BY-LAWS

of the

FORT WORTH

PUBLIC IMPROVEMENT DISTRICT #6

 ADVISORY BOARD

Qualification. Membership in the Advisory Board of Directors is limited to property owners within the PID 6. The Advisory Board shall consist of seven persons, each representing and residing within one of the seven districts in PID 6.

Delinquency.  No person may be appointed as a director if any assessment against the lot is more than thirty days delinquent at the time of the appointment, provided he or she has been given notice of the delinquency and a reasonable opportunity to cure it.

Appointment.  Applications for appointment on the Board shall be solicited by the management company from property owners within each of the seven districts where a vacancy exists or where an appointee’s term is to expire, and shall be forwarded to the City of Fort Worth by 1 September of each year. Directors will be appointed by the City of Fort Worth for any vacant seat.

Number and Term. To maintain staggered terms, at the appointment to be made in October of 2008, the three directors residing in even numbered districts shall be appointed for a term of two years, and the four directors residing in odd numbered districts shall be appointed for a term of one year. Thereafter, all terms shall be for two years. When a director’s term expires, he or she may be appointed again for another term.

Vacancies.  Vacancies on the Board caused by any reason will be filled by an interim appointment made by the City of Fort Worth . The Advisory Board shall make a recommendation to the City of Fort Worth regarding such interim appointment. Each director so appointed shall serve until the next 1 September appointments are made.

Removal of Director. The PID-6 Advisory Board of Directors will report to the City PID Administrator any knowledge of excessive absences, conflict of interest, criminal behavior or other information relating to members of the PID-6 Board or management company officials that might be cause for removal.    

Management Company. The PID-6 Advisory Board of Directors will report to the City PID Administrator any failure to perform, conflict of interest, or other information relating to the PID that might be cause for removal.    

Quorum. At meetings of the Advisory Board, 5 of the 7 existing directors constitutes a quorum for the transaction of business, and the acts of the 5 of 7 directors present at a meeting at which a quorum is present are the acts of the Advisory Board.

Officers. Officers for the Advisory Board shall be the following: President, Vice President, and Secretary. Officer positions shall be elected by the Advisory Board each year at the first organizational Advisory Board meeting held following appointments made by the City of Fort Worth . Terms of officer positions shall be one year. There is no limit to the number of terms an officer may serve in the same position, provided they are so elected by the Advisory Board.