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1#0^, <br />*4001, <br />? <br />Thomas C. Jones <br />David L. Lind <br />Thomas P. O'Brien <br />rJ. ..'? <br />; <br />? <br />? <br />25941 Myr':.le Avenue <br />Olmsted Falls, OH 44138 <br />23084 Clifford Drive <br />North Olmsted, OH 44070 <br />23507 Carriage Lane <br />North Olmsted, OH 44070 <br />FIFTH. No part of the net earnings of the Corporation <br />shall inure to the benefit of, or be distribu•t'-able to its <br />members, trustees, officers, or o•'c.her private persons, except <br />that the Corporation shall be authorized and empowered to pay <br />reasonable compensation for services rendered and to make <br />payments and distributions in fur}..herance of the purposes.set <br />forth in Article III hereof. No substantial part of the <br />activities of the Corporation shall be carrying on of propaganda, <br />or otherwise attempting to influence legislation, and the <br />Corporation shall not participate in, or intervene in (including <br />the publishing or distribution of statements) any political <br />campaign on behalf of or ia opposition to any candidate for <br />public office. Notwithstar..ding any other provision of these <br />Articles, the Gorporation shall not carry on any other activities <br />not permitted to be carried on (a) by a corporation exempt f?:om <br />federal income tax under §501(c)(3) of the Internal Revenue Code, <br />or the corresponding section of any future Federal Tax Code, or <br />(b) by a corporation contributions to which are deductible under <br />§170(c)(2) of the Internal Revenue Code, or the corresponding <br />section of any future federal tax code. <br />SIXTH. Upon the dissolution of the Corporation assets <br />shall be distributed for one or more exempt purposes within the <br />meaning of §501(c)(3) of the Internal Revenue Code, or the <br />corresponding section of any future federal tax code, or shall be <br />distributed to the Federal Government, or to a State or local <br />government for a public purpose. Any such assets not so disposed <br />of shall be disposed of by a cou:-t of competent jurisdiction of <br />the county in which the vrincipa; office of t%e Corporation is <br />t%en located, exclusively for such purposss o= to such organiza- <br />tion or organizations as said cou::t shall detarmine, which are <br />organized and operated exmlu.sivelv .for such pirposes. <br />. SM7ENTH. The Eoard pf mLrus:ees shal]. consist of r:ne (9) <br />members.. The following shall be automatic members of the Board <br />of Trustees: (1) The Mayor of the City of North Olmsted or his <br />designee, (2) the Finance Director of the City of North Olmsted <br />or his designee, (3) A designee from the Advisory Board for the <br />Department of Human Resources of the City of North Olmsted, (4) a <br />2 <br />