5.2. LIBSR 03-22-2016 - Laserfiche WebLink

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Article X Annual Report The Library Board will report to the City Council on an annual basis as defined in Minnesota statute 134.13. A member(s) -of the Board canill attend this meeting with the Library Services Coordinator.ian. Article XI Library Fund A_There shall be created a library fund, which shall be kept separate from other. Formatted:Numbered+Level: 1+ accounts of the city. All monies received by the Elk River Public Library shall be Numbering Style:A,B,C,...+Start at: 1+ Alignment:Left+Aligned at: 0.25"+Indent paid into the city treasury, credited to the library fund, and paid out only upon at: 0.5" approval by City Council based on the city's financial policies. receipt of it:emi,ecl vouchers approved by the Board. B. 'Ile Library Board is given monthly financial reports to track the status of inadget,. Formatted:Numbered+Level: 1+ 1_roved by the City Council. Numbering Style:A,B,C,...+Start at: 1+ line items approved PAlignment:Left+Aligned at: 0.25"+Indent at: 0.5" The Elk River Library Board of Directors shall have exclusive control of the expenditures of all monies collected for,or placed to tlic credit of,the library fund. Article XII Amendments A. Proposed revisions to the bylaws must be presented to the Library Board through* Formatted:Numbered+Level: 1+ the regular agenda process at rvvo consecutive meetings. Numbering Style:A,B,C,...+Start at: 1+ Alignment:Left+Aligned at: 0.25"+Indent at: 0.5" B. Proposed revisions to the bylaws shall require a majority vole as defined in Section Formatted:Numbered+Level: 1+ VII above. Numbering Style:A,B,C,...+Start at:1+ Alignment:Left+Aligned at: 0.25"+Indent at: 0.5" C. The executed original of the bylaws must be filed with the City Clerk within 1() — Formatted:List Paragraph,Left, No bullets calendar days of adoption by the L,ibraiy Board. or numbering ' Formatted:Numbered+Level: 1+ TI„ hese by Laws may be amended at any regular meeting - ." Numbering Style:A,B,C,...+Start at: 1+ Board of Directors with a quorum present, by a mafarity vote of the members present, Alignment:Left+Aligned at: 0.25"+Indent at: 0.5" pro"vsduig the amendment\vas stated at the previous inecting. Directors. l+'irst:considered by the ldk River Public Library Board on I'ebritary 9,2916 and adopted on March 22,2916 r(Formatted:Font:Garamond,12 pt,Not Bold Page 5 of 6