNESS: GEORGE KNOX JR. CITY A ORNEY� } - 2 - MAURICE A. FERRE M A Y O R "SUPPORTIVE D 0 C U I', l EW S FOLLOW 80-566 7 TC, Joseph R. Grassie July 16, 1980 City Manager Funding Recommendations on THRU: Richard L. Fosmoen New Washington Heights Assistant City Manager Community Development Conference, Julio A. Castano, Cirector Inc. Dept. of Trade & Commerce D lopment Recommendations 1. It is recommended that the City Commission adopt the Atachea Resolution which allows the New Washington Heights Community_ Development Conference, Inc. to carry over approximately $30,000-$40,000 in unexpended funds remaining from its contract with the City of Miami for Fifth -Year CDBG funds. The carry- over of these funds is for the purpose of financing the basic administrative costs of the organization in order to facilitate the possibility of a transition to State funding through the Department of Community Affairs or some other alternative funding source. 2. It is recommended that the City Commission not provide City funds to capitalize the Washington Heights Local Development Corporation. Analysis At the City Commission meeting of June 26, 1980 the City staff was instructed to meet with representatives of the New Washington Heights Community Development Conference, Inc. (NWHCDC) for the purpose of developing a staff recommendation for the Commission meeting of July 10, 1980 relative to: 1. The advisability of City Commission approval of a carry-over of funds for the organization to facilitate a transition to an alternative source of funding in view of the Commission's decision not to renew the agency's contract; and, 2. The advisability of providing City funds to capitalize the Washington Heights Local Development Corporation. Please be advised that City staff met with representatives of NW11CDC on June 27, 1980 and July 2, 1980 to discuss the above referenced issues. "SUPPORTIVE DOCUMENTS FOLLOW" 80-566 Joseph R. Grassie Page 2 July 16, 1980 As regards Item #1, staff analysis indicates that there is some possibility that NWHCDC, Inc. could be successful in applying to the State of Florida for community development corporation funding, including up to $100,000 for administrative costs and an interest -free loan to establish a development loan fund. In view of the possibility for a successful application, the granting of a funding carry-over would allow the organization to pursue this alternative funding source and is recommended. With reference to the State loan program for Community Development Corporations, a review of the program's legislation indicates that the applicants for such funds are not required to be local develop- ment corporations certified by the U. S. Small Business Administra- tion. The State legislation states that either private, non-profit corporations or local development corporations certified by SBA are eligible applicants for funding. If NWHCDC is successful in applying for State funding, it could generate substantial development financing resources through the leveraging of the State loan funds on a 9/1 basis with the Small Business Administration through the 502 Loan Program, e.g., $9-SBA/ $1-State Loan funds. Relative to Item #2, staff analysis finds that the Washington Heights Local Development Corporation (WHLDC) was: 1. Chartered by the State of Florida in September 1979; and, 2. Designated as an eligible participant in the 502 Loan Program by SBA in May 1980. Attached is a copy of the Articles of Incorporation and Charter for the Washington Heights Local Development Corporation and a copy of the certification letter from the Small Business Administration. As to Item #2, the use of City funds to capitalize the WHLDC, staff analysis finds that such funding would be in total contradiction to the City Commission's prior endorsement of an economic develop- ment organizational strategy which calls for the creation of a single, citywide local development corporation, as a subsidiary of Miami Capital Development, Inc. This citywide approach to finan- cial resource development and business development packaging has been endorsed through the following City Commission actions: 1. Acceptance in principle of the Economic Analysis and Development Strategy Study prepared by Gladstone Associates; and "SUPPORTIVE DOCUMENTS FOLLOW" 0^ 1 Joseph R. Grassie Page 3 July 16, 1980 2. Acceptance in principle of the Final Report on the Community Economic Development Demonstration Project prepared by the National Urban Development Services Corporation; and 3. Approval of the Sixth -Year Application for CDBG funds which allocated funding for Miami Capital Development, Inc. and several neighborhood economic development organizations. 