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Ordinance 13-M-04 Amended Articles, Bylaws Economic Development CorporationORDINANCE NO. 13-M-04 AN ORDINANCE BY THE CITY COUNCIL OF THE CITY- OF SCHERTZ, TEXAS AUTHORIZING AN AMENDED AND RESTATED CERTIFICATE OF FORMATION OF THE CITY OF SCHERTZ ECONOMIC DEVELOPMENT CORPORATION; APPROVING AMENDED AND RESTATED BYLAWS OF SUCH CORPORATION; APPOINTING DIRECTORS TO THE BOARD OF DIRECTORS OF SUCH CORPORATION; AND OTHER MATTERS IN CONNECTION THEREWITH WHEREAS, the City Council (the "Council") of the City of Schertz, Texas (the "City") has previously authorized the creation of the City of Schertz Economic Development Corporation (the "Corporation") in accordance with the Development Corporation Act, as amended, Title 12, Subtitle C1, Texas Local Government Code (the "Act"); and WHEREAS, the Board of Directors of the Corporation has, by Resolution dated January 24, 2013, approved amendments to the existing Certificate of Formation and the Bylaws of the Corporation and has recommended those amendments to the Council; and WHEREAS, the Council has reviewed and approved the proposed amendments to the existing Certificate of Formation and the existing Bylaws of the Corporation and has determined to authorize and approve such amendments; and WHEREAS, the Council desires to approve the members of the Board of Directors of the Corporation; and WHEREAS, the Council hereby finds and determines that the adoption of this Ordinance is in the best interests of the citizens of the City; now, therefore, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SCHERTZ, TEXAS THAT: Section 1. The Council hereby approves an Amended and Restated Certificate of Formation (the "Articles of Amendment") for the Corporation (a copy of which is attached in substantially final form to this Ordinance as Exhibit A). The Council hereby authorizes the City Secretary to execute the Articles of Amendment and to cooperate with the Corporation in filing such Articles of Amendment with the Texas Secretary of State, with any such changes therein which do not alter the substance thereof (as determined by the City Attorney) as may be required by the Secretary of State for filing. Section 2. The Council hereby appoints the following persons for terms expiring on May 31 of the following years, as the directors of the Corporation, as set forth in the Articles of Amendment: 50429378.2 Name Term to );mire Angelina I. T. Kiser 5/31/2013 Tim Brown 5!31/2013 Roy Richard, Jr. 5/31/2013 Grady Monis 5/31/14 Marvin Thomas 5/31/14 Matthew Duke 5/31/14 Rosemary Scott 5/31/14 Section 3. The Council hereby approves the amended Bylaws for the Corporation in the form attached hereto as Exhibit B. Section 4. The recitals contained in the preamble hereof are hereby found to be true, and such recitals are hereby made a par4 of this Ordinance for all purposes and are adopted as a part of the judgment and findings of the Governing Body. Section 5. All ordinances and resolutions, or parts thereof, which are in conflict or inconsistent with any provision of this Ordinance are hereby repealed to the extent of such conflict, and the provisions of this Ordinance shall be and remain controlling as to the matters resolved herein. Section 6. This Ordinance shall be construed and enforced in accordance with the laws of the State of Texas and the United States of America. Section 7. If any provision of this Ordinance or the application thereof to any person or circumstance shall be held to be invalid, the remainder of this Ordinance and the application of such provision to other persons and circumstances shall nevertheless be valid, and the. Council hereby declares that this Ordinance would have been enacted without such invalid provision. Section 8. It is officially found, determined, and declared that the meeting at which this Ordinance is adopted was open to the public and public notice of the time, place, and subject matter of the public business to be considered at such meeting, including this Ordinance, was given, all as required by Chapter 551, as amended, Texas Government Code. Section 9. This Ordinance shall be in force and effect from and after its final passage, and it is so ordered. 