ITEM TITLE:
Discussion Item: Article of Incorporation Outline Review
SUBMITTED BY: Elise Sorum-Birk, Deputy City Clerk
FISCAL NOTES:
Expenditure Required: n/a
Unencumbered Balance: n/a
Funding Source: n/a
RECOMMENDATION:
n/a
SUMMARY STATEMENT:
The intent of this discussion will be to review the rough outline for draft Articles of Incorporation. Each article of the draft document will be discussed by the group in an interactive way to brainstorm pros and cons for each component and ensure that the scope appropriately captures the intent and opinions of the group.
Additional notes on organizational considerations including examples of names and purposes from other destination marketing organizations have been provided by Chair Stephens.
Article 2 of the Alaska Non-Profit Corporation Act (AS 10.20.146-166) which outlines required components for Articles of Incorporation and process for formation of a corporation is attached for reference as well.