4. Approval in June 1980 of a contract with Miami Capital De- velopment, Inc. to provide financial business development packaging services on a citywide basis and develop financial _. resources through Miami Citywide Development Corporation (a citywide local development corporation); and 5. Approval on June 26, 1980 of the Overtown Economic Development Corporation as the City -recognized agency to implement the neighborhood economic development program in the Overtown/ Culmer area. It is, therefore, recommended that the City Commission, continue to support the concept of one citywide local development corpora- tion, staffed by skilled professionals as opposed to the funding of several such corporations in individual neighborhoods. JAC:zd Encs. I "SUPPORTIVE DOCUMENTS FOLLOW" f N r • May 16, 1980 ^ U. S. GOVERNMENT bMALL BUSINESS ADMINISTRATION n22 Ponce do Loon /owwwd — bth floor Coral OaMs% florWe 33134 B Ms. Jackie Bell WASHINGTON HEIGHTS LOCAL DEVELOPMENT CORP. 225 NW 9th Street Miami, FL 33136 Dear Ms. Bell: Re: WASHINGTON HEIGHTS LDC ELIGIBILITY -- This is to confirm that the Washington Heights Local Development Corporation Charts has been approved by Robert Kahn, SBA Miami Office Attorney, for applying for financial assistance in SBA 502 program. If I can be of any assistance, please feel free . to contact me. Sincerely, Robert R. Merrell Chief, CEO RECEIVED MAY 2 1 1980 THE FEDERAL GOVERNMENT IS AN EOUAL OPPORTUNITY EMPLOYEn«SU PPORTIVE FOLLOW i ,,,, rrrr aru Of 44atr .. i STATC 01 ILOAIOA w •' ••�. TMC CAPITOL 3 TALLA..ASSC9 ciao+ GmiNfi/: FIN1.1.111 w. MUTANT 01 iTAlt September 20, 1979 Eddie L . Fields, Esquire 3000 Biscayne Boulevard, Suite 408 Miami, Florida 33131 Dear Mr. Fields: Articles of Incorporation for WASHINGTON HEIGHTS LOCAL DEVELOPMENT CORPORATION, a corporation not for profit, were filed on September 14, 1079, and assigned Chartor Numbur 7480310. Your chock for $:1K.00 lush Leon doposiLed. Enclosed is a certified copy of the articles. If you desire further information please telephone (904)487-1322, Word Processing Section, Mrs. Bobbie Cox, Supervisor. Sincerely, D . W . McKinnon, Director Division of Corporations DWM/jh "SUPPORTIVE DOCUMENTS FOLLOW 1J''t-101 1 /74 "Of IMPMA _ STATF OF THE ARTS" �� :� •r. 6,1.3 • %1"I sit %l2£\t,%19�1i 4�'IC��1�•.�•�1i% �1Vr7^\i7/'.�r1g7.t.,Ir%r,pv7I'd0177.fl�711UP£tr-/grr?rr,t�:grlt,/3rtt; t�-^ �C�ItCa C^IfV',.� .gyp,-t`^t4;!"�cr^^..r,.......;�..:,,,.;.��.....�. ►ii3LiCii3L%ii3�%ilii id.��Fi%i�iiG%.ivLi.:intir�.lu�i:.�iLiii3i��r�3lil�ri3�i%`3�i%iiuLi\,iFi%.�ii:�r` �.; po" +�,�1%C'r't � N1u• .i• Y'•:,:: it r j♦ - ,E,1.:�.: i H :> E•!..1w h�l I certify that the attached is a true and correct copy of the Articles r of Incorporation of WASHINGTON HEIGHTS LOCAL DEVELOPXENT r.2. CORPORATION, a corporation not for profit organized under the,; �- Laws of the State of Florida, filed on September 14, 1979, as shown �'^r by the records of this office. r The charter number for this corporation is 748931.`-„'��;: s... , , P2 Awn inii:rr : tv !mO :,aJ t;;r �a•1N: F�a�•1 �► /1/• ir.�,N•\ Vly WL�wI. {;' at t• cz-"izat, •�/iJ t'. t.,. �.+.�';���:'It. 20th tap p; September, 1.97J=1. oft;• ,, "SUPPORTIVE DOCUMENTS CER 101 R•v. 0.70 FOLLOW" �l�irrizrif Lt�•. (J.. ��,, t�,. •t,!. Vlc-t�•; V : v�:•�V�:,V;�:,Z;,�. V,�;�v-:r,V sNV::c�y-:..v::•-t��:M;)•:i���;:.�t ►_ ^ ►.^ ^ ► ►. ^ ► ^ /'\ r ^/� ...• •� .rr• ^�.. AID• AA,.. A 1.�.' , G%�,f�� 1:.f•I ►�:fia •.:fib •a:f��j•„�•� j,,,i �a /w..S.a L.....a •.u:na •w...a.»....a awioa •iuua.�.:na �i::L.a iw:.a •w:..a •1v.na �►uwa ri�`G�a •.. /k r BYLAWS Or WASHINGTON HEIGHTS LOCAL DEVELOPMENT CORPORATION The name of this organization is WASHINGTON HEIGHTS LOCAL DEVELOP- MENT CORPORATION, and all reference to the organization in these Bylaws shall be by the use Of the initials WHLDC, or the term Corporation. ARTICLE I DIRECTORS Section 1. The majority of positions on the Board of Directors of WHLDC shall be occupied by the Directors of New Washington Heights Community Development Conference, Inc., the parent company of Washington Heights Local Development Corporation. Section 2. Number. The property, affairs, activities, and concerns of the Corporation shall be vested in a Board of Directors, consisting of at least seven directors. The members of the Board