1999_0111_packet - Laserfiche WebLink

Home

W ARTICLES OF TNCORPORATTON OF ROSEV I LIE LOCAL DEVELOPMENT CORPORATION The undersigned , a natural wers�n of full aqe, for the purpose of forming a corporation: under the pro p•; s i ons of the Minnesota Nonprof-I t corpora t ion Ac L , I statutes Chapter 31 f and lags amendatory thereof and suppiementary thereto, hereby** adopts the following Articles of incorpora t ion. ART ICLE Name The name of the corporation is . ROSE I L.LE r O Ar D7Vr'T. p!`.'�`N T' e--OR L.r)�T-T X ART I L E II Purposes The corporation is organized and shall be operated exclusively for charitable purposes , as such pu r pcses are leoa ! 1 ;. defined; excluding , however , any purpose that is not e clusivel1, charitable within the meaning of sections 170 ( c) ( 21 ) , 801 ( c � ( 3 ) , 2o55 ( a ) ( 2 ) , and 2522 ( a ) ( ) of the internal. Revenue Code of 1986 , as now enacted or hereafter amended the "Code" ) . All references in these Articles of Incorporation to a particular section of the erode shall mean and include , as now enacted or as hereafter amended , such section and any provisions of federal or state law as now aLe or may hereafter be applicable , cognate to such section . The corporation at all times shall be operated , supervised , or controlled by or in connection with , as contemplated by section 509 ( a ) ( 3 ) (B) of the code, the Cit? of Roseville, Minnesota ( the "City" ) , an organization described in section 509 (a) ( 1 ) and 170 (b) ( 1) (A) (v) of the Code. Subject to the foregoing and within the scope and in furtherance of the charitable purposes herein provided , the corporation is organized and shall be operated exclusively f or the benef it of , to perform the f unct ions of , nr t carry out the purposes of the City, as contemplated by section 509 ( a ) ( 30 (A) of the code by directly or indirectly advancing , supporting, promoting, conducting , administering , or engag-i ng in charitable activities , causes , projects , and programs of every kind and nature related or contributing to the care of the aged , the lessening of the burdens of government, the combating of commun ® t rr deterioration, and the promotion of the social welfare through accomplishment of the foregoing . Specifically, but without limitation, the corporation shail facilitate the access of low to moderate income senior citizens of the City to sound , affordable