(A) The seven public Directors shall serve as Incorporators, and shall prepare articles of InCorporation in appropriate form for filing with the Secretary of the State under the Acts of 1921, chapter 246; which articles of incorporation shall include all provisions required by this subchapter and such other provisions as may be necessary or appropriate for the governance and regulation of the affairs and business of the Corporation.
(B) The Incorporators shall submit such articles of incorporation to the Common Council of the city for its approval. Upon approval of the articles of incorporation, the Incorporators shall execute and file such articles of incorporation with the Secretary of the State in the manner provided by law.
(C) The fees required by law in connection with the organization of such Corporation shall be paid from funds appropriated to the department of development and planning.
('74 Code, § 2-89)
(D) Any proposed amendment to the articles of incorporation, approved by the board of directors and members of the Corporation in such manner as may be prescribed by law, shall be approved by resolution to the Common Council of the city prior to submission of any such amendment to the secretary of state. ('74 Code, § 2-90)
(Ord. G-25-75, - -75)