shall, upon election by the members, immediately'enter upon the performance of their duties and shall be duly elected and qualified. • Section 3. Election of directors and term. The directors of the Corporation shall be elected at the annual meeting by the members of the Corporation. There shall be an election by ballot for 7 directors of the Corporation, 1 of whom shall be elected j for a term of one year, 3 for two years, and 3 for three years. r At each annual meeting thereafter, a number of directors equal to those, whose terms have expired shall be elected for the term of three years. At the expiration of any term of three years, any director may be reelected. -1- "SUPPORTIVE DOCUMENTS FOLLOW" 80-566 J Section 4. Duties of directors. The Board of Directors may: (1) hold meetings at such times and places as it thinks proper; (2) admit members and suspend or expel them by ballot; (3) appoint committees on particular subjects from the members of the Board, or from other members of the Corporation; (4) audit bills and approve the disbursement of funds of the Corporation; (5) print and circulate documents and publish articles; (6) carry on correspondence and communicate with parties or organizations in economic development in the Culmer-Overtown area; (7) employ agents; and (8) devise and carry into execution such other measures as it deems proper and expedient to promote the objective of the Corporation and to best protect the interest and welfare of the Corporation. Section 5. Meetings of board. Regular meetings of the Board of Directors shall commence immediately succeeding the annual election in February and on the first Wednesday. Notice of the - meetings, signed by the Secretary, shall be mailed to the last recorded address of each meter at least five days before the time, appointed for the meeting. The President may, when he deems necessary, or the Secretary shall, at the request in writing of four members of the Board, issue a call for a special meeting of the Board, and only three days' notice shall be required for such special meetings. Section 6. Quorum. A majority plus one additonal member of the Board of Directors shall constitute a quorum for the trans- action of business. In the absence of the President and Vice President(s), the quorum present may choose a Chairman for the meet- ing. If a quorum is not present, a lesser number may adjourn the meeting to a later day, not more than ten days later. Section 7. Absence. Should any member of the Board of i Directors be absent from three consecutive meetings of the Board and his excuse for being absent not be accepted by the members of the Board, his seat on the Board may be declared vacant and the "SUPPORTIVE DOCUMENTS FOLLOWIF -2- r. President may forthwith proceed to fill the vacancy. Section 8. Vacancies. Whenever any vacancy occurs in the Board of Directors by death, resignation, or otherwise, it shall be filled without undue delay by the majority vote by ballot of the remaining members of the Board at a special meeting which shall be called for that purpose. The election shall be held within 45 days after the occurrence of the vacancy.. The person so chosen shall be a member and shall serve out the term of the person that he replaced. Section 9. Removal of directors. Any one or more of the directors may be removed permanetly from the Board either with or without cause, at any time, by a vote of two-thirds of the Board members at any special meeting called for that purpose. Any director whose removal had been proposed shall be given an opport- unity to be heard at the board meeting. Removal from the Board of Directors does not constitute automatic termination of a person's membership. Section 10. Qualifications. Persons serving on the Board shall be a member and be actively involved with the Corporation for six months and shall meet one or all of the following qualifications: A. Shall have a business in the Culmer-Overtown area. B. Shall own property located in the Culmer-Overtown area. C. Shall be a concerned citizen sho is supportive of the objectives and goals of the Corporation. ARTICLE II OFFICERS Section 1. The officers of this Corporation shall be a President, a Vice President, a Secretary, a Treasurer, and a Parlimentarian. .. Section 2. Method of election. The Board of Directors shall elect all officers for a term of one year. The President ,SUPPORTIVE DOCUMENTS -3- FOLLOW it gp-566 and Vice President shall have served at least one year on the Board of