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A <br />Each voting member has the right to make a nomination and a voting <br />member has the right to nominate himself/herself for office. <br />Elections shall be held annually at the first regular meeting <br />following the close of the city's previous fiscal year. <br />Nominations for each office may vary from one to the total of <br />voting m�m'bers. Nominations will cease upon a motion, second and <br />' <br />Vacancies in office <br />Vacancies in office shall be filled by vote at the next regularly <br />scheduled meeting of the Board of Directors after the vacancy <br />occurs. <br />Elected persons filling the vacant positions will hold office <br />through the remainder of the present term but will not be charged <br />as their term of office (except in the vacancy of the Chairperson, <br />upon which time the Vice -Chairperson will take charge of the <br />office and duties of the Chairperson). <br />Annual Report <br />At the first regular meeting of the Board of Directors following <br />the end of each fiscal year of the city, the Board of Directors <br />shall report to the City Council all amounts received during the <br />preceding year and the sources thereof, the amounts expended and <br />for what purposes, the number of books on hand, the number <br />purchased and loaned and other such information as it deems <br />advisable. <br />� <br />The Treasurer and Secretary will work with the Librarian in <br />compiling the Annual Report. <br />