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6.03. The Corporation's books are required to be audited by the City's independent <br /> auditor on an annual basis. Cost of the audit will be paid by the Corporation. <br /> ARTICLE VII <br /> PERSONNEL <br /> 7.01. Any full -time or part-time personnel positions that the Corporation may establish <br /> will be subject to the personnel policies of the City. The City Manager has full authority <br /> in personnel matters. <br /> ARTICLE VIII <br /> AMENDMENTS TO BYLAWS <br /> 8.01. The bylaws may be altered, amended, or repealed by the affirmative vote of four <br /> or more members of the Board of Directors with the consent of the City Council of the <br /> City of La Porte, Texas or shall be altered, amended or repealed at the direction of the <br /> City Council of the City of La Porte. <br /> ARTICLE IX <br /> MISCELLANEOUS PROVISIONS <br /> Legal Authorities Governing Construction of Bylaws <br /> 9.01. The bylaws shall be construed in accordance with the laws of the State of Texas. <br /> All references in the bylaws to statutes, regulations, or other sources of legal authority <br /> shall refer to the authorities cited, or their successors, as they may be amended from <br /> time to time. It is expressly provided that the provisions of the Development <br /> Corporation Act of 1979 applicable to corporations governed under Section 4B of that <br /> Act are incorporated within these bylaws by reference. In the event of any conflict <br /> between the applicable provisions of such Act and these bylaws, then the applicable <br /> provisions of such Act shall control. <br /> Legal Construction <br /> 9.02. If any bylaw provision is held to be invalid, illegal or unenforceable in any <br /> respect, the invalidity, illegality or unenforceability shall not affect any other provision <br /> and the bylaws shall be construed as if the invalid, or unenforceable provision had not <br /> been included in the bylaws. <br /> Headings <br /> 9.03. The headings used in the bylaws are used for convenience and shall not be <br /> considered in construing the terms of the bylaws. <br />