Directors prior to their election to the respective offices. A majority of a quorum present shall be necessary to constitute an election. Section 3. Duties of officers. The duties and powers of the officers of the Corporation shall be as follows: PRESIDENT The president shall preside at all meetings of the Corporation and of the Board of Directors at which he may be present; shall perform such other duties as may be prescribed in these Bylaws or assigned to him by the Corporation or by the Board of Directors and shall coordinate the work of the officers and committees of the Corporation in order that the purposes of the Corporation may be promoted. -. VICE PRESIDENT The Vice president shall act as aide to the President and shall perform the duties of the President in the absence or dis- ability of that officer to act. SECRETARY The Secretary shall record the minutes of all meetings of the Corporation and of the Board of Directors and shall perform such other duties as may be delegated to him. TREASURER The Treasurer shall have custody of all of the funds of the Corporation; shall keep a full and accurate account of receipts and expenditures; and shall make disbursements in accordance with the approved budget, as authorized by the Corporation, the Board of Directors, or a special committee. The Treasurer shall present a financial statement at every meeting of the Corporation and at other times when requested by the Board of Directors and shall make "SUPPORTIVF DOCUMENTS) FOLLOW" -4- a full report at the annual meeting. The Treasurer shall be responsible for.the maintenance of such books of account and records as conform to the requirements of the Bylaws. The Treasurer's accounts shall sign a statement of that fact at end of the report. The auditing committee shall be appointed by the Board of Directors at least two weeks before the annual meeting. PARLIAMENTARIAN The parliamentarian shall see that all meetings of the Board of Directors are conducted in a peaceful and orderly manner. ARTICLE III MEETINGS Section 1. Annual meeting of members. The annual meeting of the members shall be held on the fourth Wednesday of January of each year. Notice of the time and place of holding the annual meeting shall be published in a local newspaper and to each member at least five days previous thereto. Section 2. Special meetings of directors. Special meetings of directors may be called by the President at any time on his own initiative or by the Presidret or Secretary upon request of four members to such officer made in writing. Notice of the meeting shall be mailed to each director at least three days previous to the meeting, and at such special meeting there shall only be con- sidered such business as is specified in the notice of meeting. Section 3. Quorum for directors' meeting. At all meetings of the Corporation, a majority plus one additional director shall constitute a quorum for a regular meeting; and a majority plus one additional director shall constitute a quorum for a special meeting. Section 4. Regular meetings of directors. Regular meetings of the Board of Directors shall be held quarterly on the fourth "SUPPORTIVE DOCUMENTS FOLLOW" I e e. Wednesday of January, April, July and October. Notice of the time and place of holding regular meetings shall be mailed to each Board member at least five days previous thereto. Section 5. Executive Committee meetings. Regular meetings of the Executive Committee shall be held on the fourth Wednesday of each month, or any time as called by the President. Section 6. Proxies. Every Board of Director member entitled to vote at any meeting thereof may vote in person or by proxy. A proxy shall be in writing and on a standard organization or proxy form, revocable at the pleasure of the member executing it. The duration and the nature of the proxy shall be specified; if the duration is not specified, it shall be invalid after seven days from the date of its execution. The proxy can only be granted to and exercised by a Board of Director member. Section 7. Order of business. The order of business shall be as follows, at all annual, regular and special meetings, or the Board of Directors, and committees of the Corporation. A. Calling of the roll B. Proof of notice of meeting C. Reading and approval.of the minutes D. Receiving communications E. Election of officers and new members F. Report of officers G. Report of committees H. Unfinished business I. New Business J. Adjournment ARTICLE IV SEAL The Corporation