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HomeMy WebLinkAbout1997-04-10 LF Regular Meeting MinutesMINUTES PALM DESERT LIBRARY FOUNDATION MEETING THURSDAY, APRIL 10, 1997 CIVIC CENTER COUNCIL CHAMBER * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * I. CALL TO ORDER President Kelly convened the meeting at 4:00 p.m. H. ROLL CALL Present: Vice President Jean M. Benson Member Buford A. Crites (arrived at 4:08 p.m.) Member Walter H. Snyder Member Robert A. Spiegel President Richard S. Kelly Also Present: Ramon A. Diaz, City Manager David J. Erwin, City Attorney Sheila R. Gilligan, Director of Community Affairs/City Clerk Richard J. Folkers, ACM/Director of Public Works John Wohlmuth, ACM/Director of Administrative Services Carlos L. Ortega, Redevelopment Agency Executive Director Pat Conlon, Director of Building and Safety Phil Drell, Director of Community Development Paul S. Gibson, Director of Finance HI. ORAL COMMUNICATIONS Environmental Conservation Manager Lisa Constande addressed Council as President -Elect of Soroptimist International of Palm Desert and presented a check to the Foundation in the amount of $10,000. She stated that this was the first installation of $50,000 which Soroptimist International of Palm Desert had committed to raise in support of the Children's Story Room at the Library. MINUTES REGULAR PALM DESERT LIBRARY FOUNDATION MEETING APRIL 10, 1997 * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * IV. CONSENT CALENDAR None V. NEW BUSINESS A. ELECTION OF CHAIRMAN, VICE CHAIRMAN, AND OFFICERS. Mrs. Gilligan declared the offices vacant and invited nominations. Member Spiegel moved to, by Minute Motion, direct that these positions be determined in the same manner as officers are determined for the Redevelopment Agency, with the Mayor serving as President, Mayor Pro Tempore serving as Vice President, etc. Motion was seconded by Member Snyder and carried by unanimous vote. B. REQUEST FOR APPROVAL OF AMENDED AND RESTATED BYLAWS. Member Snyder moved to, by Minute Motion, approve the bylaws as amended and restated. Motion was seconded by Vice President Benson and carried by unanimous vote. C. REQUEST FOR DETERMINATION OF THE SPECIFIC PURPOSES AND OBJECTIVES OF THE CORPORATION. Mr. Erwin stated that specific purposes and objectives were set forth in the bylaws. Member Spiegel moved to, by Minute Motion, approve the specific purposes and objectives as presented. Motion was seconded by Vice President Benson and carried by unanimous vote. D. REQUEST FOR APPROVAL OF BUDGET GOALS. Mr. Gibson reviewed his memorandum dated April 10, 1997, outlining the budgets for Fiscal Years 1996/97, 1997/98, and 1998/99. He noted that the current year showed the $10,000 contribution from Soroptimist and said this would basically be the only revenue coming in, and this would be used for the purchase of books, materials, etc. for the Library. Member Spiegel noted that the Foundation was created in order to have the ability to accept funds such as the $10,000 contributed by Soroptimist International of Palm Desert and would not be to run the Library. He stated that the budget for 1996/97 was $12,100, 1997/98 would be $17,200, and 1998/99 would be $22,500. He added that these were the objectives that the Board hoped to be able to accomplish through organizations in the City like Soroptimist. Member Spiegel moved to, by Minute Motion, approve the budget and its goals as presented by staff. Motion was seconded by Vice President Benson and carried by unanimous vote. 2 MINUTES REGULAR PALM DESERT LIBRARY FOUNDATION MEETING APRIL 10, 1997 * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * E. CONSIDERATION OF THE SELECTION OF A CORPORATE SEAL. Mrs. Gilligan stated that staff was requesting that no action be taken on this matter at this time as it had been determined it was not necessary to have a corporate seal at this time. VI. ADJOURNMENT Upon motion by Member Spiegel, second by Member Snyder, and unanimous vote of the Library Foundation Board, President Kelly adjourned the meeting at 4:12 p.m. ATTEST: /SHEILA R. GILLI6AN, SEC RY TO THE PALM DESERT LIBRARY F ATION 4k,1-41 CHARD S. ICELLY, PR 3 BYLAWS OF PALM DESERT LIBRARY FOUNDATION a California Nonprofit Public Benefit Corporation TABLE OF CONTENTS Page 1. OFFICES 1 1. 1. Principal Office 1 1. 2 . Change of Address 1 2 . PURPOSES AND LIMITATIONS 1 2 . 1. General Purposes 1 2 . 2 . Specific Purposes 1 2 . 3 . Limitations 1 3 . MEMBERS 2 3 . 1. Members Prohibited 2 3 . 2 . Effect of Prohibition 2 4 . DIRECTORS 2 4 . 1. Powers 4 .1.1. General Corporate Powers 2 4. 1.2. Specific Powers 2 4 . 2 . Number 3 4 . 3 . Restriction on Interested Persons as Directors 3 4 .4 . Terms of Office 3 4 . 5. Election 3 4 . 6. Compensation 3 4 . 7 . Meetings 4 4 . 7 . 1. Place of Meetings 4 4 .7 .2 . Date and Time of Meetings 4 4 .7 .2 . 1. Annual Meeting 4 4 .7 .2 .2 . Other Regular Meetings . . . 