Bylaws of City of La Porte Health Facilities Development Corporation

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~ 1 (rte C.t` % %, SP,~"~ q~~, • .z C' r /` additional duties as may be prescribed at any time and from time to time by the board of directors. The treasurer shall render to the president and directors an account of all such person's transactions as treasurer and of the financial condition of the Issuer whenever they may request the same. SECTION 3.6. Assistant Secretar The. assistant secretary shall in the event of the absence or disability of the secretary for any cause whatever, discharge the duties of the secretary, and the assistant secretary shall perform such additional duties as may be prescribed at any time and from time to time by the board of directors. ARTICLE IV MISCELLANEOUS SECTION 4.1. Fiscal Year. The fiscal year of the Issuer shall be the period determined by resolution of the board of directors from time to time. SECTION 4.2. Principal Office. The principal office of the Issuer, at which all books and records of the Issuer shall be kept, shall be La Porte Texas. • SECTION 4.3. Seal. The official seal of the Issuer shall consist of a five-pointed star surrounded by two concentric circles, the outer circle hearing the name "City of La Porte Health Facilities Development Corporation" and the inner circle bearing the word "TEXAS", and such seal. may be impressed, printed or attached to any instrument authorized by the board of directors, - but such seal shall not be necessary to the proper execution by the officers of the Issuer of any such instrument unless otherwise specified by the board of directors. SECTION 4.4. Financial Report. At the first meeting following each anniversary date of the issuance of the certificate of incorporation of the Issuer by the Secretary of State the board of directors shall have pre- pared a full and clear statement of the business and condition of the Issuer. ARTICLE V AMEND"TENTS SECTION 5.1. Amendments. These bylaws may be altered, amended or repealed, and new bylaws may be adopted, by the affirmative vote by a majority of the directors of the Issuer present at any meeting of the board of direc- tors at which a quorum is present, provided that notice of the proposed alteration, amendment, repeal or adoption is contained in the notice of such meeting, and provided further that each such alteration, amendment, repeal or • -5-