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alternative housing oppor ul"�y t for e men, ^ w'ea'rs a n as a consequence t 1 J e r e o f , e+1 4 i a+1�.� ��i� �T.�� L� � I �yr- ;"+• �. 7 1�� of of fordable single f ami l y hr.-,us ino stuck for +- unIr::, , mcde r a}�e, income families ,, ARTICLE III Duration The existence of the corporation shall be Perpetual . ARTICLE IV registered office The address of the registered office of the co r or a W the state of Minnesota is 2660 Civic Ce n .e r L.r i v e Roseville, ��;tines--a V_ i ARTICLE v Ca ital. Stock The corporation shall not have capita st, y ARTICLE VI Board of Directors; Members The management and direction of the business and affairs of the corporation shall be vested in a board of directors . The directors of the corporation shall consist of and shall be lime_ed to those individuals who from time to time comprise the members cf the city council of the City , elected or appointed in accordance with the charter of the City. A member of the City council , upon ceasing to hold office as such, automatically shall cease to be a director of this corporation. FIis or her successor on the Cit T Council , so long as he or she continues as a member of the c 1 t rr Council , shall become and be a director of this corporation . The powers , authority, and duties of the directors of the corporation , the time and place of their meetings , and such other prow i s i,on w i t I1,-i respect to them as are not inconsistent with the express prowis �ons of these Articles of Incorporation shall be as specified in the bylaws of the corporation. The directors of the corporation sh a l I be the only members of the corporation . Each director of the corporation automatically shall become and be a member of the corporation concurrently with his or her becoming a director , sha [ 1 continue to be a member of the corporation for as long as he or she is a director , and automatically shall cease to be a member of the corporation concurrently with his or her ceasing to be a director of the corporation. Directors shall have voting rights only as directors and shall have no voting rights as members .