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Page 4 of 4 <br /> <br />Article X Annual Report <br /> <br />The Library Board will report to the City Council on an annual basis. A member of the <br />Board will attend this meeting with the Librarian. <br /> <br /> <br />Article XI Library Fund <br /> <br />There shall be created a library fund, which shall be kept separate from other accounts of the <br />city. All monies received by the Elk River Public Library shall be paid into the city treasury, <br />credited to the library fund, and paid out only upon receipt of itemized vouchers approved <br />by the Board. <br /> <br />The Elk River Library Board of Directors shall have exclusive control of the expenditures of <br />all monies collected for, or placed to the credit of, the library fund. <br /> <br /> <br />Article XII Amendments <br /> <br />These by-Laws may be amended at any regular meeting of the Elk River Public Library <br />Board of Directors with a quorum present, by a majority vote of the members present, <br />providing the amendment was stated at the previous meeting. <br /> <br />These By-Laws will be in force upon adoption by the Elk River Public Library board of <br />Directors. <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />