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Section 4. Order of Business. At the regular meetings of the Board, the <br />following shall be the order of business: <br />1. Roll call. <br />2. Approval of the minutes of previous meeting. <br />3. Bills and communications. <br />4. Reports. <br />5. Unfinished business. <br />6. New business. <br />7. Adjournment. <br />All resolutions shall be written or transcribed and shall be retained in the journal of the <br />proceedings maintained by the Secretary. <br />Section 5. Adoption of Resolutions. Resolutions of the Board shall be <br />deemed adopted if approved by not less than a simple majority of all Commissioners <br />present, unless a different requirement for adoption is prescribed by law. Resolutions <br />may, but need not be, read aloud prior to vote taken thereon and may, but need not be, <br />executed after passage. <br />Section 6. Rules of Order. The meetings of the Board shall be governed by <br />the most recent edition of Robert's Rules of Order. <br />ARTICLE IV - NIISCELLANEOUS <br />Section 1. Amendments to By-laws. The by-laws of the Authority shall be <br />amended only by resolution approved by at least three of the members of the Board. <br />Section 2. Fiscal Year. The fiscal year of the Authority shall coincide with <br />the fiscal year of the City of Ramsey. <br />3 <br />