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HomeMy WebLinkAboutLansing Building Authority By-Laws of the - LBA - by laws and Amended an...BY-LAWS of the . -·-·--· LANSING BUILDING AUTHORITY ···-----·---·-···-· ·-· -.. ARTICLE I • . OFFICE: 1. lbe principal office shall be the 10th floor Conference Room of the ~ity ~all in the City of Lansing, County of Ingham, State of Michigan. 2. lbe Authority ~ay also have offices in such other places J as the Commission may from time to time appoint. ) ARTICLE II. ~: 3. The corporate seal shall have inscribed thereon the name of .the corporation and the word "seal". The physical possession of the seal shall be kept by the City Clerk for the City of Lansing. ARTICLE II I. •a:>MMISS ION MEETINGS: 4. Regular monthly meetings of the Commission of the City -of Lansing Building Authority, Ingham, Eaton and Clinton Counties, Michigan shall be held on the second Tuesday of each month, in the 10th Floor Conference Room, City Hall, Lansing, Michigan at 2:00 o'clock p.m. S. Special meetings of the Commission may be called by the Chairman of the Commission or any two members thereof, by serving on the other members a written notice of the date, time and place of sue] special meetings. GervicP. of the notice for a special meeting sHall be by: (a) Delivering the notices to the members personall}', at least six (6) hours before such meeting is to ta~ place; or .. ...,, ....; (b) Leaving the same at the member's residence with some adult person of the household at least twelve (12) hours before such me~ting is to.take place; or (e) Depositing the same in a governmental·mail receptacle, enclosed in a sealed envelope plainly addressed to . . each such member at his last known residence address, at least forty-eight (48) hours before such meeting is to take place. Se.rvices above prescribed may be made by a member of the Commission, the. Secretary of th~ Commission, or any employee of the Commission. 6. All resolutions, or parts of resolutions in conflict with this resolution be and the same are hereby rescinded. 7. At all meetings of the Commission a majority of the Com- missioners shall be necessary and sufficient to constitute a quorum for the transaction of business, and the act of the majority of the Com- missioners present at any meeting at which there is a quorum, shall be the act of the Corporation, except as may be otherwise specified, specifically provided by statutes or by the Article of Incorporation or by· these By-Laws. ARTICLE IV. DUTIES OFOFFICERS"MAY BE DELEGATED: 8. In case of the absence of any officer of the Corporation, or for any other reason that the Commission may deem su£ficient, the 1 ·' 'J Commission may delegate, for the time being, the powers or duties, or any of them, of such o£ficer to any other officer, or to any Commis- ·sione~, provided a 'majority of the entire Commission concurs therein. A.~T ICT .F. V. RULES OF PROCEDURE: 9. The parliamentary rules gover~ing all.meetings of the Building Authority shall be as outlined in the 1962 edition of - 2 - . ,. . . " ... v . .' ·---". ·-. -·. . ---. -.. -·-·-----·--... ---·-----···----· ·---·----------·-··-. J J .) Mason's Manual of Legislative Procedur~. ARTICLE Vt. AMENDMENTS: 10. The By-Laws of the Authority may be amended, added to or repealed, or other or new by-laws may be adopted in lieu thereof by a majority vote 9~ the Board of Commissioners of th~ Corporation, provided that notice thereof shall be giv~n in the notice of the meet- ing, and pr~vided further that the Board shall not make or alter any by-law fixing their qualifications, classifications, or term of office or compensation. .. ... .. AMENDED AND RESTATED ARTICLES OF INCORPORATION rt~1 ir;:JC~ .. ~ ~ ~: '.' :1 L.! r; 1 ~!l r: · ~ · '"l' r · ·· · · r:. · , ... -:-"-=·-r:.~., --· ~.· r·" I ,_ ... _ .. ,I .• I~· , ... ,...,. '• ~-. -· ....., ... '- CITY OF LANSING BUILDING AUTHORIT~EC~ETARY OF STATE These Amende~ and Restated Articles of-Incorporation are adopted, signed and acknowledged by the incorporating unit for the purpose of amending and restating the Articles of Incorporation of the City of Lansing Building Authority under the provisions of the enabling act, Act 31, Public Acts of Michigan, Extra Session, 1948, .V as amended, the Amended and Restated Articles being as follows: ARTICLE I NAME The name of this corporation and authority is the City of Lansing Building Authority. ARTICLE II INCORPORATING UNIT The incorporatinq unit is the City of Lansinq, Counties of Ingham, Eaton and Clinton, State of Michigan, a municipal cor- poration of the State of Michigan. t/. [. .. . . \ ARTICLE III PURPOSES . ' ~ v This authority is incorporated fo~·'tite purpose of acquiring, .. ..,,,,. " ... furnishing, equipping, owning, improving, enia~ging, operating and f maintaining a building or buildings, automobil~ parking lots or structures, recreational facilities, stadiwns, and the necessary site or sites therefor, together with appurtenant properties and facilities necessary or convenient for the ef~~ctive use thereof, ... ,. for use for any legitimate purpose of the City o( Lansing, counties of Ingham, Eaton and Clinton, Michigan. ARTICLE IV POWERS AND DUTIES Section 1. The authority shall be a body corporate with power to sue and be sued in ~ny court of the State of Michigan. Section 2. The authority and the incorporating unit shall have the power to enter into a contract or contracts whereby the authority shall-acquire property necessary to accomplish the purposes of this incorporation and contemplated by the terms of the enabling act, 4nd lease the property to the incorporating unit for a period not tQ.exceed fifty (50) years. Section 3. ·The author~ty shall have power to increase the consideration specified in any contract of lease with the incorporating unit whenever during the term of the contract of -2- \ ' lease an increase of rent is necessary to provide funds to meet the authority's obligations. Section 4. ·~·. •· 1 •• .. . .; .. • /. '' ;;,-.,I',. For the purpose~ acc;:omplishing the objects of its incorporation, the authority may acquire property by purchase, construction, lease, gift, devise or condemnation, and for the purpose of condemnation it may proceed wider the provisions of Act No. 149 of the Public Acts of 1911, as.now or.hereafter amended, or any other appropriate statute. ::..-., .,· .• Section s. The authority shall also have the power to enter into a contract or contracts pursuant to which the authority will acquire, furnish, equip, own or enlarge a building or buil- dings, automobile parking lots or structures, recreational facilities and stadiums independently or as an adjunct to other buildings, automobile parking lots or structures, recreational facilities, stadiums and the necessary site or sites therefor, together with the appurtenant properties and facilities necessary or convenient for the effective use thereof, to be leased to the incorporating unit for sublease to any one or more persons, firms or corpor- ations, for purposes which benefit and serve legitimate public purposes of the incorporating unit. Section 6. For the purpose of acquiring, furnishing, '-'" equipping, owning, improving and enlarging any building or buil~ dings, automobile parking lots or structures, recreational facilities, stadiums and the necessary site or sites therefor or appurtenant -3- : . properties and facilit~es necessary or convenient for the effective use thereof, independently or as an adjunct·t9 other buildings, ~. . .. ., .• : ' automobile parking lots or structures, r~creai"ional facilities, ' ... stadiums, and the necessary site or sites therefor, together with appurtenant properties and facilities necessary or convenient for the effective use thereof, the authority may issue bonds in accor- dance with and subject to the provisions of the enabling act. Section 7. When all bonds issue!l-to finance a speci- fie building or buildings, automobile parking lots or structures, recr~ational facilities, stadiums and the necessary site or sites therefor, together with appurtenant properties and facilities necessary or convenient to the effective use thereof, independently or as an adjunct to other buildings, automobile parking lots or structures, recreational facilities or stadiums shall have been retired, the authority shall convey title to the building or buil-. dings, automobile parking lots or structures, recreational facilities, stadiums, the site or sites therefor and any appurtenant properties and facilities financed by such bonds, to the incorporating unit. Section 8. All property owned by the authority shall be exempt from taxation by the State or any taxing unit therein. Section 9 .• The authority shall possess all the powers necessary to carry out the purpose of its incorporation, including the incidental powers necessary thereto and the power to contract with public agencies, private persons, partnerships or -4- .