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History
Brief Historical Overview of University UNITED:
A Coalition of Midway Businesses and Residents Summary
Revised August 18, 2008
In 1977, Midway Civic and Commerce leaders Bill Huestis and Henry
Kristal sought to improve the Midway business community's relationship
to the area residential community by inviting the district councils
bordering University Avenue to participate in Midway Civic and
Commerce's Economic Development Committee meetings. In 1981, University
UNITED was founded as an outgrowth of these meetings. Also in
the 1970's, the U.S. Small Business Administration set up a program
to work with local agencies called Local Development Companies
to funnel low-interest loans to small businesses. Three of these
LDC's appeared on the University Avenue corridor in the late 1970's,
later merging to form the University Midway Local Development
Company, which in turn formally merged with University UNITED
in 1991.
A watershed moment in UNITED's history was the effort, led by
Chair Bruce Davis in 1987, to raise funds for the commissioning
of a comprehensive planning study for the University Avenue Corridor.
The University Avenue Corridor Study, completed in 1988 by the
firm of Dahlgren, Shardlow, and Uban described the potential for
new commercial and housing development along the corridor and
was adopted into the City Comprehensive Plan.
UNITED's first and largest implementation project was the International
Marketplace Project, funded with $1.5 million in federal Urban
Revitalization Action Program (URAP) dollars by the City of St.
Paul. This program including financing for the creation of International
Plaza (an Asian/International mini-mall), streetscape improvements
including new ornamental street lanterns, and façade improvements
for businesses in the two blocks between Western and Mackubin.
By 1993, the program had leveraged: $3.4 in private investment;
the creation of 65 full-time, 12 part-time jobs and 35 new businesses;
17 facade improvements; and 17 new double-lantern street lights.
In 1990 UNITED established the University/Dale Task Force, which
helped facilitate the closing of the pornographic Faust Theatre
and led to the City putting out an RFP for development of the
southwest corner.
UNITED's first staffperson, Dave Gagne, was first hired as coordinator
of the URAP program. Under Gagne's leadership UNITED undertook
several new projects, including the "Gateway" Project
to revitalize University and Raymond and the Commercial Revitalization
Project for façade improvements between Lexington and Rice.
UNITED's next major endeavor was the Business Retention and Expansion
survey of 1995, which led to the creation of a number of programs,
most notably the Midway Job and Opportunity Fairs. The BR&E
study, led by UNITED's first full-time executive director Michael
Darger, looked at the needs of 31 Midway manufacturing firms that
paid living wage wages and had an interest in expanding. The survey
found that the issue of greatest concern to these companies was
finding, retaining, and training a quality workforce. Over a span
of five years, eight Midway Job and Opportunity Fairs and more
than a dozen workshops would involve more than 200 employers and
thousands of jobseekers in an effort to make employment connections
between Midway residents and businesses. UNITED's BR&E Program,
which also included a School/Business Partnership, a CEO of Manufacturers
Roundtable, and the Midway Commercial Space Inventory, won an
"Exemplar" award from BR&E International in 1998.
In the mid-to-late 1990's UNITED spearheaded task forces on several
issues related to crime prevention issues including prostitution,
"cruising" on University Avenue and crime problems facing
new immigrant business owners on University Avenue. Under the
leadership of Executive Director Irene Rodriguez, the latter effort
led to the creation of the Empowerment of New American Business
Leaders (ENABLE) Program, a partnership between UNITED, the St.
Paul Police Department, and other community stakeholders. In 1999
and 2000, the ENABLE Program won national recognition as a model
of community-oriented policing.
In 1997 UNITED led an effort called the Midway Design Collaborative,
which established the University Avenue Development Principles,
and evolved into the University Avenue Corridor Initiative (UACI).
In 2000, UNITED, the UACI, and the Midway Chamber jointly created
the Crime Prevention Through Environmental Design (CPTED) STAR
Program, which was awarded $300,000 in City STAR monies to help
University Avenue businesses make exterior improvements consistent
with CPTED principles.
In 2001, new Executive Director Brian McMahon helped complete
the merger of University UNITED and the University Avenue Corridor
Initiative, which refocused UNITED on issues of bricks and mortar
development and planning. Also in that year, UNITED worked with
nonprofit housing developer Central Community Housing Trust to
propose Lexington Park, a 300-350 unit mixed-use housing development
on the southwest corner of University and Lexington, as an alternative
to a proposed Home Depot. Later in 2001, UNITED released a report
entitle Student Housing Options in the Midway which detailed an
opportunity to locate student housing for area colleges and universities
on University Avenue.
In 2001 UNITED partnered with the City of St. Paul to apply for
- and received - a $70,000 grant from the Metropolitan Council
for a study of transit-oriented development opportunities at some
of the major transit nodes of the University Avenue Corridor.
Delving into the area of housing for the first time, UNITED's
board also passed a resolution in 2001 calling for the creation
of 2,000 new housing units in the corridor over the next decade.
In that year UNITED released its first ever newsletter, Corridor
Connections, and create its first website, www.universityunited.com.
In 2002, UNITED's board approved a resolution adopting Transit-Oriented
Development (TOD) as the framework by which the organization will
judge development proposals on the University Avenue corridor.
As part of a community education effort surrounding the issue
of TOD, UNITED organized a lecture series entitled "Making
a Great Street" which featured experts in the areas of housing,
transportation, public art, etc., and an exhibit entitled "Big
Plans." The lecture series, exhibit and many other community
meetings in 2002 are being held in UNITED's new Planning Center,
a new space dedicated to these kinds of programming.
Over the years, the focus of University UNITED has varied and
evolved from small business lending to façade improvement
programs, from major redevelopment initiatives to crime prevention
work, and from workforce development initiatives to housing initiatives.
The common thread of all of these programs and projects has been
the business and residential communities working together for
the betterment of the University Avenue corridor.
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BY-LAWS
OF UNIVERSITY UNITED
(adopted June 21, 2004) ARTICLE I
MISSION
Section 1. Service area. University UNITED (the "Corporation")
is a coalition of community and business organizations formed to serve the University
Avenue Corridor and vicinity, and individual businesspeople who conduct business
within the service area. The University Avenue Corridor is that portion of the
Cities of Saint Paul and Minneapolis Minnesota, described as follows: The northern
boundary is the southernmost main-line railway track of The Burlington Northern
and Santa Fe Railway Company, north of Pierce Butler Route; the eastern boundary
is the State Capitol; the southern boundary is the center-line of Interstate 94;
and the western boundary is the University of Minnesota, east-bank campus. Section
2. Mission. The mission of the Corporation shall be: (a) to plan for
and implement commercial, housing, and transportation development which will benefit
residents and businesses within the University Avenue Corridor, and be consistent
with Transit-Oriented Development Guidelines published by the Metropolitan Council. (b)
to build relationships among member organizations which strengthen each organization
and the University Avenue Corridor as a whole; (c) to promote the University
Avenue Corridor as a place to live, work and conduct business; and (d) to
advocate for public and private decisions which benefit the University Avenue
Corridor, but no substantial part of the activities of the Corporation may include
the carrying on of propaganda or otherwise attempting to influence legislation.
Section 3. Vision. The vision of the Corporation is that the University
Avenue Corridor will be a vital, thriving, metropolitan hub which enhances people's
quality of life and economic well-being. ARTICLE II
MEMBERSHIP Section
1. Voting members. The voting members of the Corporation shall be those community
and business organizations and individual businesspeople within or serving the
University Avenue Corridor which/who have applied and been admitted to membership
as voting members. There shall be no more than eight (8) individual businesspeople
admitted as voting members. A list of the voting members of the Corporation as
of the date specified therein shall from time to time be attached to these By-laws
as Exhibit A. Section 2. Voting. While organizational members are
responsible for appointing or electing a director and (if they choose) an alternate,
to facilitate the decision-making process directors will vote with individual
autonomy. Participation by a voting member shall be by a representative
herein after referred to as a "director" or an "alternate."
