Statutes

1. With the name "Vereinigung Bellevue und Stadelhofen" an association exists, organised as a corporation with registered office in Zurich, in accordance with Article 60 ff of the Swiss Civil Code.

The purpose of the Association is to maintain and promote the attractiveness of the Bellevue and Stadelhofen urban district as a visitor-friendly business location, by joint advertising, working together with the relevant authorities on general and urban development issues, in particular with regard to transport links. The Association can also take part in projects that pursue these purposes.

2. The Bellevue and Stadelhofen Association is open to all individuals and businesses that are active in the Zurich city district of Bellevue and Stadelhofen or the surrounding area, have their registered office or place of residence there, or are owners of property there.

2.1. Admission
Admission to the Association requires written application to the Administrative Board and is decided by resolution of the Administrative Board. Admission may be refused without stating a reason. By applying to become a member, applicants agree to abide by the Statutes.

2.2. Resignation
Members may resign with effect at the end of a calendar year by notifying the Administrative Board in writing by the end of July.

2.3. Expulsion
The Administrative Board shall decide on the expulsion of a member. The expelled member may contest the expulsion in writing within 30 days, whereon the final decision shall be taken by the General Assembly.

3. Contributions
The annual membership fee is:
CHF 300.00 for shops, businesses, etc.
CHF 1,000.00 for property owners, larger companies, etc.
The membership fee is due for payment within 30 days of receipt of invoice.

4. Organs of the Association are:

• the General Assembly
• the Administrative Board
• the Auditors

5. The General Assembly
The General Assembly is the governing body of the Association.
The ordinary General Assembly shall be held annually in the first quarter.

The invitation by the Administrative Board shall be issued at least 10 days before the date of the General Assembly along with the agenda.

Extraordinary General Assembly:
Extraordinary meetings of the Association shall be convened by resolution of the Administrative Board or when one fifth of the membership request such a meeting.

5.1. Chair and minutes
Chair of the General Meeting shall be the President of the Association, or the Vice President if the President is unable to attend. Minutes shall be kept of the proceedings.

5.2. Participation and voting rights
Each member of the Association shall be entitled to participate in the General Assembly and shall have one vote.

5.3. Resolutions
The General Assembly shall pass its resolutions by a simple majority of the votes cast. For elections, an absolute majority shall apply, whereby blank and invalid votes shall not count for the calculation of an absolute majority. The President may also vote. In the event of a tie, the President shall have a casting vote, whereas tied elections are decided by drawing lots.

5.4. Powers
The General Assembly shall have the following powers:

• Elect the Administrative Board and the Auditors for a term of two years;
• Approve the report of activities, the annual accounts and the budget;
• Set the membership fees;
• Issue regulations;
• Modify the Statutes and dissolve the Association. Dissolution shall require a two-thirds majority of the members present.

6. Administrative Board
Composition and organisation:
The Administrative Board shall consist of 5 to 12 members who are elected by the General Assembly for a term of two years. It is the executive body of the Association, represents it internally and externally and manages the finances. The President shall be elected by the General Assembly, but the Administrative Board shall otherwise determine its own composition. It shall designate one member as Treasurer, who shall also act as Vice President. A member of the Administrative Board shall be entrusted with the management of the Association, who shall be proposed by the Administrative Board and elected at the General Assembly.

7. Office Management
Management of the office shall be entrusted to a qualified person who shall operate his office in the catchment area of the Association.
The registered office of the Association is at the address of this office.

8. Auditors
The General Assembly shall elect two auditors for a period of two years. They shall examine the bookkeeping and cash management and submit a written report to the General Assembly.

9. Remuneration
The Office Manager and Treasurer are compensated for their activities. The other members of the Administrative Board work on an honorary basis.

10. The financial resources of the Association consist of:

• Annual fees paid by members
• Income from the Association's assets
• Third-party donations

Only the financial resources of the Association are liable for settling the obligations of the Association.

11. Annual accounts
The accounts are closed on 31 December of each year.

12. Notices to members of the Association shall be made in writing (letter, fax, email).

13. Dissolving the Association
The Association may be dissolved by a General Assembly expressly convened for this purpose. Dissolution requires the attendance at this General Assembly of at least two thirds of all members and the approval of two thirds of the members present. If the General Assembly fails to meet with a quorum, dissolution may be finally determined at a second General Assembly held at least 30 days later, provided two thirds of those present vote in favour. In the event of a dissolution, the General Assembly shall decide on the use of any available funds. Liquidation shall be carried out by the Administrative Board.

14. These Statutes shall enter into force upon their adoption. They may be amended by a General Assembly attended by at least two thirds of the members and by approval of two thirds of the members present.

The present Statutes of the Association were adopted at the General Meeting of 22 March 2001 and later amended in accordance with a resolution at the General Meeting of 20 June 2005. These replaced the former statutes originally adopted at the General Meeting of 29 March 1994