Paju Cultural City Leap... Paju Cultural Foundation Inaugural General Meeting Held

Paju Cultural Foundation Establishment Inaugural General Meeting.

On the 5th, Paju City in Gyeonggi Province held the inaugural general meeting of the Paju Cultural Foundation at the city hall business room, attended by 12 executives including Mayor Kim Kyung-il of Paju, who serves as the chairman of the foundation, the city announced on the 6th.

Since the feasibility study for establishing the foundation, commissioned to the Gyeonggi Research Institute in August last year, was completed in early March, the city has been actively promoting the establishment of the cultural foundation.

After reviews by the City Investment and Contribution Institution Operation Deliberation Committee on March 27 and the Gyeonggi Province Investment and Contribution Institution Operation Deliberation Committee on April 11, the city enacted the ordinance on the establishment and operation of the Paju Cultural Foundation in May to provide a legal basis for the foundation’s establishment, and formed the executive team through a public recruitment in July and August.

At the inaugural general meeting, the progress of the establishment was explained, and 10 agenda items were reviewed and approved, including the adoption of the founding purpose statement, regulations on organization and staffing, the draft articles of incorporation, and the business plans and financial projections for 2024 and 2025.

Going forward, the city plans to complete the establishment procedures such as applying for nonprofit corporation approval and registering the corporation, set up an office on the third floor of the small theater at the Citizen Hall, conduct staff recruitment, and hold the launch ceremony in October.

Mayor Kim Kyung-il of Paju said, “The establishment of the Paju Cultural Foundation will be a turning point for Paju to leap forward as a cultural city,” adding, “Since citizens have high expectations for the Paju Cultural Foundation, we will ensure that the remaining procedures are prepared without any setbacks and support its stable operation.”

This content was produced with the assistance of AI translation services.