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Item 4.1 Election of Officers 2024 Request for EDA Board of Commissioners Action DEPARTMENT INFORMATION ORIGINATING DEPARTMENT REQUESTOR: MEETING DATE: Administration Executive Director Flaherty June 24, 2024 PRESENTER(s) REVIEWED BY: ITEM #: Administration 4.1 – Election of Officers STRATEGIC VISION MEETS: THE CITY OF OTSEGO: X Is a strong organization that is committed to leading the community through innovative communication. Has proactively expanded infrastructure to responsibly provide core services. Is committed to delivery of quality emergency service responsive to community needs and expectations in a cost-effective manner. Is a social community with diverse housing, service options, and employment opportunities. Is a distinctive, connected community known for its beauty and natural surroundings. AGENDA ITEM DETAILS RECOMMENDATION: It is recommended that the Board of Commissioners elect officers of the EDA. ARE YOU SEEKING APPROVAL OF A CONTRACT? IS A PUBLIC HEARING REQUIRED? No No BACKGROUND/JUSTIFICATION: Article II (Officers) of the EDA Bylaws outline that the officers of the EDA shall be a President, a Vice-President, a Treasurer, an Assistant Treasurer, and a Secretary. The current bylaws note that the offices of President, Vice-President, and Treasurer shall be members of the Board. SUPPORTING DOCUMENTS ATTACHED: • None POSSIBLE MOTION PLEASE WORD MOTION AS YOU WOULD LIKE IT TO APPEAR IN THE MINUTES: Motion to nominate the following as officers of the City of Otsego Economic Development Authority: ________________ as President ________________ as Vice President ________________ as Treasurer ________________ as Assistant Treasurer ________________ as Secretary BUDGET INFORMATION FUNDING: BUDGETED: N/A N/A