Section 3 Bylaw Amendment

April 19, 2024

The first two paragraphs of Section 3 of the Bylaws are amended with redlines as follows:

 

‘Section 3. Conducting Business of the Board

 

The Management Board consists of not less than nine and not more than thirteen lay members of Foundry United Methodist Church. The Board shall have fiduciary control and management of Foundry United Methodist Church. All members serve a three-year term, subject to any extensions or fulfillment of unexpired terms provided for herein. Board may select full members of Foundry United Methodist Church to temporarily fill vacated seats until there is a Church Conference vote to elect a member to fill the remainder of the term. The temporary appointment shall in no case be for more than one year.

 

Board members generally are eligible to serve up to two consecutive three-year terms, and the firm expectation is that no more than two consecutive three-year terms will be the norm. However, the Board may extend, as necessary to fulfill the Board’s functions and strategies, the eligible term of service of any member of the Board by no longer than three, separately-approved, consecutive one-year terms.  Any member whose term is extended under the preceding sentence shall not serve as an officer of the Board for more than two of such extended one-year terms.  The preceding two sentences shall remain in force and effect until July 1, 2025 and will then expire and be of no effect unless extended by further amendment of these by-laws. Terms of incoming Board members begin, and terms of outgoing Board members expire, at the beginning of the first meeting of the Board year (July-July) and in no case later than 11:59 pm of July 31 of that year. The terms of the initial Board shall be staggered so that one-third of the terms end in one year, one-third end in two years and one-third end in three years. The Board shall choose one of their members as the President to lead the Board. The Board shall choose members to serve as Vice President, Secretary and Treasurer. A Board member may be removed upon 2/3 vote of the Board members when sufficient cause exists for such removal. A Board member may resign by submitting such resignation in writing to the Secretary.’”