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F:\MGMTSERV\SHARED\BONDING\MPC\Agendas & Minutes\Complete Agenda Packets\December 2021\Election of Officers 2022.docx 12/09/21 MUNICIPAL PROPERTY CORPORATION 2022 Proposed Election of Officers It has been the practice of the board to rotate the officers in the following manner: President becomes Director Vice President becomes Secretary/Treasurer Secretary/Treasurer becomes President Director becomes Vice President 2021 Proposed 2022 President Kurt Johansen Jay London Vice President Shannon Wilson Victor Napolitano Secretary/Treasurer Jay London Shannon Wilson Director Victor Napolitano Ed Salanga Director Ed Salanga Kurt Johansen Motion: Move to approve the election of officers as follows: President, Vice President, Secretary/Treasurer, Director, Director,