Bylaws

ARTICLE II:

PURPOSES AND OBJECTIVES

• To retain and expand El Dorado County’s base of primary employment generation businesses — with emphasis on non-seasonal and non-cyclical industries.
• To promote and encourage within the cities and county of El Dorado, the development of industrial and commercial enterprise.
• To generally assist in the maintenance of a favorable business climate within the borders of El Dorado County.
• To assist and supplement the activities of the various local Chambers of Commerce and other organizations involved in promotional work, through cooperation and coordination.

The primary objective of this corporation is to increase the employment, payroll, business volume, and overall quality of life within El Dorado County.

ARTICLE III

MEMBERS, DIRECTORS, OFFICERS, AND EMPLOYEES

Section 1: GENERAL

a. Management: The business and affairs of the corporation shall be managed by the Board of Directors.

b. Compensation: The corporation shall not compensate their Members, Directors, or Officers by their services as such, however, the Board, by Resolution, may provide for payments to Members, Directors, or Officers to defray actual expenses incurred in pursuit of their corporate responsibilities, and may compensate, at fair market value, services rendered in capacities other than Member, Director, or Officers.