50429378.2 PASSED ON FIRST READING on the 29`"day of January, 2013. PASSED AND ADOPTED on second and final reading on the S'" day of February, 2013. ATTEST: City ecretary, Brenda Dennis (SEAL OF THE CITY) CITY OF SCHERTZ ,TEXAS By: ayor, Michael R. Carpenter 50429378.2 .S'-1 Corporations Section ~t;SG ~~, JOllll SI2011 P.O~I3ox 13697 5 ~ - ~ Secretary of State Aus[in, Texas 7871 1-3697 ~ Y~ ' Office of the Secretary of State CERTIFICATE OF FILING OF "CITY OP SCI-IERTZ ECONOMIC DEVELOPMENT CORPORATION" 147790301 The uudersigued, as Secretary of State of Teas, hereby certifies that a Restated Certiticate of Formation for the above named domestic nonprofit corporation has been received hl this office and has been found to conform to the applicable provisions of law. ACCORDINGLY, the uudersigued, as Secretat}~ of State, and by virtue of the authority vested in the secretatry by lativ, hereby issues this certificate evidencing filing effective ou the date shown below. Dated: 02/08/2013 Effective: 02/08/20 13 ~~~~ ~ O~~ w ( ~ ~i (~ ~, ~ 1 . ~ ~! John Steen Secretary of State Come visit as a[!!te Internet ~[ ht[p://ivrnv.soss[ole.Lr.ar/ Phone: (S 12)463-SSSS Pax: (S 12)463-5709 Dial:7-I-1 for Relay Services Prepared by: Angie Hurtado 'I'ID: 10313 Document: 465289240002 Corporations Section P.O,Box 13697 Austin, Texas 7871 1-3697 ~~~T~ ~~~ ~ ~ ~ 5 ~ F~ Office of the Secretary of State February 11, 2013 Capitol Services Inc P O Box 1831 Austin, TX 78767 USA RE: "CITY OF SCHER"1'Z ECONOMIC DEVELOPMENT CORPORATION" Pile Number: 147790301 John Steen Secretary of State It has been our pleasure to file the Restated Certificate of Formation for the referenced entity. Enclosed is the certificate evideuchrg filing. Payment of the filing fee is acknowledged by this letter. If we may be of fiuther service at any time, please let us know. Sincerely, Corporations Section Business & Public Filings Division (S12)463-SSSS Enclosure Conre visit us on the tnlerne! nl http://ivrowsos.sttrte.h.as/ Phone: (S 12) 463-SSSS Fax: (S 12) 463-5709 Dial: 7-I-1 for Relay Services Prepared by: Angie Hurtado TID: 10323 Document: 465289240002 FILE D Secretary off3tate of Texas FEE 0 8 2013 AIVIEND);D An~D RFSTATI;D c~RTIFICATr; of FoRivIATloivarporations Section OF CITY OF SCHT;RTZ 1JCONOMIC DrV>;LOPMI;NT CORPORATION L The City Council of the City of Schertz, Texas, the governing body of the city under whose auspices the City of Schertz Economic Development Corporation was created, pursuant to the Texas Non-Profit Corporation Act, as amended, and the Development Corporation Act, as amended, hereby adopts an amended and restated certificate of formation which accurately copies the original articles of incorporation and all amendments thereto that are in effect to date and as further amended by such amended and restated certificate of formation as hereinafter set forth and which contains no other change in any provision thereof. 2. Each such amendment made by this vuended and restated certificate of formation has been effected in conformity with the provisions of the Texas Non-Profit Corporation Act, as amended, acrd Che Development Corporation Act, as amended, specifically Title 12, subtitle C1, Texas Local Govermnent Code, and such amended and restated certificate of formation and each such amendment made by this amended and restated certificate of formation were duly approved by the City Council of the City of Schertz, Texas on February 5, ?013 in accordance with Section 501.310 of the Development Corporation Act, as amended. 3. The original articles of incorporation and all amendments and supplements thereto are hereby amended and superseded b}' the following amended and restated certificate of formation; which accurately copies the entire text thereof in effect and as amended to date and as herein amended, and this instrument contains no other change in any provision thereof: (remainder ofhage i77[en[ioncrll~~ left blank) 10429377.1 AIVIENDED AND 12ESTATED CERTIFICATE OF FORMATION OF CITY OF SCAERT7 ECONOMIC DEVELOPMENT CORPORATION At•ticle Oue Nance The name of the Corporation is the "Cit}~ of Schertz Economic Development Corporation". Article Trr~o Authorization The Corporation is a nonprofit corporation and is an industrial development corporation under the Development Corporation Act, as amended, Title 12, Subtitle CI, Texas Local Government Code (the "Act") and shall be governed by Chapter 501, Chapter 502, and Chapter 505 of the Act, as now existing or as nra}~ be amended and an election held in t{re City on August 9, 1997, Article Three Duratimt Subject to the provisions of Article Thirteen hereof, the period of duration of the Corporation is perpetual. Article Four Purpose Antl Limitations (a) The Corporation is organized exclusively for the proposes of