Laserfiche WebLink
may be reimbursed for reasonable expenses incurred in the conduct of the <br />business of the Authority. <br />2. Article ll, Section 5 of the 1999 Amended Agreement shall be amended to read as <br />follows: <br />5. Quorum; Votins. A majority of the Directors shall constitute a <br />quorum for the purpose of the transaction of business relating to the Authority. <br />Each Director, shall be entitled <br />to one vote. Unless otherwise provided herein, a vote of the majority of those <br />present and qualified to vote shall be sufficient for the adoption of any motion, <br />resolution or order and to take any other action deemed appropriate to carry <br />forward the objectives of the Authority. <br />3. fffective Date. This Third Amendment requires the approval of at least two thirds of <br />the members to go into effect, and it shall be effective on the date of approval by a sixteenth <br />member. <br />9 <br />