4 4 . 7. 2 . 3 . Special Meetings 4 4 .7 . 3 . Waiver of Notice 4 4 .7.4. Meetings by Telephone 5 4 .7.5. Quorum 5 4 .7.6. Transactions of Board of Directors 5 4 .7 .7 . Conduct of Meetings 5 4.7 .8. Adjournment 6 4 . 8 . Action Without Meeting 6 4 . 9 . Removal of Directors 6 4 . 9. 1. Removal for Cause 6 4 .9.2 . Removal Without Cause 6 4 . 10. Resignation of a Director 6 4 . 10. Vacancies in the Board of Directors 7 4 . 11. 1. Causes 7 4 . 11. 2 . Filling Vacancies by Members of the Board of Directors 7 4 . 11. 3 . No Vacancy on Reduction of Number of Directors 7 SA J 79794 -1- 0) n r n tt H H 1-1 H t0 co J 01 U1 n H tli l0k.0 0300O0300 Jn 01 C\ H cn °Icn ntn 0n coj ti • 0 • • zz 0 N F-' Z Ul 'P W N H nO 1-' 1 N.) 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(D . • • • M G 5 . • . 1-}4 UI • Cua M • 0 • • H • • 11 • G x1 • . . • tli (D F.'. • • 0 N. • • M • , a (D x5rt M n • M . . n• . n • • • • • G • . 1-i (D • • P- O •• • H • • k 11 • . . • rt • • • H • CD • ri Ha m t4 • • 1I rt n o o I • • H IF-1H (-' 1--' HI-4I-1I•-' HF-' I-4I-11-1 W NNN F•' 1-31-1I-' OO 00 000l010k0 10k0t0l00000 03 JJJJJ BYLAWS OF PALM DESERT LIBRARY FOUNDATION a California Nonprofit Public Benefit Corporation ARTICLE I 1. OFFICES. 1. 1. Principal Office. The principal office for the transaction of the activities and affairs of this Corporation shall be located in the City of Palm Desert and County of Riverside, California, at 73-510 Fred Waring Drive, Palm Desert, California 92260, or such other place as the Board of Directors may, from time to time, designate in the manner provided herein. 1. 2 . Change of Address. The Board of Directors is hereby granted full power and authority to change the principal office of the Corporation from one location to another within the City of Palm Desert and County of Riverside, California. Any such change shall be noted by the Secretary in these Bylaws, but shall not be considered an amendment of these Bylaws. ARTICLE II 2 . PURPOSES AND LIMITATIONS. 2 . 1. General Purposes. This Corporation has been formed under the California Nonprofit Public Benefit Corporation law for public and charitable purposes described herein at Section 2 .2 . No part of the activities of the Corporation shall consist of the publication or dissemination of materials with the purpose of attempting to influence legislation, and the Corporation shall not participate or intervene in any political campaign on behalf of any candidate for public office or for, or against, any cause or measure being submitted to the people for vote. The Corporation shall not engage in any activities or exercise any powers that are not in furtherance of the purposes described herein. 2 . 2 . Specific Purposes. The primary purpose and objective of this Corporation is to help maintain a library for the benefit of the people of the City of Palm Desert by raising funds and making distributions to a library that qualifies as an exempt organization under 501 (c) of the Internal Revenue Code of 1954 . (or the corresponding provision of any -future United States Internal Revenue Law) . 2 . 3 . Limitations. The properties and assets of this Corporation are irrevocably dedicated to charitable purposes. No part of the net income, properties, or assets of this Corporation, on dissolution or otherwise, shall inure to the benefit of any director, officer or member of the Corporation or to the benefit of any private person. On liquidation or dissolution, all properties, assets and obligations remaining after payment, or provision for payment, of all debts and liabilities of the Corporation shall be distributed to a nonprofit fund, foundation or corporation which is organized and operated exclusively for charitable purposes and which has established its tax-exempt status of Section 501 (c) (3) of the Internal Revenue Code (or the corresponding provision of any future United States Internal Revenue Law) . ARTICLE III 3 . MEMBERS. 3 . 1 . Members Prohibited. The Corporation shall have no members. 3 . 2 . Effect of Prohibition. Any action which would otherwise require approval by a majority of all members or approval by the members shall require approval only by the Board of Directors. All rights which would otherwise vest in the members shall vest in the Board of Directors. ARTICLE IV 4 . DIRECTORS. 4 . 1. Powers. 4 . 1. 1. General Corporate Powers. Subject to the provisions and limitations of the California Nonprofit Public Benefit Corporation Law and any other applicable laws, the Corporation's activities and affairs shall be managed, and all corporate powers shall be exercised, by or under the direction of the Board of Directors. 4 . 1. 2 . Specific Powers. Without prejudice to the general powers set forth in Section 4. 1. 1 of these Bylaws, but subject to the same limitations, the Board of Directors shall have the power to: 4 . 1. 2 . 1. Appoint and remove, at the pleasure of the Board of Directors, all of the Corporation's officers, agents, and employees; prescribe powers and duties for them that are consistent with law, with the Articles of Incorporation, and with these Bylaws; and fix their compensation and require from them security for faithful performance of their duties. 4 . 1.2 .2. Change the principal office or the principal business office in California from one location to another; cause the Corporation to be qualified to conduct its SAJ79794 -2- activities in any other state, territory, dependency, or country and conduct its activities within or outside California. 4 . 1. 2 . 3 . Borrow money and incur indebtedness on behalf of the Corporation and cause to be executed and delivered for the Corporation's purposes, in the corporate name, promissory notes, bonds, debentures, deeds of trust, mortgages, pledges, hypothecations, and other evidences of debt and securities. 4 . 1.2 . 4 . Adopt and use a corporate seal, and alter the form of the seal. 4 . 2 . Number. The Board of Directors shall consist of seven (7) directors until changed by amendment to these Bylaws. 4 . 3 . Restriction on Interested Persons as Directors. No more than forty-nine percent (49%) of the persons serving on the Board of Directors may be interested persons. An interested person is (a) any person compensated by the Corporation for services rendered to it within the previous twelve (12) months, whether as a full- time cr part-time employee, independent contractor, or otherwise, excluding any reasonable compensation paid to a director as director; and (b) any brother, sister, ancestor, descendant, spouse, brother-in-law, sister-in-law, son-in-law, daughter-in-law, mother-in-law, or father-in-law of such person. However, any violation of the provisions of this paragraph shall not affect the validity or enforceability of any transaction entered into by the Corporation. 4 . 4 . Terms of Office. Each director appointed, including a director appointed to fill a vacancy, shall hold office until such director' s successor is appointed and qualifies under Section 4 . 3 of these Bylaws, or for one (1) year, whichever occurs first. 4 . 5. Appointments. The Incorporator of the Corporation shall appoint the first persons to serve as the initial Board of Directors. Thereafter, the Board of Directors shall be appointed by the City Council of the City of Palm Desert. Directors shall be. eligible for reappointment without limitation on the number of terms they may serve, provided they continue to meet the Qualifications required by Section 4 . 3 of these Bylaws. 4 . 6. Compensation. The directors shall serve without compensation. 4 . 7 . Meetings. 4 . 7 . 1. Place of Meetings. Meetings of the Board of Directors shall be held at the principal office of the Corporation as specified in Section 1. 1 of these Bylaws or as changed from time to time as provided in Section 1.2 of these Bylaws or at such location designated by the Board of Directors. Meetings of the Board of Directors shall not be held at a location outside of the city limits of Palm Desert, California. SAJ79794 -3- location designated by the Board of Directors . Meetings of the Board of Directors shall not be held at a location outside of the city limits of Palm Desert, California. 4 . 7 . 2 . Date and Time of Meetings . 4 . 7 .2 . 1 . Annual Meeting. The annual meeting of the Board of Directors shall be held at the principal office of the Corporation on the second Thursday of January of each year. The meeting shall be conducted for purposes of organization, appointing officers and transaction of other business . Notice of this meeting to the Board of Directors is not required. 4 . 7 .2 .2 . Other Regular Meetings . Other regular meetings of the Board of Directors shall be held at such time and days, and with such frequency, as may be established from time to time by a resolution of the Board of Directors . Notice of such meetings to the Board of Directors is not required. 4 . 7 .2 .3 . Special Meetings . Upon written request to the President or Secretary of the Corporation, a special meeting of the Board of Directors may be called by the Chairman of the Board or a majority of the Board. Special meetings shall be held on four (4) days notice by first-class mail, postage prepaid, or on forty- eight (48) hours notice delivered personally. All such notices shall be given or sent to the director' s address or telephone number as shown on the records of the Corporation. The notice shall state the time, place and business to be conducted at the meeting. Only that business listed in the notice shall be discussed at the meeting. 4 . 7 . 3 . Waiver of Notice. Notice of a meeting need not be given to any director who, either before or after the meeting, signs a waiver of notice, a written consent to the holding of the meeting, or an approval of the minutes of the meeting. The waiver of notice or consent need not specify the purpose of the meeting. All such waivers, consents, and approvals shall be filed with the corporate records or made a part of the minutes of the meetings . Notice of a meeting need not be given to any director who attends the meeting and does not protest, before or at the commencement of the meeting, the lack of notice to him or her. 4 . 7 . 4 . Quorum. A majority of the authorized number of members of the Board of Directors constitutes a quorum of the Board of Directors for the transaction of business, except as hereinafter provided. 4 . 7 . 5 . Transactions of Board of Directors . Except as otherwise provided in the Articles, in these Bylaws, or by law, every act or decision done or made by a majority of the members of the Board of Directors present at a duly held meeting at which a quorum is present is the act of the Board of Directors, subject to SAJ95530 -4- 4 . 8 . 4 . 2. Each director is provided with the means of participating in all matters before the Board of Directors, including the capacity to propose, or to interpose an objection, to a specific action taken by the Corporation; and 4 . 8.4. 3 . The Corporation adopts and implements some means of verifying that (1) a director communicating by telephone, electronic video screen, or other communication equipment is a director entitled to participate in the board meeting and (2) all statements, questions, actions or votes were made by that director and not by another person not permitted to participate as a director. 4 . 7 . 5. Quorum. A majority of the authorized number of members of the Board of Directors constitutes a quorum of the Board of Directors for the transaction of business, except as hereinafter provided. 4 . 7 . 6. Transactions of Board of Directors. Except as otherwise provided in the Articles, in these Bylaws, or by law, every act or decision done or made by a majority of the members of the Board of Directors present at a duly held meeting at which a quorum is present is the act of the Board of Directors, subject to the more stringent provisions of the California Nonprofit Public Benefit Corporation Law, including, without limitation, those provisions relating to (a) approval of contracts or transactions in which a director has a direct or indirect material financial interest, (b) approval of certain transactions between corporations having common directorships, (c) creation of and appointments to committees of the board, and (d) indemnification of directors. Any meeting at which a quorum is initially present may continue to transact business notwithstanding the withdrawal of directors, if any action taken or decision made is approved by at least a majority of the required quorum for such meeting, or such greater number as is required by the law, the Articles, or these Bylaws. 4 . 7 . 7 . Conduct of Meetings. Any member of the Board of Directors selected by the directors present, shall preside at meetings of the Board of Directors. The Secretary of the Corporation or, in the Secretary's absence, any person appointed by the presiding officer, shall act as Secretary of the Board of Directors. 4 . 7 . 8 . Adjournment. A majority of the directors present, whether or not a quorum is present, may adjourn any meeting to another time and place. Notice of an adjourned meeting need not be given unless the original meeting is adjourned for more than twenty-four (24) hours. If the original meeting is adjourned for more than twenty-four (24) hours, notice of any adjournment to another time or place shall be given prior to the time of the adjourned meeting to the directors who were not present at the time of the adjournment, in accordance with the procedures set forth in these Bylaws for providing notice of meetings. SAJ79794 -5- 4 .8 . Action Without Meeting. Any action that the Board of Directors is required or permitted to take may be taken without a meeting if all members of the Board of Directors consent in writing to the action; provided, however, that the consent of any director who has a material financial interest in a transaction to which the Corporation is a party and who is an "interested director" as defined in Section 5233 of the California Corporations Code shall not be required for approval of that transaction. Such action by written consent shall have the same force and effect as any other validly approved action of the Board of Directors. All such consents shall be filed with the minutes of the proceedings of the Board of Directors. 4 .9 . Removal of Directors. 4 . 9 . 1. Removal for Cause. The Board of Directors may remove a director for cause upon the occurrence of any of the following events: 4 . 9. 1. 1. A director has been declared of unsound mind by a final court order; 4 . 9 . 1.2. A director has been convicted of a felony; or 4 .9. 1.3 . A director has been found by final order or judgment of any court to have breached a duty under Article 3 of Chapter 2 of the California Nonprofit Public Benefit Corporation Law. 4 . 9 . 2 . Removal Without Cause. Any director may be removed at any time, without cause, if such removal is approved by a majority of the Board of Directors then in office. 4 . 10. Resignation of a Director. Except as otherwise provided by law, any director may resign by giving written notice of resignation, to the President, or the Secretary of the Corporation. The resignation shall be effective when the notice is given unless it specifies a later time for the resignation to become effective. If the resignation is effective at a future time, a successor may be elected to take office when the resignation becomes effective. Except on notice to the Attorney General of California, no director may resign if the Corporation would be left without a duly elected Director or Directors. 4 . 11. Vacancies in the Board of Directors. 4 . 11. 1. Causes. A vacancy shall exist on the occurrence of the following: (1) the death, resignation, or removal of any director, (2) when the number of authorized directors is increased, or (3) on the failure of the Board of Directors, in any election, to elect the full number of Directors authorized. SA J 79794 -6- 4 . 11. 2 . Filling Vacancies. Except as otherwise provided in the Articles or these Bylaws, vacancies on the Board of Directors may be filled by approval of the Board of Directors, or, if the number of members of the Board of Directors then in office is less than a quorum, by (1) the unanimous written consent of the Directors then in office; (2) the affirmative vote of a majority of the Directors then in office at a meeting held pursuant to notice or waivers of notice as provided in these Bylaws; or (3) a sole remaining Director. 4 . 11. 3 . No Vacancy on Reduction of Number of Directors. No reduction of the authorized number of Directors shall have the effect of removing any Director before that Director's term of office expires. ARTICLE V 5. OFFICERS. 5. 1. Number and Titles. The officers of the Corporation shall be a President, a Secretary, a Chief Financial Officer, and such other officers with such titles and duties as shall be stated in these Bylaws or determined by the Board of Directors and as may be necessary to enable it to sign instruments. Any number of offices may be held by the same person, except that neither the Secretary nor the Chief Financial Officer shall serve concurrently as the President. 5.2 . Appointment. The officers shall be chosen annually by and serve at the pleasure of the Board of Directors, subject to the rights, if any, of an officer under any written contract of employment. 5. 3 . Duties of Officers. 5. 3 . 1. President. The President shall be the general manager and chief executive officer of the Corporation and shall, subject to the control of the Board of Directors, have supervision, direction, and control of the activities, affairs and officers of the Corporation. Such officer shall preside as Chairman at all meetings of the Board of Directors. Such officer shall perform all duties incident to the office of President and such other duties as may be required by law, by the Articles of Incorporation of the Corporation, or by these Bylaws, or which may be prescribed, from time to time, by the Board of Directors. 5. 3 .2 . Vice President. There may be one Executive Vice President, and one or more other vice presidents, as determined by the Board. In the absence or disability of the President, the President's duties and responsibilities shall be carried out by the highest-ranking available vice president, which shall be the Executive Vice President, if any, or if none and there are two or more unranked vice presidents, by a vice president designated by SA J 79794 -7- the Board of Directors. When so acting, a vice president shall have all the powers of and be subject to all restrictions on the President. The vice presidents shall have such other powers and perform such other duties as prescribed by the Bylaws or assigned from time to time by the Board of Directors. 5. 3 . 3 . Secretary. The Secretary shall keep or cause to be kept, at the principal office of the Corporation or such other place as the Board of Directors may order, a copy of the Articles of Incorporation and Bylaws, as amended to date, and a book of minutes of all meetings, proceedings, and actions of the Board of Directors. The minutes of meetings shall include the time and place that the meeting was held, whether the meeting was annual, regular, or special, and, if special, how authorized, the notice given, and the names of those present at Board and committee meetings. The Secretary shall keep a record of the addresses of each director and shall give or cause to be given, notice of all of the Board of Directors' meetings as required to be given. The Secretary shall perform such other and further duties as may be required by law or as may be prescribed or required from time to time by the Board of Directors. 