Ordinance 1016-84 - Laserfiche WebLink

• Section . 130 Organizational meeting. Upon issuance of the charter, the applicants (s) shall call an organizational meeting of the persons nominated as corporate officials in the application as approved within thirty days , giving at least ten days ' advance notice to each, unless waived in writing, provided the organizational meeting may be postponed to a more appropriate time when the charter provides for a corporate existence contingent on certain events or occurences or commencing at a future time. At such meeting, the Board of Directors shall organize itself , may appoint interim officers and nonvoting members of the Board of Directors to serve until the selection processes provided in or by the charter be complied with, select the temporary place of business , and assist in organizing the Membership. Section . 140 Charter contents . A. The charter shall set forth the following: 1 . The name of the public corporation and its corporate seal ; 2 . The character or period of duration of the public corporation as provided in Section . 030 ; 3 . This statement in a prominent place: " (Name of public corporation) is organized pursuant to Ordinance of the City of Everett. All liabilities incurred by such public corporation, commission or authority shall be satisfied exclusively from the assets and credit of such public corporation, commission or authority; and no creditor or other person shall have any recourse to the assets , credit or services of the city creating the same on account of any debtor obligations or liabilities of such public corporation, commission or authority. " 4 . The purpose and scope of activities of the public corporation; 5 . The powers of the public corporation and any limitations thereon as provided in Sections . 040 , . 050 and . 060 ; 6 . The structure or fundamental organization of the public corporation; 7 . A division of duties within the corporate structure as provided in Section . 190 ; 8 . The powers and duties of the Board of Directors; 9 . The powers and duties of any membership with advisory or voting rights; 10 . The method of amending its rules and regulations or adopting another set; and 11 . The method of proposing amendments to its charter to the Mayor. B. The charter shall set forth the following matters in conformity with Sections . 240 through . 310 and . 330 and . 340 , respectively, or, within stated guidelines , authorize the rules and regulations to define any or all of the following matters : 1 . The corporate offices and tenure of officers : the number of positions , powers and duties and term of each corporate - 10 -