shall have a seal and the seal shall be affixed to all legal instruments executed on behalf of the Corporation. ARTICLE V I AMENDMENTS These Bylaws maybe amended, repealed, or altered in whole "SUPPORTIVE .L_ D0CtJ.; NTS FOLLOW" -6- 1, e- or in part by a majority vote at any duly organized meeting of the Corporation. The proposed change shall be mailed to the last recorded address of each member and there shall be two readings of the proposed change before the meeting scheduled for Board members to vote on the change. ARTICLE VI NOTICES All notices to the Board members shall be mailed to their addresses as given to the Secretary, and such mailing shall con- stitute presumptive evidence of service thereof. ARTICLE VII COMPENSATION Neither the officers, directors, nor members serving on committess shall receive any salary or compensation for services rendered to the Corporation. Officers, directors, and members shall be reimbursed, however, for cost incurred on behalf of the Corporation. ARTICLE VIII BASIC POLICIES The following are basic policies of the Corporation: 1. The Corporation shall be non-profit, nonsectarian and non -partisan. 2. The name of the Corporation or the names of any Board member in their official capacities shall not be used in any con- nection with any partisan interest or for any purpose not appro- priately related to promotion of the objects of the Corporation. 3. The Corporation shall cooperate with persons and or- ganizations to support the improvement of the community in ways that will not interfere with administration of their activities and shall not seek to control their activities and policies. 4. The Corporation may cooperate with other organizations "SUPPORTIVE DOCUMENTS FOLLOW" r r an agencies concerned with economic development, but persons representing the Corporation in such metters shall make no commitments that binds the Corporation without the Board approval. ARTICLE IX STANDING AND SPECIAL COMMITTEES 1. The Board of Directors may create such standing committees as it may deem necessary to promote the purpose and carry on the work of the Corporation. The President shall appoint the Chairman of each committee and each committee shall be reappointed each year. 2. The Chairman of each standing committee shall present a plan of work to the Board of Directors and/or the Executive Committee for approval. No committee work shall be undertaken without the consent of the Board of Directors. 3. A majority of the members of any committee may fix its rules of procedure. All action by any committee shall be reported - to the Board of Directors and/or Executive Committee prior to such action and shall be subject to revision, alteration and • approval by the Board of Directors. 4. The power to form special committees and appoint their members rest with the President. 5. The President shall be a non -voting member of all committees except the nominating committee.' ARTICLE X OFFICES The Corporation shall maintain a principal office in the State of Florida as required by law. The Corporation may also have offices in such other places either within or without the State of Florida as the Board of Directors may from time to time designate or as the business of the Corporation may require. 11SUPF4^TIVE DCU M ENTS -8- FQLLuVV„ ARTICLE XI INDEMNIFICATION The Corporation shall idemnify any person who was or is a party to any action, suit, or preceeding, whether civil, criminal, administrative, or investigative (other than an action by or in the right of the Corporation) by reason of the fact that he is or was a director, or officer of the Corporation, or is or was serving at the request of the Corporation as a director or officer or another corporation, partnership, joint venture, trust, or other enterprise, against expenses (including attorney's fees), judgment, fines, and amounts paid in settlement actually and reasonable incurred by him in connection with such action, suit, or proceeding, if he acted in good faith and in a manner he reasonablely believed to be in or not opposed to the best interest of the Corporation. The termination of any action, suit or proceeding by judgment , order, settlement, conviction, or upon a plea of nolo contendere or its equivalent shall not; -of itself create a presumption that the person did not act in good faith. ARTICLE XII MEMBERSHIP Section 1. Qualification. Any person or organization whose membership application is accepted by the Board of Directors and who pays the