As published in the 2008 Goals & Objectives, the By-laws of the Illinois Enterprise Zone Association has been published as follows:

By-laws in pdf format available at the end of this article.

BY-LAWS OF THE ILLINOIS ENTERPRISE ZONE ASSOCIATION

ARTICLE 1 - GENERAL

1.1 NAME. The name of the association shall be the ILLINOIS ENTERPRISE ZONE ASSOCIATION hereinafter referred to as "ASSOCIATION."

1.2 DEFINITION. The ASSOCIATION is a creative coalition of enterprise zone officials, economic development professionals and prominent business leaders organized to promote, strengthen and enhance the Illinois Enterprise Zone Program.

1.3 PURPOSE. The purpose of the ASSOCIATION is to provide a forum for Illinois Enterprise Zone representatives to coordinate, respond to and support the needs, efforts and concerns of individual enterprise zones in Illinois.

1.4 OFFICE OF ASSOCIATION. The office of the ASSOCIATION shall be the office designated by the President of the Board of Directors as the case may be from time to time.

1.5 FISCAL YEAR. The fiscal year of the ASSOCIATION shall begin on the first day of January and end on the thirty-first day of the succeeding December of each twelve-month period.

ARTICLE 2 - MEMBERSHIP

2.1 CATEGORIES OF MEMBERSHIP. The ASSOCIATION shall have two categories of members. The designation of each category and the qualifications of the members of each category shall be as follows:

A. VOTING MEMBERS. A voting Member shall consist of one (1) representative member from each Enterprise Zone where such Enterprise Zone has been created pursuant to the Illinois Enterprise Zone Act as approved by the State of Illinois. Each Enterprise Zone shall have one (1) voting member and one (1) vote.

B. NON-VOTING MEMBERS. A Non-voting Member shall consist of any individual, partnership, corporation or other entity which desires to foster the purpose of the ASSOCIATION. Each nonvoting member does not have any voting privileges on any business brought before the membership or Board of Directors.

2.2 ELECTION OF MEMBERS. Voting and Nonvoting Members shall be approved by a majority vote of the Board of Directors.

2.3 TERMINATION OF MEMBERSHIP. The Board of Directors by affirmative vote of twothirds (2/3) of all Board members present and voting at a regular or special meeting of the Board shall suspend or expel a member for cause after an appropriate hearing, and shall, by a majority vote of those present and voting at a regular or special meeting of the Board, terminate the membership of any member who becomes ineligible for membership, or suspend or expel any member who shall be in default in the payment of dues.

2.4 RESIGNATION. Any member may resign by filing a written resignation with the Secretary, but such resignation shall not relieve the member so resigning of the obligation to pay any dues, assessments or other charges theretofore accrued and unpaid.

2.5 REINSTATEMENT. Upon written request signed by a former member and filed with the Secretary, the Board of Directors may, by the affirmative vote of two-thirds (2/3) of the members of the Board, reinstate such former member to membership under such terms as the Board may deem appropriate.

2.6 DUES. Dues for voting members shall be determined by a majority vote of the Board of Directors and voting at a regular or special meeting. Dues for nonvoting members shall be by structured categories and shall be determined by a majority vote of the membership present and voting at a regular or special meeting. The Board of Directors shall make recommendations on dues changes to the membership prior to any vote by the membership. No voting member shall be entitled to vote or hold office until dues have been paid.

2.7 MEMBERSHIP LIST. It shall be the duty of the member to notify the President of any change in the member representing an enterprise zone in time for proper notice of meetings and events; otherwise, such notice is waived.

ARTICLE 3 - MEETINGS

3.1 REGULAR MEETINGS. Regular meetings of the membership of the ASSOCIATION shall be held on the third Friday of a designated month in each quarter of the fiscal year or as otherwise designated by the President.

3.2 SPECIAL MEETINGS. Special meetings of the membership of the ASSOCIATION for any purpose or purposes may be called by the President or by a majority of the Board of Directors and shall be called by the President or Board of Directors upon request of a majority of the membership of the ASSOCIATION. No business shall be transacted at any special meeting of the membership except as shall be set forth in the notice of the meeting.

3.3 ANNUAL MEETING. The annual meeting of the members of the ASSOCIATION shall be held on such date as set by the Board of Directors.

3.4 PLACES OF MEETINGS. Meetings will be held at the places designated by the President.

3.5 NOTICE OF MEETINGS. Written notice stating the place, day and hour of the meetings, and in the cases of a special meeting, the purpose or purposes for which the meeting is called, shall be delivered or mailed to each member at the last known mailing address of such member not less than ten (10) days prior to regular meetings or five (5) days prior to special meetings.

3.6 QUORUM. A majority of the voting members of the ASSOCIATION shall constitute a quorum. Enterprise Zones may appear and be counted toward the quorum either through their respective representative members or by the proxy of the representative member.

3.7 PROXIES. At all meetings of the membership, any voting member may vote and be counted toward a quorum by proxy executed in writing by the representative member or by his/her authorized attorney-in-fact. Such proxy shall be filed with the Secretary.

IEZA-bylaws-final-as-amended-04-18-2008 25/04/2008,12:03 66.82 Kb