Laserfiche WebLink
�-1. ` < r <br /> ..� . . <br /> WRITTEN ACTION <br /> OF THE <br /> BOARD OF GOVERNORS <br /> OF <br /> NORTH SHl'�FtE MEADOWS, LLC � <br /> Pursuant to the provi�ions of Section 322B.656, Minnesota Statutes, the <br /> under�igned, being all of the members of the Board of Governors of North Share <br /> Meadows, LLC, a Minnesota limited liability company (the "CQmpany"), do hereby <br /> authorize, consent to and approve the following actions and resolutions by and on <br /> bef�alf of the Bvard of Governors of the Company; <br /> 4RGAWIZATIONAL MATTERS. The Articles of Organization have been filed and <br /> re�orded in the office of the Secretary of State af Minnesota. <br /> APPROVAL OF BYLAWS. The proposed Bylaws for the Company, a copy of which <br /> has b�en filed in the minute bo4k, is hereby approved and adopted as the <br /> Bylaws of the Company. <br /> ELECTI�N OF MANAGERS, The foliowing persons are hereby elected to the <br /> management positions of the Company set opposite their respeGti�e names, <br /> su�h managers to serve until their respective successors are elected and have <br /> qualified: <br /> PresidenUChief Manager Gregg W. Steinhafel <br /> Treasurer Denise E. Steinhafel <br /> Th� President and the Treasurer are hereby respectively designated as the Chief <br /> Manager and Treasurer of the Company. The Treasurer shall be designated as <br /> the Tax Matters Partner within the meaning of Section 6231(a)(7) of the Internal <br /> Revenue Code ofi'1986, as amended, and any successor thereto. <br /> GO�MPANY DEPOSITORY. The following resolutions with respect to the designation of <br /> a depository for the funds of the Company are hereby adopted: <br /> RESOLVED, that the President/Chief Manager and/or Treasurer be and is <br /> hereby directed fio open a bank account with a bank suitable to the banking <br /> needs of the Company chosen by the President/Chief Manager and/or Treasurer; <br /> and <br /> RESOLVED FURTHER, that the resolutions prescribed and fuenished by <br /> such bank for opening the account and for d'esignating the managers to sign <br /> dra�ts and checks thereon and to borrow funds therefrom be and are hereby <br /> adc�pted ar�d made a part of fhe minutes of this meeting. <br /> �,�,a., <br /> � � <br /> EG NkARVN��DSL <br />