2. FCCEDC Growth Initiative Fnd - Laserfiche WebLink

Notwithstanding the above, for purposes of providing for staggered terms of the Directors and to provide continuity on the Board, the initial appointed or elected Directors following the adoption of these amended Bylaws shall serve the initial following terms: 1. 2. 3. 4. 5. 6. 7. One director appointed by the Cass County Commissioners - 1 year term; One director appointed by the Cass County Commissioners - 3 year term; One director appointed by the Fargo City Commissioners - 2 year term; One director appointed by the West Fargo City Commissioners - 3 year term; One director appointed by the F-CCEDC - 1 year term; One director appointed by the F-CCEDC - 2 year term; One director appointed by the F-CCEDC - 3 year term; Section 4. ANNUAL MEETING. The annual meeting of the Board of Directors shall be held once a year. The Chairman may designate a regular meeting to act as the annual meeting. Section 5. REGULAR MEETINGS. The Board of Directors may provide, by resolution, the time and place, either within or without the State of North Dakota, for the holding of regular meetings without other notice than such resolution. Section 6. SPECIAL MEETINGS. Special meetings of the Board of Directors may be called by or at the request of the Chairman or any two Directors. The special meeting shall be held at a place designated in the notice in Fargo, North Dakota. Section 7. NOTICE. Notice of any special meeting shall be given at least five (5) days previously thereto by written notice delivered personally or mailed to each Director at their business address, or by notice given at least two days prior thereto by facsimile or electronic mail. If mailed, such notice shall be deemed to be delivered when deposited in the United States mail so addressed, with postage thereon prepaid. Any Director may waive notice of any meeting. The attendance of a Director at a meeting shall constitute a waiver of notice of such meeting, except where a Director attends a meeting for the express purpose of objecting to the transaction of any business because the meeting is not lawfully called or convened. Neither the business to be transacted at, nor the purpose of any regular or special meeting of the Board of Directors need be specified in the notice of such meeting. Section 8. QUORUM. A majority of the Directors shall constitute a quorum for the transaction of business at any meeting of the Board of Directors. If a quorum shall not be present at any meeting of the Board of Directors, a majority of the Directors present may adjourn the meeting from time to time without further notice. Section 9. MANNER OF ACTING. The act of the majority of the Directors present at a meeting at which a quorum is present shall be the act of the Board of Directors. Section 10. COMMITTEES. The Board of Directors may appoint such committees and delegate to such committees such powers and responsibilities as it may from time to time deem appropriate. Section 11. ELECTRONIC COMMUNICATION. A conference among Directors by any means of communication through which the Directors may simultaneously hear each other during the conference constitutes a Board meeting, if the same notice is given of the conference as would be required for a meeting, and if the number of Directors participating in the conference would be sufficient to constitute a quorum at a meeting. A Director may participate in a Board meeting not described in the immediately preceding sentence by any means of communication through which the Director, other Directors so participating and all Directors physically present at the meeting may simultaneously hear each other during the meeting. Participation in a meeting by any means referred to in this Section 3.09 constitutes presence in person at the meeting.