By-Laws of the Urban Renewal


Section 1.

Name of the Authority


Section 2.

Seal of the Authority

The seal of the Authority shall be in the form of a circle and shall bear the words “URBAN RENEWAL AUTHORITY, COLORADO SPRINGS”, as sealed on the margin hereof.

Section 3.

Office of Authority

The office of the Authority shall be at such place in the City of Colorado Springs, State of Colorado, as the Authority may from time to time designate by resolution.


Section 1.


The officers of the Authority shall be a Chairman and a Vice Chairman. The Authority may appoint a Secretary, who shall be Executive Director; however, the creation of the office of the Secretary/Executive Director and the appointment of a Secretary/Executive Director is not mandatory. The Authority may create or abolish such position from time to time, at its discretion.

Section 2.


The Chairman shall preside at all meeting of the Authority. Except as otherwise authorized by resolution of the Authority, the Chairman shall sign all contracts, deeds, and other instruments made by the Authority. At each meeting, the Chairman shall submit such recommendations and information as he may consider proper concerning the business, affairs and policies of the Authority.

Section 3.

Vice Chairman

The Vice Chairman shall perform the duties of the Chairman in the absence or incapacity of the Chairman; and in the case of the resignation or death of the Chairman, the Vice Chairman shall perform such duties as are imposed on the Chairman until such time as the Authority shall select a new Chairman.

Section 4.



This Section 4 shall apply only where the Authority maintains the office of Secretary/Executive Director. The Secretary shall be the Executive Director of the Authority and, as such, shall have general supervision over the administration of its business and affairs, subject to the direction of the Authority. He shall be charged with the management of the projects of the Authority. The Secretary shall keep the records of the Authority, shall act as Secretary of the meetings of the Authority and record all votes, and shall keep a record of the proceedings of the Authority in a journal of proceedings to be kept for such purpose, and shall perform all duties incident to his office. He shall keep in safe custody the seal of the Authority and shall have the power to affix such seal to all contracts and instruments authorized to be executed by the Authority. He shall have the care and custody of all funds of the Authority and shall deposit the same in the name of the Authority in such bank or banks as the Authority may select. The Secretary shall sign all orders and checks for the payment of money and shall pay out and disburse such moneys under the direction of the Authority. Except as otherwise authorized by resolution of the Authority, all such orders and checks shall be countersigned by the Chairman. He shall keep regular books of accounts showing receipts and expenditures and shall render to the Authority, at each regular meeting (or more often, when requested) an account of his transactions and also of the financial condition of the Authority. He shall give such bond for the faithful performance of his duties as the Authority may designate. The compensation of the Secretary shall be determined by the Authority, provided that a temporary appointee selected from among the Commissioners of the Authority shall serve without compensation (other than the payment of necessary expenses). Such temporary appointee, in the absence of the Secretary, or during a vacancy in the office of Secretary, may serve as Secretary Pro-Tem.

Section 5.

Additional Duties

The officers of the Authority shall perform such other duties and functions as may from time to time be required by the Authority or the By-Laws or rules and regulations of the Authority.

Section 6.

Election or Appointment


The Chairman and Vice Chairman shall be elected by ballot at the annual meeting of the Authority from among the Commissioners of the Authority, and shall hold office for one year or until their successors are elected and qualified.

The Secretary shall be appointed by the Authority. Any person appointed to fill the office of Secretary or any vacancy therein shall have such term as the Authority fixes, but no Commissioner of the Authority shall be eligible to this office except as a temporary appointee.

Section 7.


Should the office of Chairman or Vice Chairman become vacant, the Authority shall elect a successor from its membership at the next regular meeting, and such election shall be for the unexpired term of said office. When the office of Secretary becomes vacant, the Authority shall appoint a successor, as aforesaid.

Section 8.

Additional Personnel

The Authority may from time to time employ such personnel as it deems necessary to exercise its powers, duties and functions as prescribed by “The Urban Renewal Authorities Law” of Colorado, and all other laws of the State of Colorado applicable thereto. The selection and compensation of such personnel (including the Secretary) shall be determined by the Authority subject to the laws of the State of Colorado.


Section 1.

Annual Meeting

The annual meeting of the Authority shall be held at the regularly scheduled monthly meeting of the Authority in April, at the regular meeting place of the Authority. In the event such date shall fall on a Saturday, Sunday or a legal holiday, the annual meeting shall be held on the next succeeding secular day.

Section 2.

Regular Meeting

Regular meetings may be held without notice at such times and places as may from time to time be determined by resolution of the Authority.

Section 3.

Special Meeting


The Chairman of the Authority may, when he deems it expedient, and shall, upon the written request of two members of the Authority, call a special meeting of the Authority for the purpose of transacting any business designated in the call. The call for a special meeting may be delivered to each member of the Authority or may be mailed to the business or home address of each member of the Authority at least two days prior to the date of such special meting. At such special meeting no business shall be considered other than as designated in the call, but if all of the members of the Authority are present at a special meeting, any and all business may be transacted at such special meeting.

Section 4.


The powers of the Authority shall be vested in the Commissioners thereof in office from time to time. A majority of Commissioners shall constitute a quorum for the purpose of conducting its business and exercising its powers and for all other purposes, but a smaller number may adjourn from time to time until a quorum is obtained. When a quorum is in attendance, action may be taken by the Authority upon a vote of a majority of the Commissioners present.

Section 5.

Order of Business

At the regular meetings of the Authority the following shall be the order of business:

1. Roll call;

2. Reading and approval of the Minutes of the previous meeting;

3. Bills and communications;

4. Reports of the Secretary;

5. Reports of Committees;

6. Unfinished business;

7. New business; and

8. Adjournment.

All resolutions shall be in writing and shall be copied in the official Minute Book or Journal of the proceedings of the Authority.

Section 6.

Manner of Voting

The voting on all questions coming before the Authority shall be by roll call, and the ayes and nays shall be entered upon the Minutes of such meeting, except on the election of officers which may be by ballot.


Amendments to By-Laws

The By-Laws of the Authority shall be amended only with approval of a majority of the members of the Authority at a regular or special meeting, but no such amendment shall be adopted unless at least seven days written notice thereof has been previously given to all of the members of the Authority.