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r. Ar 4,f- 14 r Jamat B.w"&?.Dy NrjR-R 'k OFFICE'S k 1� A Ft'A% A 'S�% COLE OE8LA2 7 ftszwr X.Bowrs AN-DELE-W 4n N D N I-V C 3 A-%marw B R I U 01 A Bi!cwER R011INT S'"'Pre BRUL-4 t�r,-:,LF -C HAF Brim E.SwiLN50s pliC)FESSIONAL ASSOCIA-rION -S-0S-T 1 rE%M 210.8 Rlry A J.GAxLvnm-J8. JAxzg E.NzLsoN MA-eT E ,4n C.lFou-9SER0 JZROME A E.&F 1. R F-L LLF r J..XcNzr-rr -STIVE A.BELA-St; V SEyWOUIR.Q'R. JOEL H.G0=SX&-'m fL ST -%%�ATIONA.L 13ASE B'UJI-DING FX- Alciff F.RoTx-%-v KAiLry L.Wm-E J220o FIR Tsuinvce N.DoYLS Aj-4-m-H.HAc LLN S.&;-L Y RicnAim R.K-r" Jzrr",r F.Szuw :7,.&vi 1) L.:. hf F Jowo L-Dzv.xrr IMArrzirw L.Lrvi-rT SAJ-NT PAUL, MI-N-NESOTA 55101 �Rb3�'�14or,-T]Roz,rA=LL SORT-3;SON DAviD G.Gne.E.%iNo -PALI 31 fl.Sz= DLvm B.SaYD R o.5 1E L -�7: JOSEP311 F NQ&CH TELEPHONE 012 2 91-I'""Un ALYN R-r N- :.E EN H'.- 7R-3LIN *:Ji I N RapuLD E.OiRcn.&Rp CHARLE5 R.RAY OR J0 W-C T DOT E 33 A3.rm n r�L X-Bo,,-D TELECOPIER 012 J!22--1071 VAH LY�L 1i R-v-F.2 F...V1 1, STZPHL-.%(WrMCK TimoTzT P.FLAnim--T Avnox L.Gouwpi HAirrum El.Fj s i Jons R.KE.-mricill R0BX2T J.PILL=z -'is LELELS F. W&BEEN k IE �iA Err M P'r R--,F 7.4 TmawA,q A.L&Rsom JOEL)c BULTE.XA D,L711D J.SFMqcE1t JAaC It 5 0-1UT V DANI Z L J.COLE.J9. R3cnA-im R.MAirrr-r 1,NvCJ-.0 -G TEE Z pou-%j E:-H Fi Em o r 14FRYL AL. DouGL&s L.Saojq Timum J.HA, EEE. 130W=N, HOTM-S.-N' SHARE KEVT.S-k LN T 7-1 r MICTACL H-JE-RONFIVIt'S MAxy L.LppeLr LIEVITT, PAL HACIZOE39 &Sam7 DiLvirs JAAzs A.Vas E J.PAT*1ciK McDjL';-TTT - RDiN rm L.ML-K S E N F, R- January 22 , 1988 EA.%d Via Messen Ft F'h 1 1! 'k LAJRr%i F Rty Mr. Craig A. Waldron R T Ry City of Roseville 2660 Civic Center Drive Rosevi lle, MN 55113 lle Local Development Corpora ion Re: Rosev i Dear Mr. Waldron : I am writing to you pursuant to our discussion earlier week regarding the Roseville Local Development- corporation , 11� I f respect to your questions regardinq liability of dire-ctors o 9 1-0 1- nonprofit corporation, I refer yo" to Minn. Stat. §317 . 20-1 , a cony of which is enclosed for your reference. As you can see , sub]ec-, - at o to certain exceptions , a director of a nonprofit torpor serving without compensation cannot be held civilly liable for i his or her actions , so long as such actions were n good fait-h ., within the scope of responsibilities r and do not const ittute '.,ail-1- f u l or reckless misconduct. You also expressed some concern regarding the language used in the Purposes clause of Article ii of the Articles of Incorpora- 4 "but tion. Specifically, you questioned the use of the language without limitation" appearing in the second paragraph of Article III The Purposes provisions of the Articles were drafted in a manner that sets forth the general purposes of the corporation, but at the same time, provides some flexibility to allow the corporation to achieve its objectives . A corporation may exercise only those powers which are expressly granted to it in the incorp- oration documents . By giving the corporation broad, flexible powers $ the corporation avoids potential claims by third parties who claim that the actions of the corporation are not authorized . you should also note that in Roseville Local Development Corpora- tion' s situation, the Board of Directors exercises the ultimate authority to run the corporation. Therefore, regardless of what authority is granted in the Articles of Incorporationp the 22,70 MN WO-RTD TRADE CENTER 2200 FIRST NATIONAL BA-SE RI'lLni-Na U1400 1'D N NT F H SAINT PAVL.MINN'ESOTA 55101 SAI-ST FAL'L, 4p%NESDTA IN01 A