CONCORD PARK NEIGHBORHOOD
AMENDMENTS TO BY LAWS
DECEMBER 7, 2004
existing paragraphs in Article II are now titled Section 1.
the following sections to Article II.
This organization is a nonprofit public benefit organization and
is not organized for the private gain of any person.
No substantial part of the activities of this organization shall
consist of carrying on propaganda or otherwise attempting to influence
legislation, and the organization shall not participate or intervene in any
political campaign (including the publishing or distribution of statements) on
behalf of any candidate for public office.
The property of this organization is irrevocably dedicated to
charitable purposes and no part of the net income or assets of this
organization shall ever inure to the benefit of any director, officer, or
new Article XII.
XII. DISPOSITION OF ASSETS AT DISSOLUTION
Upon the dissolution or winding up of the organization, or upon
Dormant Partnership status with the City of Concord, its assets remaining after
payment, or provision for payment, of all debts and liabilities of this
organization shall be distributed to a nonprofit fund, foundation, or
corporation, which is organized and operated exclusively for charitable
purposes and which has established its tax-exempt status under IRC Section
501(c)(3), and the remaining Graduation Stipend shall be returned to the City
ARTICLE V. MEETINGS
Revise Section 6 of Article V to read:
6 Attendance Records
An attendance sheet will be provided for attendees to sign at
every Board, general, and special meeting. These records will be kept and
maintained by the Secretary of the CPNA. Board members will contact the Chair
or Secretary if they cannot attend a Board or general membership meeting.
VI. BOARD OF DIRECTORS
Section 1 of Article VI to read:
Composition of the Board
The Board of Directors, herein referred to as the Board, will be
composed of up to seven (7) members: Chair, Vice-Chair, Secretary, Treasurer
and three (3) Area Representatives. One member may hold both offices of Secretary
and Treasurer. All members of the Board will be members in good standing of the
Paragraph D to Section 2 Duties of the Board of Article VI.
D. Fund Raising: The Board will be responsible for any fund
raising activities including acceptance of voluntary donations, stipends and
VII. DUTIES OF THE OFFICERS
Paragraphs G and H to Section 1 of Article VII.
G. The Chair will chair the Budget Committee, which will review, maintain
and forecast the future expenditures and income for the CPNA, and report back
to the Board members their findings and proposals for the year.
H. The Chair, or the Treasurer, will sign all authorized CPNA
Paragraph E in Section 2 Vice-Chair of Article VII.
Paragraph E in Section 3 Secretary of Article VII to read:
E. The Secretary
will be responsible for the conduct of all elections and for preparing all
ballots for elections.
Add Section 5 to Article VII.
Section 5 Treasurer
A. The Treasurer will be an Ambassador for CPNA and at no time
will the Treasurer use this position to endorse his/her personal beliefs or
opinions when in conflict with the positions of CPNA. The Treasurer will only
act upon the direction of the majority of the Board.
B. The Treasurer will keep true and accurate records of all
financial transactions, without deletions, for the CPNA.
C. The Treasurer will provide a written and oral report on the financial
status of the CPNA at each Board or general membership meeting. If the
Treasurer is unable to attend, he/she will give the written report to the Chair
who will report in place of the Treasurer. The written report will be included
in the minutes of the meeting.
D. The Treasurer will prepare an annual financial report of the
CPNA at the end of the fiscal year that will be distributed to members.
E. The Treasurer or the Chair will receive, and deposit to the
CPNA account, all funds received.
F. The Treasurer will prepare, and the Chair or the Treasurer will
sign, all authorized CPNA expenditures.
G. The Treasurer will be responsible for all necessary bookkeeping
for each disbursement of CPNA funds and keep a balanced record book showing all
cash assets of the CPNA in full.
H. The Treasurer will allow members to examine the financial
records and pertinent correspondence upon written request for an appointment.
At no time will the Treasurer let anyone remove original records and other
material from his/her possession.
I. The Treasurer will be a member of the Budget Committee, which
is responsible for preparing the annual budget and presenting it to the Board.
J. If the Chair, Vice-Chair, and Secretary are unable to attend a
scheduled meeting, the Treasurer will preside over that meeting.
K. At the expiration of the Treasurer's term of office he/she will
deliver to his/her successor all CPNA books, records, accounts, inventory,
funds and other property belonging to the CPNA.
Section 3 to Article VIII.
3 Budget Committee
Budget Committee will be Chaired by the Board Chair. Three (3) or more
additional members of the association, including the Treasurer, will be on the
committee. The Budget committee will prepare the annual budget and present it
to the Board no later than one month before the new fiscal year. The proposed
budget will outline both income and expenditures and will be in accordance with
sound accounting practices. The Board will make any necessary changes and the
committee will present the final budget for Board approval before or on the new
existing paragraph in Section 2 of Article IX is now paragraph A.
following paragraphs to Section 2 of Article IX.
B. Nominations for election to the Board may be accepted from the
floor at the general meeting of the CPNA where elections for Board of Directors
will occur. An individual to be nominated from the floor must be present at the
meeting, must accept the nomination, and the nomination must be made and
supported by at least two members other than the nominee.
C. The Secretary will be responsible for verifying and counting
the ballots at the election and will report the results to the membership at
the meeting during which the election occurred.