Written notice must be given to the organization by each voting member of the
names of each director and alternate (including any temporary alternate) before
such director or alternate shall be entitled to participate as a director of the
Corporation. Each voting member is entitled to one vote. Section 3. Changes
in voting membership. Admission or removal of a voting member may be effected
by a two-thirds vote of the then-existing voting members present and voting at
an annual meeting or at a special meeting called expressly for the purpose of
admitting or removing such member. The resignation of a member pursuant to Section
7 of this Article shall upon its effect automatically cause the removal of the
resigned member as a member of the Corporation. Section 4. Non-voting
members. The Board of Directors may establish classes of non-voting members based
upon such criteria as it shall from time to time determine. Non-voting members
shall be admitted or removed from membership by action of the Board of Directors,
where written notice of the proposed action has been given to the members and
their delegates and alternates personally or by mail (postage prepaid), electronic
mail, or facsimile at least five (5) business days prior to the meeting. Section
5. Interest in property. The members of the Corporation shall not, as such,
have any right, title or interest in the real or personal property of the Corporation. Section
6. Dues. The Board of Directors shall have the right to determine the dues
or other payments to be made by the members of the Corporation. Section
7. Resignation. Any member may resign its/his/her membership at any time by
giving written notice to the Board of Directors or to the Chair. Such resignation
shall take effect at the date of the receipt of such notice or at any later time
specified therein; and, unless otherwise specified therein, the acceptance of
such resignation shall not be necessary to make it effective. Any member which/who
resigns as a member of the Corporation shall not be entitled to a refund of any
dues or other payments made to the Corporation. Section 8. Termination
of participation. Any voting member which/who is not represented by a director
or alternate at three consecutive meetings of Board of Directors shall be given
notice that its/his/her status as a voting member will terminate unless evidence
of the member's intention to participate is provided to the Executive Committee
prior to the next meeting. If no timely response to the notice is received by
the Executive Committee, the member will be terminated as a voting member, but
may reapply for voting membership if so desired. ARTICLE III
BOARD
OF DIRECTORS Section 1. Selection of directors. The Board of
Directors of the Corporation shall consist of natural persons appointed or elected
by the voting members of the Corporation. Each voting member shall be entitled
to appoint or elect one (1) director and one (1) alternate to represent the member
on the Board of Directors. Only directors shall be entitled to make and second
motions and vote on matters before the Board of Directors, but alternates shall
be entitled to participate in debate. If and so long as any director elected or
appointed by a member is absent at a meeting of the Board of Directors, the alternate
elected or appointed by the member who is present at the meeting shall be seated
as a director and shall be considered for all purposes of these Bylaws (including
determination of a quorum, making and seconding of motions, and voting) as a director.
Each member shall be entitled to elect or appoint a temporary alternate to represent
the member on the Board of Directors in the event the director and alternate are
both unable to attend a meeting of the Board of Directors. Section 2.
Term. Except as otherwise provided herein, each director and alternate on
the Board of Directors of the Corporation shall be appointed/elected to serve
for a term of one year. A director or alternate shall hold office for the term
for which he or she was appointed/elected and until her or his successor has been
appointed/elected and such successor has qualified, or until the director's or
alternate's prior death, resignation or removal. No person shall serve on the
Board of Directors, as a director or alternate for consecutive terms, either full
or partial, aggregating more than six years. Any director or alternate appointed/elected
by a member shall cease to be on the Board of Directors if the member appointing/electing
such director or alternate shall remove such person as its Director or alternate
or the member ceases to be a member of the Corporation. Section 3.
Removal and vacancies. Any director or alternate may at any time be removed with
cause by a two-thirds vote of the Board of Directors. The director or alternate
in question shall have no vote on the matter. Action to remove the director or
alternate shall be preceded by notice to the member appointing/electing the director
or alternate stating the reasons for considering the proposed action. If the member
does not respond or take action acceptable to the Board within sixty (60) days,
the Board may act to remove the director or alternate. Any vacancy occurring because
of the death, written resignation or removal of a director or alternate shall
be filled by the voting member who originally appointed/elected the director or
alternate, for the unexpired term of such director or alternate. ARTICLE
IV
MEETINGS OF THE BOARD OF DIRECTORS Section 1.
Regular meetings. Regular meetings of the Board of Directors shall be held at
least every two months. The meetings shall be at such time and place as shall
from time to time be determined by resolution of the Board. Meetings may be held
elsewhere, or at alternative times, if the notice of the meeting clearly provides
so. Notice of any change in the place or time or holding any regular meeting,
or of any adjournment of a regular meeting to reconvene at a different time or
place, shall be given to the directors and alternates personally or by mail (postage
prepaid), electronic mail, or facsimile, or by telephone, not less than two (2)
days before the meeting, excluding the day of the meeting, to all directors and
alternates who were absent at the time such action to schedule the meeting was
taken. Section 2. Special meetings. Special meetings of the Board
of Directors for any purpose or purposes shall be called by the Chair or at the
written request of any director. Such request shall state the purpose(s) for the
proposed meeting. Written notice of all special meetings shall be given to the
directors and alternates, stating the time and place thereof, and the purposes
for which such meeting is convened, personally or by mail (postage prepaid), electronic
mail, or facsimile at least five (5) business days prior to the meeting. The business
transacted at all special meetings shall be confined to the subject or subjects
stated in the notice and to matters germane thereto, unless all directors of the
Corporation (either directors or alternates seated as directors) are present at
such meeting and consent to the transaction of other business. Section
3. Quorum. 40% of the directors of the Corporation shall be necessary to constitute
a quorum for the transaction of business by the Board of Directors, and the act
of a majority of the directors present at such meeting shall be the act of the
Board, except where otherwise provided by statute or these By-laws. If a quorum
is present when a duly called or held meeting is convened, the directors present
may continue to transact business until adjournment, even though the proportion
or number otherwise required for a quorum is no longer present. ARTICLE
V
OFFICERS Section 1. Officers. The officers of the Corporation
shall consist of a Chair, a Vice Chair, a Treasurer, and such other officers as
may be appointed from time to time by the Board of Directors. Directors (either
directors or alternates) shall fill the offices of Chair and Vice Chair. Section
2. Selection and removal. The Board shall elect officers at its July board
meeting, with the new slate of officers to begin their term in August. The term
of office of each of the officers of the Corporation shall be for one year or
until the election of successors. Any officer may be removed at any time prior
to the expiration of his or her term by a two-thirds vote of the Board of Directors,
where written notice of the proposed action has been given to the directors and
alternates personally or by mail (postage prepaid), electronic mail, or facsimile
at least five (5) business days prior to the meeting. Any vacancy occurring in
an executive office shall be filled by the Board of Directors, where written notice
of the election has been given to the directors and alternates personally or by
mail (postage prepaid), electronic mail, or facsimile at least five (5) business
days prior to the meeting. No person shall serve as an officer of the Corporation
for consecutive terms, either full or partial, aggregating more than three years.