benefiting and accomplishing public purposes of, and to act on behalf of, the City, and the specific purposes for which the Corporation is organized. It may issue bonds, notes, and other forms of debt inshlunents, and it may acquire, maintain, lease, and sell property, and interests therein, on behalf of the City as authorized by Chapter 501, Chapter 502, and Chapter 505 of the Act to promote economic development within the City and the State of Texas in order to eliminate unemployment and under employment and to promote and encourage employment and the public welfare of, for, and on behalf of the City. The Corporation may finance and underCake any such project, subject to the regulations and limitations set forth in Chapter 501, Chapter 502; and Chapter 505 of the Act and an election held in the City on August 9, 1997. 'Ihe Corporation is authorized to issue bonds as permitted by the Act, provided, hoGVever, no bonds may be issued by the Corporation and no project may be finsurced with bond proceeds or other revenues of the Corporation unless such bonds or projects are first approved by the Council. The Corporation is a constituted authority and a public insh•umentality within the meaning of the Act, the regulations of the United States "Treasury Department, and the rulings of the Internal Revenue Service prescribed and promulgated pursuant to sections 103 and 141 of the Internal Revenue 50429377.1 Code of 1986, as amended, and the Corporation is authorized to act on behalf of the City as provided in the Act and this Certificate of Formation. (b) ht the fulfilhnent of its corporate propose, the Corporation shall have and may exercise the powers described in paragraph (a) of this Article, together with all of the other powers granted to corporations that are incorporated tinder the Act and that ue governed by Chapter 501, Chapter 502, and Chapter 505 thereof, and, to the extent not in conflict with the Act, the Corporation shall additionally have and may exercise all of the rights, powers, privileges, authorities, and fimctions given by the general laws of the State of Texas to nonprofit corporations under the Non-Profit Corporation Act ("Texas Business Organizations Code, as amended). (c) The Corporation shalt have the purposes and powers pernutted by the Act pursuant to the authority granted hi Article III, Section 52-a of the Texas Constiltttion, but the Corporation does not have, and shall not exercise the powers of sovereignty of the City, inducting the power to tax (except for the power to receive and use the sales and use taxes specified in Chapter 501, Chapter 502, and Chapter 505 of the Act) and the police power, except that the Corporation shall have and may exercise the power of eminent domain when the exercise thereof is approved by the Council aad to the extent allowed by the City Charter. However, for the purposes of the Texas Tort Claims Act, as amended (Subchapter A, Chapter t O1, Texas Civil Practice and Remedies Code), the Corporation is a goverrunental unit, and its actions are governmental fimctions. (d) No bonds, notes, or other debt instrmments or other obligations, contracts, or agreements of the Corporation ar•e or shall ever be deemed to be or constitute the contracts, agreements, bonds, notes, or other debt instruments or other- obligations or the lending of credit, or a grant of the public money or things of value; of, belonging to, or by the State of Texas, the City, or any other political corporation, subdivision or agency of the State of Texas, or a pledge of the faith and cre<tit of any of them. Any and all of such contracts, agreements, bonds, notes, and other debt instruments and other obligations, contracts and agreements shall be payable solely and exclusively from the revenues and fwtds received by the Corporation from the sources authorized by Chapter 501, Chapter 502, and Chapter 505 of the Act and from such other sources as may be otherwise lav<~fidly available and belonging to the Corporation from time to time. Article Pine Financing (a) Before the consummation of the initial delivery of any bonds, notes, or other forms of debt instruments, the Corporation shall obtain approval by the Council. (b} In the exercise of the powers of the Corporation, the Corporation may enter into loan, lease, trust, or other agreements as authorized by the Act that are necessary and appropriate to the fuifillmerrt of the public propose of dte Corporation, all of which agreements, and the specific uses, and the methods of withdrawal and expenditure of the proceeds of the bonds, notes, or other debt instruments, must be included as a part of the approval process of the Council required by paragraph (a) above. ?