First Amendment to SCEDO Members Agreement 02-28-2023FIRST AMENDMENT
to the
SALINA COMMUNITY ECONOMIC DEVELOPMENT ORGANIZATION, INC.
MEMBERS AGREEMENT
among
CITY OF SALINA, KANSAS;
BOARD OF COUNTY COMMISSIONERS OF SALINE COUNTY, KANSAS;
SALINA AIRPORT AUTHORITY;
and
SALINA AREA CHAMBER OF COMMERCE
This First Amendment to the November 17 , 2015 Salina Community Economic
Development Organization, Inc. Members Agreement (the "First Amendment") dated effective
February a_, 2023 is entered into among the City of Salina, Kansas, a Kansas municipal
corporation, ("City"); the Board of County Commissioners of Saline County, Kansas
("County"); the Salina Airport Authority, a public corporation established pursuant to K.S .A.
27-317, et seq., ("Authority"); and the Salina Area Chamber of Commerce, a Kansas not-for-
profit corporation, ("Chamber"); collectively referred to as the "Members."
Recitals
A. The Members entered the November 17, 2015, Salina Community Economic
Development Organization, Inc. Members Agreement (the "Agreement") to form and maintain the
Salina Community Economic Development Organization ("SCEDO") while acknowledging that
local economic vitality and the resulting quality employment opportunities are critical to the
health, safety, and welfare of the Salina area community.
B. The Agreement details the roles and responsibilities to be performed by the
SCEDO, including Section 14.3 Audit regarding the SCEDO's financial reporting responsibilities.
C. Section 23 Amendment of the Agreement provides that the Members may amend
the Agreement from time to time upon the unanimous approval of all the Members.
D. The Members have determined that amending Section 14.3 Audit of the Agreement
will better define SCEDO 's financial reporting responsibilities.
THE MEMBERS, therefore, agree and approve the following:
1. Amendment: Section 14.3. Audit is amended to provide as follows:
14.3. Audit. The Corporation shall annually have prepared by a certified public
accountant and shall submit to the Members either a review or an audit of its financial
statements prepared in accordance with the standards established by the American Institute
of Certified Public Accountants (AICP A). The Board shall annually determine whether a
review or an audit is to be prepared either (a) based on what is required by law, by any
Member, or by any other source of funding accepted by the Corporation; or (b) if not
determined under (a), then at the discretion of the Board.
,.
2. Other Terms. All terms and conditions of the Agreement, except as amended by
this Amendment, are ratified and shall remain in full force and effect.
3. Authorized signatories. Each signatory executing this Agreement does thereby
represent and warrant to the other parties that the signatory has been duly authorized to deliver this
Agreement in the capacity and for the entity for which the signatory acts.
IN WITNESS WHEREOF, each of the Members, by its duly authorized representative,
has executed this Agreement on the date shown below the representative's signature.
Attest:
Attest:
Attest:
Lo=~urer
BOARD~F COUNTY COMMISSIONERS
OF~ CO Nl:V, KANSAS
l{Ui;JC
Robert V~dricksen II, Chairman
Date: d .... ;;_g ... 2-3
K~er, {loizct Chairman
Date: ~ 115 'ZtJz 7j
SALINA AREA CHAMBER OF COMMERCE
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