• . corporations for the ~peration, maintenance or repair of any buildinqs, automobile parking lots or struc~~res,. recreational .. .,... . . facilities and stadiums and appurtenant pro~~~ies and facilities .. .,,,.,. necessary or convenient for the effective.ose ~hereof, acquired by . "f,: the authority. The powers herein granted sh~Il be in addition to those granted by any statute or charter and ~he enumeration of a power, either in these Amended and Restated Articles of Incorpor- ation or in the enabling act, shall not be cons~rued as a limita- ;::...., .. tion upon such general powers~ Section 10. The term of this corporation and authority shall be perpetual, unless dissolved by law 9r by action of the governing body of the incorporatinq unit; provided, however, that this authority shall not be dissolved if any bonds issued by it shall be outstanding and provisions have not been made for the payment thereof, or if such dissolution would operate as an impair- ment of its contracts. Section 11. The authority shall not enter into con- tracts for professiQnal services in amounts in excess of funds on hand or appropriated to the authority for such purposes unless such amounts are payable after bonds of the authority are sold and ' delivered. ARTICLE V GOVERNING BODY -OFFICERS Section l. The authority shall be directed and -s- l . I I I I .. governed by a board Qf conunissioners of three "Commission.11 holding the ·s~~;i"i:e -·aad the City Attorney of the inco~p<lf"ating unit. No member ..... ~tt • ·--· ... -• of the governing body of the incorporating unit shall be eligible for membership or appointment to the authority. Section 2. (a) The t.erms-0.f_ea · member holding the office of Director of Finance, ~of -l>~~U,-c Service nd City Attorney shall continue for as lonq as the;emb~·~·hOids said office. In the event of a vacancy in one of said offices the mayor shall appoint a member to serve on the Conunission of th~ authority during the time that the position of Director of Finance, Director of Public Service and City Attorney or any of these shall be vacant, such appointment to be subject to confirmation by the City Council. (b) The terms of all Commissioners commenced on the first day of the month next following adoption and publication of the initial Articles of Incorporation. Section 3. The Commission shall designate one of its members as chairpeFson, and shall designate a secretary and a treasurer who need:.not be a member of the Commission, each to be designated for such term of office.as may be ffxed by the by-laws. Section 4. The Conunission sh~ll adopt and may amend by-laws and rules of procedure consonant with the provisions of the enabling act and provide therein for regular meetings of the Commission. -6- ... ' Section S. The commission shall adopt a corporate seal. Section 6. •. I .·'\.. . ~.··: The Chairperson snal~~preside at meetings ... ···"» of the commission and may sign and execute" .a .. 11·,~authorized bonds, f contracts, checks and other obligations in the name of the authority when so authorized by the Commission. The Chairperson shall do and perform such other duties as may be fixed by the by-laws and from time to time assigned to the Chairperson by the. Conunission • . ·--.... Section 7. The ..Secretary shall keep the minutes of all meetings of the commission, and of all conunittees thereof, in books provided for that purpose; shall attend to the giving,. serving and receiving of all notices or process of or against the authority; may siqn with the Chairperson in the name of the auth- ority all authorized bonds, contracts, checks and other obligations authorized by the Commission, and when so ordered, shall affix the seal of the authority thereto; ~hall have charge of all books and records, which shall at all reasonable times be open to inspection and examination of ~he Commis~ion, or any member thereof, and in general perform all the duties incident to the office of Secretary. The Secretary shall preside at meetings of the Conunission in the ' absence of the Cha~rperson. Section 8. ·The Treasurer shall have custody of all the funds and securities of the authority which may come into his hands or possession; when necessary or proper, shall endorse on -1- ' . r ·, .·· ' behalf of the authority for collection, checks, notes and other obligations, and shall deposit them t~. the cregit of the authority . ,·i.; .. :.# 'I' in a designated bank or depository; shal~ siq!{\all receipts and "'4-.