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04-075CITY OF SHOREWOOD RESOLUTION NO. 04 - 075 A RESOULTION APPROVING AMENDMENTS TO SECTIONS 4.06 AND 15.01 OF THE BY-LAWS OF THE SHOREWOOD PARKS FOUNDATION WHEREAS, the Shorewood Parks Foundation may amend its By -Laws from time to time; and WHEREAS, the Foundation's Board of Directors are proposing amendments in Sections 4.06 and 15.01 of its By -Laws; and WHEREAS, Section 15.01 of the Foundation's By -Laws lists Sections 4.06 and 15.01 as ones which may be amended only by approval through Resolution of the Shorewood City Council; and WHEREAS, the City Council has reviewed and given its consideration to the proposed amendments, which would: 1) remove the requirement that directors be appointed by Shorewood City Council, and 2) remove that section of the by-laws as one whose amendment requires approval by the City Council; and WHEREAS, the City Council believes that such an amendment is satisfactory and is • consistent with the purposes of the Foundation; NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Shorewood that it approves the amendments to Sections 4.06 and 15.01 of the By -Laws of the Shorewood Parks Foundation, as proposed by its Board of Directors. ADOPTED BY THE CITY COUNCIL OF THE CITY OF SHORE D this 13th day of September, 2004. Woody Love, Mayor ATTEST: rk 0