5. 3 . 4 . Chief Financial Officer. 5. 3 .4 . 1. The Chief Financial Officer ("CFO") of the Corporation shall serve as the "treasurer" of the Corporation and shall keep and maintain in written form adequate and correct books and records of account of the properties, and business transactions of the Corporation, including accounts of its assets, liabilities, receipts, disbursements, gains, and losses. The CFO shall send or cause to be given to the directors such financial statements and reports as are required to be given by law, by these Bylaws, or by the Board of Directors. The books and records of account shall at all times be open to inspection by any director at all reasonable times. 5. 3 . 4.2. The CFO shall deposit all monies and other valuables in the name and to the credit of the Corporation with such depositaries as may be designated by the Board of Directors. The CFO shall disburse the funds of the Corporation as ordered by the Board of Directors, and shall render to the President and the Board of Directors, on request, an account of all such officer's transactions as CFO, and of the financial condition of the Corporation. The CFO shall perform such other and further duties as may be required by law or as may be prescribed or required from time to time by the Board of Directors or these Bylaws. 5. 3 .4 .3 . If required by the Board of Directors, the CFO shall give the Corporation a—bond in the amount and with the surety or sureties specified by the Board of Directors for faithful performance of the duties of the office and for restoration to the Corporation of all of its books, papers, vouchers, money and other property of every kind in possession or under the control of the SA J 79794 -8- CFO on his or her death, resignation, retirement or removal from office. 5. 4 . Subordinate Officers. Any subordinate officers appointed by the Board of Directors pursuant to Section 4 . 1. 2 . 1 of these Bylaws shall hold office for such period, have such authority and perform such duties as may, from time to time, be determined by the Board of Directors. 5. 5. Resignation of Officers. Any officer may resign at any time by giving written notice to the Corporation. The resignation shall take effect as of the date the notice is received or at any later time specified in the notice and, unless otherwise specified in the notice, the resignation need not be accepted to be effective. Any resignation shall be without prejudice to the rights, if any, of the Corporation under any contract to which the officer is a party. 5. 6 Removal of Officers. Without prejudice to any rights of an officer under any contract of employment, any officer may be removed with or without cause at any meeting of the Board of Directors by the affirmative vote of a majority of all of the Directors. 5.7 Filling Vacancies in Office. A vacancy in any office because of death, resignation, removal, disqualification, or any other cause shall be filled in the manner prescribed in these Bylaws for regular appointments to that office, provided, however, that vacancies need not be filled on an annual basis. ARTICLE VI 6. INDEMNIFICATION OF DIRECTORS, OFFICERS, EMPLOYEES AND OTHER AGENTS 6 . 1. Indemnification. 6. 1. 1. Right of Indemnity. To the fullest extent. permitted by law, this Corporation shall indemnify its directors, officers, employees, and other persons described in Section 5238 (a) of the California Corporations Code, including persons formerly occupying any such position, against all expenses, judgments, fines, settlements and other amounts actually and reasonably incurred by them in connection with any "proceeding, " as that term is used in that Section, and including an action by or in the right of the Corporation, by reason of.the fact that the person is or was a person described in that Section. "Expenses, " as used in this bylaw, shall have the same meaning as in Section 5238 (a) of the California Corporations Code. 6. 1. 2 . Approval of Indemnity. On written request to the Board of Directors by any person seeking indemnification under Section 5238 (b) or Section 5238 (c) of the California Corporations Code, the Board shall promptly determine under Section 5238 (e) of SAJ79794 -9- the California Corporations Code whether the applicable standard of conduct set forth in Section 5238 (b) or Section 5238 (c) has been met and, if so, the Board shall authorize indemnification. 6. 1. 3 . Advancement of Expenses. To the fullest extent permitted by law and except as otherwise determined by the Board of Directors in a specific instance, expenses incurred by a person seeking indemnification under Sections 6. 1. 1 and 6. 1. 