• . . \ vouchers for payment made to the authority; duly jointly with such .. other officers as may be designated by the Commission, sign all authorized bonds, contracts, checks and other obligations of the authority when so ordered by the Commission; shall render a state-• ment of cash accounts when required by the Commission; .shall enter ~ , regularly in the books of the authority to be kept .for that pur- pose, full and accurate accounts of all moneys received and paid on account of the authority, and shall at all reasonable times exhibit the books and accounts to the commission or any member thereof when so required. The Treasurer shall perform all acts incidental to the position of Treasurer fixed by the by-laws and as assigned to the Treasurer from time to time by the Commission. The Treasurer shall be bonded for the faithful discharge of his duties as Treasurer, the bond to be of such character, form and in such amount as the Commission may require. Section 9. Compensation, and per diem and mileage for attending meetings~ if any, for the members of the conunission shall be fixed by the coiDinission with the approval of the incorporating unit. Section 10. The books and records of the authority and of the Commission, officers and agents thereof, shall be open to -8- . . • i . \ inspection and audit.by the incorporating unit at all reasonable times. •. I The authority shall submit a!2'.annu.~; ··:r;:~port to the incor- •• ¥ porating unit. .. .,I":. ·; ARTICLE VI CERTIFICATION, FILING AND PUBLICATION These Amended and Restated Article~ of Incorporation shall be executed in duplicate and delivered.-~o'the County Clerk ., . . • for ~he County of Ingham, who shall file one such duplicate in his office and the other with the secretary of the Authority. The Clerk of the incorporating unit shall cause a copy of these Amended and Restated Articles of Incorporation to be published once in THE STATE JOURNAL, being a newspaper circulated within the incorpora- ting unit. The County Clerk shall file one printed copy of such Amended and Restated Articles of Incorporation with the Secre_tary of State and one printed copy in his office, attached to each of which printed copies shall be the certificate of the County Clerk setting forth that the same is a true and complete copy of the Amended and Restated Articles of Incorporation on file in the off ice of the County Clerk and also the date and place of the publication thereof, all as provided in the enabling act. The county Clerk for the County of Ingham also shall cause one prin~ed copy of these Amended and Restated Articles of Incorporation to be filed with the county clerks of the Counties of Eaton and Clinton. -9- r • ARTICLE VII AMENDMENTS .,.., •I .. -: .. .; /~ Amendments may be made to thesElAitieiil:~d and Restated ,,,, Articles 6£ Incorporation as provided in Sectidn· 10 of the enabling act. ARTICLE VIII REGISTERED OFFICE ~ .... ~. ~ The location of the'reqistered office of the authority and the post office address is: City Clerk City Hall of the City of Lansing Lansing, Michigan ARTICLE IX EFFECTIVE DATE These Amended and Restated Articles of Incorporation shall become effective and be in full force and effect upon their publication as provided in Article VI. IN WITNESS WBEREOP, the incorporatinq unit has adopted . I and authorized to be executed these Amended and Restated Articles of Incorporation, on behalf of the City· of Lansing, Counties of I Ingham, Eaton and elinton, a municipal corporation of the State of Michigan, by the Mayor and the City Clerk of the City of Lansing. -10- l . -'. ' CITY OF LANSING COUNTIES OF INGHAM, EATON AND -eLINTQ~;·· tfICHIGAN ._: .~ ._ .,,,.)> By: ' ·~ sJ.Te~ry J. McKane Mayor-.,-Terry J. UcKane By: s/ aita M. Bauman . City Clerk -Rita M. Bauman The foregoing Amended and Restated A:t~lcles of Incorporation were adopted by the City council of the City of Lansinq, Counties of Ingham, Eaton and Clinton, Michigan, at a Regular _ meeting duly held on the 24th day of June , 1985. s/ Rita M. Bauman City-Clerk -Rita M. Bauman City of Lansinq The validity of the above Amended and Restated Articles of Incorporation of the City of Lansing Building Authority shall be conclusively presumed unless questioned in a court of competent jurisdiction within 60 days after the filing· of certified copies with the Secretary of State and the County Clerks • • -11- •I .-.. . ., . . ' CERTIFICATE OF COUNTY CLERK The undersigned, being the duly elected and acting County Clerk of the County of Ingham, State of Michigan, hereby certifies that the attached is a true and complete copy of the original Amended and Restated Articles of Incorporation of the City of Lansing Building Authority which are on file in the office of the County Clerk of the County of Ingham, State of Michigan, a copy of which was published in The State Journal on the 16th day of July, 1985. Signed this f 7ffl day of July, 1995. ' . -.. ·' " ' ! I•. : : ·-.. . ·. ,, . ·-• • . t ·.,. •,, . I •, I i ·,, ... · ,. . . . .... . . '• I • I ,. • . )• ,, ...... . '·,, ·:11.·u11: t . I' I., r •' • •. Lingg Brewer county Clerk, County of Ingham, State of Michigan ~~ By: