HomeMy Public PortalAbout19-1999-38 RESOLUTION 1999-k_YS2
'..""• A RESOLUTION RECOMMENDING REVISION OF
GREENCASTLE FOUNDATION BY-LAW
WHEREAS, the By-Laws for the Putnam County Foundation provide for at least
fifteen percent (15%) membership on its Board of Directors from representatives of the City
of Greencastle; and
WHEREAS, the Putnam County Foundation is seeking to reduce the number of its
current members on its Board of Directors; and
WHEREAS, the reduction in members of the Board of Directors would necessitate a
reduction in the number of representatives from the City in order to maintain the fifteen
percent (15%) minimum City representation.
NOW THEREFORE BE IT RESOLVED that the Common Council recommend the
revision of the Putnam County Foundation By-Laws, Article III - Directors, B. Annual
Appointments, as follows:
B. Annual Appointments
1. At least fifteen percent (15%) of the Board Members (not less than 2) shall be
,.• appointed for a one year term as follows:
a. One member named by the Greencastle City Council from its membership.
b. One member designated by the Mayor from the City of Greencastle.
c. Any additional members required to obtain the fifteen percent (15%)
requirement shall be named by the Mayor and shall be members of CACFID.
COMMON COUNCIL OF THE CITY OF GREENCASTLE
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Tom Roach / /1../ .,' /7�i -,' i
Barry ynard
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ark Hammer David Masten
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Approved and signed by me this day of / 4099, at gf,/o'clock
p.m.
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Nancy A. IVI'chael, Mayor
ATTEST:
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Pamela S. Jones, Cl r -T easurer
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