(FM129377.1 (c) In the exercise of the powers of the Corporation, the Corporation may not enter into any loan, lease, trust, or other agreement the effect of which would grant, convey, transfer, mortgage, encumber, pledge or assign a security interest or any other interest in any property owned by the City. Any agreement entered into by the Corporation shall contain language substantially to the effect that any grant, conveyance, transfer, mortgage, encumbrance, pledge or assignment of property owned by the City is prohibited. Article Sic No Members The Corporation has no members and is a nonstock corporation. Article Seven Sales Tac Upon receipt from the City of the proceeds of the sales and use tax imposed under Chapter 501, Chapter 502, and Chapter 505 of the Act, the Corporation nray use the proceeds as permitted by the Act as now existing or as may be amended and this Certificate of Formation. Article Eight Amendment This Certificate of Formation may be amended at any time as provided in the Act, to make any changes and add any provisions which aught have been included in this Certificate of Formation in the first instance or as may be permitted by subsequent changes in the law. Any amendment may be accomplished in either of the following manners: (1) The members of the Board of Directors of the Corporation shall file with the Council a written application requesting approval of the amendments to this Certificate of Formation; specifying in such application the amendments proposed to be made. The Council shall consider such application and, if it shall, by ordinance, duly find and determine that it is advisable that the proposed amendments be made it shall approve the form of the proposed amendments. The Board of Directors of the Corporation may then amend this Certificate of Formation by adopting such amendment at a meeting of the Board of Directors and delivering such amendments to the Secretary of State; or (2) The Council may, at its sole discretion, and at any time, amend this Certificate of Formation and alter or change the stnrchu'e, organization, programs, or activities of the Corporation, or terminate or dissolve the Corporation (subject to the provisions of the Act, and subject to any limitation provided by applicable constitutions and laws of the impairment of contracts entered into by the Corporation) by ordinance adopting the amendment to this Certificate of Formation or certificate of dissolution at a meeting of the Council, and delivering a certificate of amendment or dissolution to the Secretar}~ of State, as provided in the Act. A restated Certificate of Formation may be filed with the Secretary of State as provided in the Act without the consent of the Council. 50429377.1 cl Article Nine Registered Office and Registered Agent The street address of the registered office of the Corporation is 1400 Schertz Parkway, Schet•tz, Texas 78154, and the name of its registered agent at that address is John C. Kesel. Article Ten Board of Directm•s; Officers (a) The affairs of the Corporation shall be managed by a board of directors which shall be composed of seven (7) persons appointed by the Council. The terms of the board of directors named in this Amended and Restated Certificate of Formation shall be as follows: Three (3) of the directors shall be appointed to terms expiring May 31, 2013, and four (4} of the directors shall be appointed to terms expiring Yiay 31, 2014. Thereafter, the terms of directors shall be hvo (2) years, expiring on May 31 of odd numbered and even numbered years, respectively. Directors may be appointed to succeed themselves. Each director must be a resident and qualified elector of the City. No employee or officer of the City or member of the Council may be a director. A majority of the entire membership of the board, including any vacancies, is a quorum. 