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<br />Memorandum to Ramsey HRA <br />October 1, 2009 <br />Page 2 <br /> <br />Typically Bylaws cover the following matters: <br /> <br />1. Number of members; <br /> <br />2. Place of meetings; <br /> <br />3. Provisions for an annual membership meeting and special meetings; <br /> <br />4. What constitutes a quorum; <br /> <br />5. Members voting rights, proxies and termination of membership; <br /> <br />6. Number and qualification of Directors, their powers and duties; <br /> <br />7. Director's Terms. <br /> <br />8. Place of Director's meetings, regular, annual and special meetings; <br /> <br />9. Duties of Directors; <br /> <br />10. Designation of officers; <br /> <br />11. Election, term and qualification of officers; <br /> <br />12. Authority of officers; <br /> <br />13. Process of Bylaw amendments. <br /> <br />State statutes provide for much additional corporation regulations and requirements and therefore the <br />Articles and Bylaws are not required to duplicate the statutory provisions. <br /> <br />As stated above, the actual incorporation is relatively simple and straight forward. <br /> <br />However, how best to use the corporation may not be as simple. Staff has discussed several policy <br />issues which Council will need to a~dress in order to make the corporation work for the City. These <br />issues include: <br /> <br />1. Should the stated corporation purpose be confmed only to the RTC geographic area, or should <br />it include the entire City; <br /> <br />2. Who should the corporation members be, how selected, and what should the length of their <br />terms be; <br /> <br />3. What control, if any, should the City Council retain over the corporation's operations; <br />