Visit Aurora Inc

“Article iv directors, section 1, powers of the board: added c. To propose candidates for board membership. . Article iv directors, section 1, powers of the board: added to d. To properly record and store meeting minutes. . Article iv directors, section 2, number, qualifications, and term of the board of directors: changed the number and term of voting members, identified honorary non-voting members, and added the requirement to be either a resident of, business owner of, or be employed by an aurora based business. . Article iv directors, section 5, regular meeting: removed the requirement to conduct business according to robert rule of order. . Article v officers and board of directors, section 1, officers: established a 3-year term for officers plus 1 additional year if needed. Terms may not exceed 4 consecutive years. . Article v officers and board of directors, section 1, election of officers: set the initial terms for officers following adoption of the amended by- laws and set the requirement that any candidate must have served on the board of directors for 1-year. . Article v officers and board of directors, section 3, resignation of officers: clarified that any officer who no longer qualifies as a director of the corporation is required to resign. . Article v officers and board of directors, section 6, conflict of interest: added "the board and key employees shall disclose annually, in writing, any interests that could give rise to conflicts, and the board shall regularly and consistently monitor and enforce compliance." . Article vi committees, section 1, executive committee: added d. The executive committee meeting minutes shall be kept by the secretary and also stored in the visit aurora office. . Article vi committees, section 2, nomination and election committee: was eliminated together with any references to such committee. Subsequent numbering of sections was adjusted. . Article vi committees, section 4, board development committee: removed responsibility to oversee orientation of new board members. . Article vii chief executive officer, section 4, preparation of planning documents: modified the due date for the annual budget to no later than november 1 and added the marketing plan to be due no later than april 1 of each year. . Article ix liability, section 1 general liability: added requirement for the corporation to maintain director and officer liability insurance. . Addendum 1 visit aurora board of directors: modified the suggested board representation, established that the mayor of the city of aurora will appoint two employees and one council member to the board, restated the minimum of nine and maximum of twenty voting board members, and identified who are non-voting members.”

“The chief executive officer and the director of accounting review the return. The draft is then reviewed by the executive committee and then presented as a recommended action to the full board.”

“The ceo compensation is established by the board of directors performance and evaluation (compensation) committee by review of the following factors: 1.the initially contracted compensation and terms as established using comparable compensation studies and form 990s of similarly sized organizations. 2.merit increases and bonuses are based on the annual year-end review of the organization's goals and accomplishments. Final recommendations of the committee are approved by the board of the directors prior to implementation.”

“UPON REQUEST”