membership fee as established by the Board of Directors shall qualify for membership in the Corporation. Section 2. Classification. The classification of membership in this Corporation shall be: individual, family, and corporate. Section 3. Duties and rights. The members of the Corporation shall elect Board of Director members each year at the annual meeting for members scheduled on the 4th Wednesday of January. "SUPPORTIVE DOCUMENTS FOLLOW" 80-566 1 owl Section 4. Voting. A member entitled to vote at a meeting may vote at such meeting in person only. Every member shall be entitled to one vote for each membership in his name in the records of membership. Section S. Termination of membership. A person's membership may be terminated for any action deemed, by a majority of the Board of Directors voting at a regular or special meeting, detrimental to the interest of the Corporation. Termination of a member's member- ship constitutes automatic removal of him from the Board of Directors if he hold such a position. Section 6. Election of Members. A person, firm, or cor- poration may be elected a member upon being proposed from membership by a member, by written application to the President or Secretary, and favorable passed upon by the Committee on Admissions, upon receiving a majority vote of the members present at a meeting of the --Corporation or at a meeting of the Board of Trustees or of the Executive Committee. Section 7. Advisory members. The Board of Trustees at any duly organized meetings may elect advisory members by a unanimous vote of the members present. Advisory members shall be exempt from payment of any fees whatever and shall be entitled to all the privileges or regular members, except the right to vote or hold office. Section 8. Resignation. Any member may withdraw from the Corporation after fulfilling all obligations to it by giving written notice of such intention to the Secretary, such notice shall be presented to the Board of Trustees or Executive Committee by the Secretary at the first meeting after its receipt. Section 9. Suspension. A member may be suspended for a period or expelled for cause such as violation of any of the Bylaws SUPPORTIVE DOC'JF';CENTS FOLLOW" r rAA or rules of the Corporation, or for conduct prejudicial to the best interest of the Corporation. Suspension or expulsion shall be by a two-thirds vote of the membership of the Board of Trustees, provided that a statement of the charges shall have been mailed by registered mail to the member under charge at his last recorded address, at least 15 days before final action is taken thereon; this statement shall be accompanied by a notice of the time of action on the matter. The member shall be given an opportunity to present a defense at the time and place mentioned in such notice. ARTICLE XIII DUES Section 1. Annual dues. The Board of Trustees may determine from time to time, the amount of initiation fee, if any, and annual dues payable to the Corporation by members. Section 2. Payment of dues. Dues shall be payable in advance on the first day of each year. Dues of a new member shall be pro- rated from the first day of the month in which such new member is elected to membership, for the remainder of the year of the Corporation. Section 3. Default and termination of membership. When any member shall be in default in the payment of dues for a period of three months from the beginning of the year or period for which such dues became payable, his membership may thereupon be terminated by the Board of Trustees, in the manner provided in Article XII, Section 9, of these Bylaws. ARTICLE XIV EXECUTIVE DIRECTOR The Board of Directors shall appoint an Executive Director who will manage the daily operations and staff activities of the Corporation. "SUPPORTIVE DOCU M EN *i*S -ll- FOLLOW" r, n ARTICLE XV EXECUTIVE COMMITTEE The Executive Committee of the Board of Directors shall con- sist of the President, Vice President(s), Secretary, Treasurer, and Parliamentarian. The Executive Director shall also serve on the Executive Committee as a non -voting member. The President may also designate one or more of the Board of Director members to serve as alternate to the Executive Committee. The Executive Committee shall meet regularly on a monthly basis, or any time that a special meeting is called. The Executive Committee shall process and exercise all powers of the Board of Directors, except where limited, during the intervals between Board of Director meetings. -12- Y