San Leandro Downtown Association

“1.1Full Membership. Any business that has a storefront within the Downtown Core and holds a San Leandro Business License may become Full Members by virtue of paying their Full Membership Dues.1.2Associate Membership. Any business that has a business address within the City of San Leandro and holds a San Leandro Business License may become an Associate Member of the SLDA by virtue of paying the Associate Membership Dues as determined from time to time by the Board of Directors and approval by a vote of the Board of Directors. Said Associate Member shall have limited voting privileges.1.3 Individual Membership. Individuals may become an Individual Member of the SLDA by virtue of paying the Individual Membership Dues as determined from time to time by the Board of Directors and approval by a vote of the Board of Directors. Said Individual Member shall have limited voting privileges.”

“The Directors and Officers as described shall be elected in November of each year at the Annual Membership Meeting as prescribed in Article IV, Section 2. Members are to be notified in October of the same year of the upcoming election. The President shall appoint a nominating committee consisting of three Full Members. The nominating committee shall prepare a slate of candidates and publish it before the November meeting. At the October meeting the names of the nominees shall be announced and members in good standing may make nominations from the floor. If an office has only one nominee, the office shall be considered to be filled by unanimous vote. Should there be more than one nominee for any position, it shall be filled by a majority secret ballot vote of the members present. The elections shall be conducted by members in good standing who have been appointed by the President.”

“The Board of Directors shall have the authority to conduct the business of the Association and shall abide by the provisions required by a non-profit association.Any action taken by the Board without a meeting shall have the same force as if taken at a regular Board Meeting, provided the action is ratified by a simple majority vote at the next regularly scheduled Board meeting and the action is incorporated in written minutes of the proceedings.”

“The financial report shall be available for review by the membership of the SLDA.”

“The Treasurer shall keep complete financial records of the SLDA. These records shall be available at all times to the Board. The Treasurer shall be responsible for having a balance sheet prepared after the close of the fiscal year as prescribed in Article VIII, Section 2.The Treasurer shall keep complete financial records of the SLDA. These records shall be available at all times to the Board. The Treasurer shall be responsible for having a balance sheet prepared after the close of the fiscal year as prescribed in Article VIII, Section 2.No later than three (3) months after the close of each fiscal year, the Treasurer shall prepare:A.Balance sheets showing in reasonable detail the financial condition of the Association at the close of the fiscal year.B.A statement of the revenue sources and application of funds showing the results of the operation of the SLDA during the fiscal year.The financial report shall be available for review by the membership of the SLDA.”