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Page 5 of 5 <br /> <br /> <br />Article X Library Fund <br /> <br />A. There shall be created a library fund, which shall be kept separate from other <br />accounts of the city. All monies received by the Elk River Public Library shall be <br />paid into the city treasury, credited to the library fund, and paid out only upon <br />approval by City Council based on the city’s financial policies. <br /> <br />B. The Library Board is given monthly financial reports to track the status of budget <br />line items approved by the City Council. <br /> <br /> <br /> <br />Article XI Amendments to Bylaws <br /> <br />A. Any changes to the Bylaws will be reviewed and approved by the Library Board and <br />filed with the City Clerk’s office. <br /> <br />B. These bylaws may be amended at any regular meeting by a majority vote of the <br />membership provided that the amendment(s) has (have) been submitted in writing at <br />the previous regular meeting. <br /> <br /> <br />Adopted on ____________________. <br /> <br />Chair, <br />Elk River Public Library Board <br /> <br /> <br />________________________________ <br /> <br />