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To: All Glenwood Area Chamber of Commerce Member, Notification of By-Law Changes

Notification of By-Laws Changes

To: Glenwood Area Chamber of Commerce Members
From: Linda Washburn, Executive Director

At the Glenwood Area Chamber of Commerce Board of Directors 2017-2018 Chamber Board Retreat, held on September 14th, 2017, the board discussed and has recommended to make the following changes to the Glenwood Area Chamber of Commerce By-Laws to reflect our Fiscal Year to correspond with our Annual Investment Dues Schedule, January through December:

Article VII – BOARD OF DIRECTORS. Section 3. TERM OF OFFICE
Change: Officers and Board Members term of office shall be from October 1 through September 30, which corresponds with the Chamber’s fiscal year to read “Officers and Board Members term of office shall be from January 1 through December 31, which corresponds with the Chamber’s fiscal year”.

Article XII – DEBTS & OBLIGATIONS. Section 4. FISCAL YEAR
Change: The fiscal year of the organization shall be October 1st through September 31st, annually to read “The fiscal year of the organization shall be January 1 through December 31, annually”.

The Glenwood Area Chamber of Commerce By-Laws are available to review in the Chamber Office, 5 N. Vine Street, Glenwood Iowa. These amendments will be approved by the Glenwood Area Chamber of Commerce at the November 16th, 2017 Board of Directors Meeting.

Linda Washburn, Board Secretary/Executive Director