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In fulfilling the CBLID's primary purpose, the Board will work with qualified <br />resources including the Carman Bay community, the LMA, the LMCD, the DNR, the <br />City Council and other state and federal agencies as determined by the Board. <br />Article 3: Membership, Boundaries and Voting <br />Section 1. Membership and Boundaries <br />Membership of the CBLID shall include the owner or owners (Property Owners) of the <br />various real estate parcels identified by Hennepin County PID number located within <br />the official boundaries of the CBLID as illustrated on the official map of the CBLID, <br />which is attached hereto as Exhibit C. <br />Section 2. Voting3 <br />As more specifically set forth in these Bylaws, Property Owners are eligible to cast <br />votes on board member elections, budgets, and proposed projects by the CBLID <br />having a cost to the CBLID in excess of $5,000. Each parcel identified by a Hennepin <br />County PID number within the official boundaries of the CBLID shall have one (1) <br />vote. <br />Article 4: Funding <br />Property Tax Levies, Grants and Gifts <br />The public financing of projects and services by the CBLID may be made by the <br />following methods in compliance with MN Statute 10313.555 FINANCING: <br />1. Assessing the costs of the projects upon benefitted property within the <br />CBLID in the manner provided under chapter 429; <br />2. Levying ad valorem tax solely on property within the CBLID, to be <br />appropriated and expended solely on projects of special benefit to the <br />district. <br />In addition, the CBLID may be funded by revenues from grants, gifts, or the <br />like. <br />Article 5: Board of Directors <br />Section 1. Powers and Responsibilities <br />The Board shall have authority for and be responsible for the supervision, <br />control and direction of the CBLID including:4 <br />1. Developing, monitoring, assessing, and implementing the LVMP; <br />2. Scheduling the Annual Meeting; <br />3. Managing the business of the CBLID; and <br />4. Performing such other duties as are specified in these Bylaws. <br />3 See Minn. Stat. S. 103B.571 Subd. 3. <br />4 Taken in part from Minn Stat. S. 103B.571 and Article IX Section 1 of the St. Alban's Agreement. <br />2 <br />