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<br /> <br />BYLAWS OF THE LOUISVILLE REVITALIZATION COMMISSION <br />(includes all amendments through March 2009) <br /> <br /> ARTICLE I: THE COMMISSION <br /> <br /> Section 1. Status and Name. The Louisville Revitalization <br />Commission is an urban renewal authority organized and existing <br />under and by virtue of the Urban Renewal Law, C.R.S. § 31-25-101 et <br />seq., as amended. The name of the authority shall be, and the <br />authority shall do business in the name of, the “Louisville <br />Revitalization Commission.” <br /> <br /> Section 2. Seal. The seal of the Commission shall be in the <br />form of a circle and shall bear the name Louisville Revitalization <br />Commission. <br /> <br /> Section 3. Office. The office of the Commission shall be <br />considered the Louisville City Hall, 749 Main Street, Louisville, <br />CO 80027, or such other place in the City of Louisville, Colorado <br />as the Commission members may designate from time to time. <br /> <br /> <br />Section 4. Number of Members. The Louisville Revitalization <br />Commission shall consist of five (5) members whom the Mayor with <br />consent of City Council shall appoint. Not more than one member of <br />the Commission may be an official of the municipality. Members <br />shall be residents of the City at the time of their appointment and <br />at all times while serving on the Commission. <br /> <br /> Section 5. Term of Members. Each member shall be appointed <br />for a staggered term, such that at least one member’s term expires <br />each year, and thereafter five-year terms. <br /> <br />ARTCLE II: OFFICERS AND PERSONNEL <br /> <br /> Section 1. Officers. The officers of the Louisville <br />Revitalization Commission shall be a Chair, a Vice-Chair, and a <br />Secretary who shall be elected by the Commission from its <br />membership. <br /> <br /> Section 2. Chair. The Chair shall preside at all meetings of <br />the Commission. Except as otherwise authorized by resolution of <br />the Commission, the Chair shall have the authority to sign <br />contracts, deeds, checks or drafts for the payment of monies, and <br />other legal instruments of the Commission. <br /> <br /> Section 3. Vice Chair. The Vice-Chair shall perform the <br />duties of the Chair in the Chair's absence from the City or the <br />incapacity of the Chair. During any vacancy in the office of the <br />Chair, the Vice-Chair shall perform such duties of the Chair until <br />such time as the Commission shall select a new Chair from among its <br /> <br /> <br /> <br /> Page 1 of 10 <br /> <br />