Title
Resolution - Approval of Amendments to PEC Bylaws - R Fischer
Other Info
Submitted By: Sylvia Romero on behalf of Ross Fischer, Board Counsel
Department: Legal Services
Financial Impact and Cost/Benefit Considerations:
Discussion
The Board may consider amendments to the Cooperative Bylaws to address Article III Section 2 as to the qualifications. Pursuant to Article XI of the Bylaws, the Bylaws may be amended by not less than the affirmative vote of five (5) Directors at any Board Meeting. The Bylaws were last amended on December 13, 2019.
Body
NOW THEREFORE BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE COOPERATIVE that the Cooperative approve these amendments to the Bylaws in the form attached with any modifications as were discussed and made this day by the Board; and
BE IT FURTHER RESOLVED that the Chief Executive Officer, or designee, is authorized to take all such actions as may be necessary to implement this resolution.