1'he board shall conduct all meetings within the boundaries of the City. (b) The names and street addresses of the persons who are to serve as the directors as of the effective date of this Amended and Restated Certificate of Formation and the dates of expiration of their terms as directors, are as follows: Expirafion Names Addresses of Term Angelina I. T. Kiser 1400 Schertz Parkway 5/31(2013 Schertz, TX 78154 Tim Brown 1400 Schertz Parkway 5/31/2013 Schertz, TX 78154 Roy Richard, Jr. 1400 Schertz Parkway 5/31!2013 Schertz, TX 78154 Grady Morris 1400 Schertz Parkway 5/31/2014 Schertz, TX 78154 Marvin Thomas 1400 Schertz Parkway 5/31!2014 Schertz, TX 78154 Matthew Duke 1400 Schertz Parkway 5/31!2014 Schertz,l'X 78154 Rosemary Scott 1400 Schertz Parkway 5/31/2014 Schertz, TX 78154 Eac0 director shall serve until a successor is appointed . Directors are removable by the Council at any time v<~ith or without cause. Any vacancy occurring on the board of duectors (by soaz9s~~.r reason of death, resignation, or otherwise) shall be filled by appointment by the Council of a person who shall hold office with the expiration of the term. (c) The directors shall serve without compensation, but they shall be reimbursed for their actual expenses incurred in the performance of their duties as directors. (d) The board of directors shall elect a president, vice president, secretary, and any other officers that the Corporation considers necessary, to serve as executive officers of the Corporation, as more specifically provided in the Corporation's Bylaws. The team of each officer's office shall expire on May 315` of each year. The City Manager, or lux designee, shall serve as the Executive Director of the Corporation to provide administrative support services for the Corporation, but the Executive Director shall not be a member of the board of directa•s. (e) Meetings of the board of directors are subject to the Texas Open Meetings Act, as amended (Texas Government Code, Chapter 551); and the Corporation is subject to the Texas Public Information Act, as amended (Texas Government Code, Chapter 552). Article Eleven Bylaws The Bylaws of the Corporation have been approved by the Council and shall be adopted by the Corporation's board of directors and shall, together with this Certificate of Formation, govern the initial affairs of the Corporation until and unless amended in accordance with the provisions of the Act and this Certificate of Formation. Article Ttivelve Council Approval The City has specifically authorized the Corporation by Ordinance dated September 4, 2007 to act on its behalf to further the public purposes stated in such Ordinance and this Certificate of Fomration, acrd the City has by such Ordinance approved the Corporation's original Articles of Incorporation, as amended, and this Certificate of Formation. A copy of the Ordinance is on file among the permanent public records of the City and the Corporation. Article Thirteen Dissolution (a) fhe Corporation shall not be dissolved; and its business shall not be terminated, by act of the Council or otherwise, so long as the Corporation is obligated to pay any bonds, notes, or other obligations and unless the collection of the sales and use tax authorized by Chapter 501, Chapter 502 and Chapter 505 of the Act is eligible for termination in accordance with the provisions of Chapter 505 of the Act. (b) No action shall be taken pursuant to paragraph (a) of this Article or pursuant to paragraph (b) of Article Fifteen of this Certificate of Formation, in any manner or at any time that would impair any contract, lease, right, or other obligation theretofore executed, granted, or incurred by the Corporation. i W24377.1 Article Fourteen Not a Private Foundation If the Corporation is ever determined to be a private foundation within the tneanittg of section 509(a) of the Internal Revenue Codc of 1986, as amended (the "Code"), the Corporation: (I) shall distribute its income for each taxable year at such time and in such manner as not to become subject to the tax on undistributed income imposed by section 4942 of the Code; (2) shall not engage in any act of self dealing as defined in section 4941 (d) of the Code. (3) shalt not retain any excess business holdings as defined in section 4943(c) of the Code; (4) shall not make any investments in such manner as to subject it to tax tinder section 4944 of the Code; and (5) shall not make any taxable expendihrres as defined in section 4945(d) of the Code. Article Fifteen t~'Iiscellaneous (a) No dividends shall ever be paid by the Corporation, artd no part of its net earnings remaining after payment of its expenses and other obligations shall be distributed to or inure to be benefit of its directors or ofticers, or any individual, private firm, or private corporation or association, except in reasonable amounts for services rendered. (b) If, after the close of any fiscal year, the board of directors determines that sufficient provision has been made for the fidl payment of all cun•ent expenses, togeHter with all amounts payable on the contracts, agt•eements; bonds, notes, and other obligations of the Corporation, and that all of the teens, provisions, and covenants dterein have been met, then any net earnings derived front sources other than the sales and use taxes collected for the account of Corporation pursuant to Chapter 501, Chapter 502, and Chapter 505 of the Act thereafter accruing in connection with projects tmaneed pursuant to Chapter 501, Chapter 502, and Chapter 505 of the Act, and lease payments received in connection with projects financed pursuant to Chapter 501, Chapter 502, and Chapter 505 of the Act shall be used solely for the purposes permitted by Chapter 501, Chapter 502, and Chapter 505 of the Act and Article 4(a) of this Certificate of Formation. (c) If the Corporation ever should be dissolved when it has, or is entitled to, uty interest in any fiords or property of any kind, real, personal or mixed, such fiords ar property or rights thereto shall not be transferred to private ownership, but shat( be hansfen•ed and delivered to the Cit}~ after satisfaction of debts and claims. >0429}77.1 (d) No past of the Corporation's activities shall consist of the carrying on of propaganda, or otherwise attempting to influence legislation, and the Corporation shall not participate in any political campaign for or in opposition to any candidate for public office. (remainder of page intentimvalty left blank) 50429377.1 Dated this 5`~' day of February, 2013. CITY OF SCHERTZ ECONOMIC DEVET OP\2ENT CORPORATION ::' .--'' ..,~- By: r ..~-~ ~~z~_..._......_--_. President ~.. B}': ~0 ~ ~. J c~~ ' ----~ Secretary CITY OF SCHERTZ, TEXAS ~ ~ _\ (/ ~ I3}~~ ` >> r A ~ c C',}~YY16 tl City Secretary uuzs3~7.i r#CKi\`O WLEllUENIEs NT THE STATE OP TEJiAS COUNTY OF GUADALUPE On this the ~ day of ,.~,c_ ~~~,~ 2013, before me, the undersigned I`'otar}~ a~ Public, personall}~ appeared ~ two ~jhw ,who acknotivledged to me that helshe is the President of the City of Schertz Economic Development Corporation, and that helshe, as such official, being duly authorized to do so, executed the foregoing Amended and Restated Certificate of Formation of the City of Schertz Economic Development Corporation by signing his name in such capacit}~. IN R'ITNESS ~VHEREOF,1 have hereon to set my hand and official seal. __ _ ~ ~ ( `'~ _- ~ - ~~. r~'ns~rrrrrr~rnpv.~trrL~t~tr~zx!n2rZrr~Z2uir7i~lt~` ~ ~-.'~~-. s~~` 9~~A.I ~.~-`__~._ L~k1a p~~ t1RENDA t0UlSE UENNIS NotaY`y ublic of the 3 ate of Texas ~~ ~ N01~,ttY PURI IC (N~~~ 57A7C OY'tEXA i ,~,,~. tdp Gommis;Mn t,~piros 1 f •03 PGiA i n771J1r}~fLlluJ~~~Jar.~..rClZ~ct~ti~rlu~dtttt?TlZtrrlllra i W29377.1 ACT~'Oy~'LEllGENI1;NT THE S"PATE OF TEXAS COUNTY OF GUADALUPE On this the~`day of ~ ~,tit~rtil , 2013. before me. the undarGianed Nnta,-,- i~„t,r,~ personally appeared 1cr-,c t,~n,~ ``' r' :- , v,~ho acknowledged to me that he/she is the Secretary/Treasurer of t to City of Schertz Economic Development Corporation, and that he/she, as such official, being duly authorized to do so, executed the foregoing Amended and Restated Certificate of Formation of the City of Schertz Economic Development Corporation by signing his name in such capacity. IN ~j'ITNESS GVHEREOF, I have hereon to set my hand and official seal. 1t1Z~RfllZD71~~~%72/r"l2f>i1~7L?"c~Pi1Z~ ~E-~~ BRENDA IDUISE DF.NNIS ~~ ~ NOTARY PUtf1.IC ~t t~C,~~Il STATE OF 7EYa1S ~{y Gtlf077d9919h fiKaltas 170-3-oi4 'I+ZCilX,!£irL1] )atllC/Sf_/17../li/.t~',JJdllfJ11i(d11111Z(I.C7.771( .. Notary Public of the State of Texas Sn~~4377.7 ACI{NOR'LEDGENIENT THE STATE OF TF.,XAS COUNTY OF GUADALUPE S~ On this the ~ ` day of !"f.~x~~cL;tit 2013, before me, the undersigned Notary Public, personally appeared Brenda Det tsm who acknowledged to me that she is the City Secretary of the City of Schertz, Texas, and that she, as such official, being duly authorized to do so, executed the foregoing Amended and Restated Certificate of Formation of the City of Schertz, T eras by signing her name in such capacity. IN WITNESS WHEREOF, I have hereon to set my hand and official seal. DE9RA K. KHAt/SE ' Notary putNfa State of Texas ~~~q , ~~ * ~~ ~c0'" ~'res07'ts Notary Public of the State of Texas (Notary Seal) 56A?93721 12 [The remainder of this page intentionally left blank] 50429378.2 EXHIBIT A AMENDED AND RESTATED CERTIFICATE OF FORMATION (see Attached) 50429375.2 A-1 EXHIBIT B AMENDED AND RESTATED BYLAWS (see Attached) 50429378.2 $_1