A person shall cease to be a Chair or Vice-Chair of the Corporation if the member
appointing/electing such person shall remove such person or the member shall cease
to be a member of the Corporation. Section 3. Chair. The Chair shall
work with staff to organize and set agendas for the Executive Committee; the Chair
shall chair meetings of the Executive Committee, Board of Directors and members;
shall serve as spokespersons for the Corporation; shall sign and deliver in the
name of the Corporation deeds, mortgages, bonds, contracts, or other instruments
pertaining to the business of the Corporation, except in cases in which the authority
to sign and deliver is required by law to be exercised by another person or is
expressly delegated by the Corporation's organizational documents or by the Board
of Directors to another officer or agent of the Corporation; shall maintain records
of and, when necessary, certify proceedings of the Board of Directors and members;
and shall perform other duties prescribed by the Board of Directors. Section
4. Treasurer. The Treasurer shall monitor and provide oversight for the accurate
financial records for the Corporation; shall deposit money, drafts, and checks
in the name of and to the credit of the Corporation in the banks and depositories
designated by the Board of Directors; shall endorse for deposit notes, checks
and drafts received by the Corporation as ordered by the Board of Directors, making
proper vouchers for the deposit; shall disburse corporate funds and issue checks
and drafts in the name of the Corporation, as ordered by the Board of Directors;
and shall provide the Chair and the Executive Committee upon request and the Board
of Directors at each regular meeting of the Board of Directors written account
of transactions by the Treasurer and of the financial condition of the Corporation. ARTICLE
VI
COMMITTEES Section 1. Executive Committee The Executive
Committee of the Corporation shall have general active management of the business
of the Corporation and shall work with the staff to coordinate meetings of the
Board of Directors, resolve conflicts, assure good communications with and among
member organizations, promote linkages among committees and task forces, identify
resources, oversee finances, and otherwise see that orders and resolutions of
the Board of Directors are carried into effect. The chair shall act as chair of
the Executive Committee. In the interval between meetings of the Board of Directors,
the Executive Committee shall have the authority of the Board of Directors to
make critical, time-sensitive management decisions, but shall at all other times
be subject to the control and direction of the Board of Directors, and shall have
no policy making authority except as may be expressly granted by the Board of
Directors. Actions taken by the Executive Committee shall be reported in writing
to the directors and alternates prior to or at the next meeting of the Board of
Directors. Section 2. Members of the Executive Committee. The Executive
Committee shall include the Chair, the Vice-Chair, the Treasurer, the head of
staff (if any) of the Corporation, and any others appointed by the Board of Directors.
The Board shall appoint persons to the Executive Committee at its July board meeting,
with the new appointed members of the Executive Committee to begin their terms
in August. The term of office of each of the members of the Executive Committee
shall be for one year or until the election of successors. Any member of the Executive
Committee who does not serve as an officer of the Corporation may be removed from
the Executive Committee at any time prior to the expiration of his or her term
by a two-thirds vote of the Board of Directors, where written notice of the proposed
action has been given to the directors and alternates personally or by mail (postage
prepaid), electronic mail, or facsimile at least five (5) business days prior
to the meeting. If any member of the Executive Committee has been appointed to
the Executive Committee because such person serves as an officer or staff member
of the Corporation, serves on a committee or task force of the Corporation, or
serves on the staff of a member organization or governmental body, resignation
or termination of such person as an officer or from the staff, committee, task
force, member organization or governmental body, shall constitute resignation
of such person from the Executive Committee unless the Board of Directors affirmatively
votes to continue such person as a member of the Executive Committee giving regard
to his or her new status. Any vacancy occurring on the Executive Committee shall
be filled by the Board of Directors, where written notice of the election has
been given to the directors and alternates personally or by mail (postage prepaid),
electronic mail, or facsimile at least five (5) business days prior to the meeting.
There shall be no limitation on the number of consecutive terms a person may serve
on the Executive Committee. Section 3. Other committees. The Board
of Directors may act by and through such other committees as may be specified
in resolutions adopted by the Board of Directors. Each such committee shall have
such duties and responsibilities as are granted to it from time to time by the
Board of Directors. Each such committee shall at all times be subject to the control
and direction of the Board of Directors. Committee members, except as specifically
provided for the Executive Committee, need not be directors or alternates. Section
4. Task forces. The Board of Directors may establish task forces to focus
on specific goals of the Corporation and outcomes. Task forces are time-limited,
task-focused work groups that develop recommendations to the Board of Directors
for pursuing possible action. Members of the task forces need not be directors
or alternates. Task forces shall generate a work plan that outlines goals, action
steps, persons responsible and expected results; shall seek representation of
vested parties and active involvement of community members in the process; shall
oversee any work plan approved by the Board of Directors; and shall regularly
report progress to the Board of Directors. Task forces shall provide meeting agendas
and minutes to the Executive Committee for regular distribution to the directors
and alternates. Each task force shall at all times be subject to the control and
direction of the Board of Directors. Section 5. Meetings and voting.
Meetings of each committee or task force may be held at such time and place as
are announced at a previous meeting of the committee or task force. Meetings of
any committee or task force may also be called at any time by the chairperson
of the committee or task force or by the Chair, with notice given to the committee
or task force members personally or by mail (postage prepaid), electronic mail,
or facsimile, or by telephone, at least five (5) business days prior to the meeting.
Appearance at a meeting is deemed to be a waiver of notice unless the committee
or task force member objects at the beginning of the meeting to the transaction
of business because the meeting is not lawfully called or convened and the committee
or task force member does not participate in the meeting. At all meetings of a
committee or task force of the Corporation each member thereof shall be entitled
to cast one vote on any question coming before such meeting. The presence of one-third
of the membership of any committee or task force of the Corporation shall constitute
a quorum at any meeting thereof, but the members of a committee or task force
present at any such meeting, although less than a quorum, may adjourn the meeting
from time to time. A majority vote of the members of a committee or task force
of the Corporation present at any meeting thereof, if there be a quorum, shall
be sufficient for the transaction of business of such committee or task force.
Any action that could be taken at a committee or task force meeting may be taken
by written action signed by all members of the committee or task force. ARTICLE
VII
LIABILITY Section 1. Indemnity. To the full extent permitted
by any applicable law, the Corporation shall indemnify each person made or threatened
to be made a party to any threatened, pending or completed civil, criminal, administrative,
arbitration, or investigative proceeding, including a proceeding by or in the
right of the Corporation, by reason of the former or present capacity of the person
as - (a) a member, director, alternate, officer, employee, or member of
a committee or task force of the Corporation, or other person serving the Corporation
in an official capacity, or (b) a director, officer, partner, trustee, employee
or agent of another organization or employee benefit plan, who while a director,
alternate, officer, employee, or member of a committee or task force of the Corporation,
or other person serving the Corporation in an official capacity is or was serving
the other organization at the request of the Corporation or whose duties as a
director, alternate, officer, employee, or member of a committee or task force
of the Corporation, or other person serving the Corporation in an official capacity
involve or involved such service to the other organization, against judgements,
penalties, fines (including, without limitation, excise taxes assessed against
the person with respect to an employee benefit plan), settlements, and reasonable
attorneys' fees and disbursements, incurred by the person in connection with the
proceeding. Section 2. Survival. The indemnification provided by
Section 1 of this Article shall continue as to a person who has ceased to be a
member, director, alternate, officer, employee, or member of a committee or task
force of the Corporation, or other person serving the Corporation in an official
capacity, shall inure to the benefit of the heirs, executors and administrators
of such person, and shall apply whether or not the claim against such person arises
out of matters occurring before the adoption of this Section. Any indemnification
realized other than under this Section shall apply as a credit against any indemnification
provided by this Section. Section 3. Insurance. The Corporation
may, to the full extent permitted by applicable law from time to time in effect,
purchase and maintain insurance on behalf of any person who is or was a member,
director, alternate, officer, employee, or member of a committee or task force
of the Corporation, or other person serving the Corporation in an official capacity
against any liability asserted against such person and incurred by such person
in any such capacity. Section 4. Conflicts of interest. The Corporation
shall not enter into any contract or transaction with (a) one or more its directors,
or alternates; or (b) an organization in or of which a director or alternate is
a director, officer, legal representative, or has a material financial interest;
unless the material facts as to the contract or transaction and as to the director's
or alternate's interest are fully disclosed or known to the Board of Directors,
and the Board of Directors authorizes, approves, or ratifies the contract or transaction
in good faith by the affirmative vote of a majority of the directors (without
counting the interested director or directors) present at a meeting of the Board
of Directors at which there is a quorum. The fact that a member organization has
appointed/elected a director or alternate to represent the member on the Board
of Directors of the Corporation does not, in and of itself, make that director
or alternate a legal representative of such member organization. Businesspeople
serve at their own pleasure and not as representatives of their employers or businesses.
Failure to comply with the provisions of this Section shall not invalidate any
contract or transaction to which the Corporation is party. All contracts entered
into by the Corporation shall include a clause concerning conflict of interest. ARTICLE
VIII
MISCELLANEOUS Section 1. Fiscal year. The Board of Directors
shall set the fiscal year of the Corporation. Section 2. Audit. An
independent review of the financial operations of the Corporation shall be completed
no less than biennially by a financial consultant selected by the Board of Directors.
Additional audits shall be completed as required by the funders of the Corporation
and governmental or regulatory authorities. Section 3. Electronic
communications. A member, director, alternate, or member of a committee or task
force may participate in a meeting by any means of communication through which
such person, other persons so participating, and all persons physically present
at the meeting may simultaneously hear each other during the meeting. Participation
in a meeting by that means constitutes presence in person at the meeting. A conference
among members, directors, alternates, or members of a committee or task force
by any means of communication through which such persons may simultaneously hear
each other during the conference is a meeting of the members, Board of Directors,
committee or task force, as the case may be, if the same notice is given of the
conference as would be required for a meeting, and if the number of persons participating
in the conference would be sufficient to constitute a quorum at a meeting. Participation
in a meeting by that means constitutes presence in person at the meeting. Section
4. Amendments. The Articles of Incorporation of the Corporation and these
By-laws may be amended by a two-thirds vote at a duly constituted meeting of the
Board of Directors. All members, directors and alternates shall be notified of
any proposed amendments at least sixty (60) days prior to the action of the Board
of Directors to change the By-laws. Such notice shall include the full text of
the proposed amendments and the changes from the existing By-laws. Any substantive
amendments made to the proposed amendments to the by-laws at the duly constituted
meeting of the board of directors shall not be put to a final vote until the next
regular board of directors meeting, after notice has been provided to each voting
member of the full text of the final proposed amendments to the by-laws. Section
5. Authority to borrow and encumber assets. No director, alternate, officer,
agent, employee, or member of a committee or task force of the Corporation shall
have any power or authority to borrow money on its behalf, to pledge its credit
or to mortgage or pledge its real or personal property except within the scope
and to the extent of the authority delegated by resolutions adopted from time
to time by the Board of Directors. Authority may be given by the Board of Directors
for any of the above purposes and may be general or limited to specific instances.
Section 6. Deposit of funds. All funds of the Corporation shall
be deposited from time to time to the credit of the Corporation in such banks,
trust companies or other depositories as the Board of Directors may approve or
designate, and all such funds shall be withdrawn only in the manner or manners
authorized by the Board of Directors from time to time. EXHIBIT A UNIVERSITY
UNITED
VOTING MEMBERS
as of April 21, 2003 Aurora/St. Anthony
Neighborhood Development Corporation
Greater Frogtown Community Development
Corporation
Hamline Midway Coalition
Lexington-Hamline Community Council
Merriam Park Community Council
Model Cities of St. Paul, Inc.
Prospect
Park - East River Road Improvement Association
St. Anthony Park Community
Council
Snelling Area Business Initiative
Snelling-Hamline Community Council
Summit University Planning Council
Thomas-Dale Planning Council Sam
Riesgraf, Kraus-Anderson Construction
Dee Traudt, Andy's Garage
Trish
Sackrison, Western Bank |