2 of these Bylaws in defending any proceeding covered by those Sections shall be advanced by the Corporation before final disposition of the proceeding, on receipt by the Corporation of an undertaking by or on behalf of that person that the advance will be repaid unless it is ultimately determined that the person is entitled to be indemnified by the Corporation for those expenses. 6.2 . Insurance. The Corporation shall have the right to purchase and maintain insurance to the full extent permitted by law on behalf of its directors, officers, employees, and other agents, against any liability asserted against or incurred by any officer, director, employee, or agent in such capacity or arising out of the officer's, director's, employee's, or agent's status as such. ARTICLE VII 7 . COMMITTEES. 7 . 1. Establishment. At the sole discretion of the Board of Directors, committees shall be established as the Board deems necessary and appropriate. The Board cannot, however, delegate the powers listed in Corporations Code Section 5212 (a) (1) -(8) to any committee. If any committee is to have any non-director committee members, it is not a "committee of the Board, " and it should be clearly labeled an "advisory committee. " ARTICLE VIII 8 . RECORDS AND REPORTS. 8 . 1. Maintenance of Corporate Records. The Corporation shall keep: (1) Adequate and correct books and records of account; and (2) Written minutes of the proceedings of its Board of Directors and committees of the Board. 8 .2 . Maintenance of Articles and Bylaws. The Corporation shall keep at its principal office the original or a copy of the Articles of Incorporation and Bylaws, as amended to date. 8 . 3 . Inspection by Directors. Every director shall have the absolute right at any reasonable Time to inspect the Corporation's books, records and documents of every kind. The inspection may be made in person or by the Director's agent or attorney. The right of inspection includes the right to copy and make extracts of documents. SA J 79794 -10- 8 . 4 . Annual Report. The Board of Directors shall cause an annual report to be sent to all members of the Board of Directors not later than one hundred twenty (120) days after the close of the Corporation's fiscal year. The report shall be accompanied by any report from an independent accountant, or if there is no such report, the certificate of an authorized officer of the Corporation that such statements were prepared without audit from the books and records of the Corporation. The report shall contain the following information, in appropriate detail, for the fiscal year: 8.4 . 1. The assets and liabilities, including the trust funds, of the Corporation as of the end of the fiscal year; 8 . 4 . 2 . The principal changes in assets and liabilities including trust funds; 8 . 4 . 3 . The revenue or receipts of the corporation, both unrestricted and restricted to particular purposes; and 8 . 4. 4 . The expenses and disbursements of the Corporation for both general and restricted purposes. 8 . 5. Annual Statement of Certain Transactions and Indemnifications. As a separate document if no annual report is issued, the Corporation shall annually prepare and mail or deliver to each director a statement of any transaction or indemnification of the following kind within one hundred twenty (120) days after the end of the Corporation's fiscal year: 8. 5. 1. Any transaction (i) in which the Corporation was a party, (ii) in which an "interested person" had a direct or indirect material financial interest, and (iii) which involved more than $50, 000, or was one of a number of transactions with the same interested person involving, in the aggregate, more than $50, 000. For this purpose, an "interested person" is any director or officer of the Corporation. 8 . 5. 2 . Any indemnifications or advances aggregating more than $10, 000 paid during the fiscal year to any officer or director of the Corporation under Article VI of these Bylaws. ARTICLE IX 9 . AMENDMENTS. 9. 1. Amendment of Articles of Incorporation. Unless otherwise provided under California Corporations Code Section 5110 et seq. , amendments to the Articles of Incorporation may be adopted if approved by the Board of Directors. An amendment to the Articles of Incorporation shall be effective as of the date that the appropriate certificate of amendment is filed with the Secretary of State. SAJ79794 -11- 9.2 . Amendment of Bylaws. Except as otherwise required by law or by the Articles of Incorporation, these Bylaws may be amended or repealed, and new Bylaws may be adopted by the Board of Directors. SAJ 79794 -12- CERTIFICATE OF SECRETARY OF PALM DESERT LIBRARY FOUNDATION a California Nonprofit Public Benefit Corporation I hereby certify that I am the duly elected and acting Secretary of said Corporation and that the foregoing Bylaws, comprising eleven (11) pages, excluding this page, constitute the Bylaws of said Corporation as duly adopted at a meeting of the Board of Directors thereof held on April 10 , 1997. Dated: ,^/�// , 199 7 ,� �,- -tip Secre SA J 79794 -13-