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RE 02-14-84 RESOLUTION NO. 021484 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COPPELL, TEXAS, AUTHORIZING AND APPROVING AN AMENDMENT TO THE BYLAWS OF COPPELL INDUSTRIAL DEVELOPMENT CORPORATION AND APPOINTING AN ADDITIONAL DIRECTOR WHEREAS, the Board of Directors of COPPELL INDUSTRIAL ~DEVELOPMENT CORPORATION (the "Corporation"), has adopted its initial Bylaws of the Corporation, as contemplated by the Development Corporation Act of 1979, as amended (the "Act"); and WHEREAS, the City Council of the City of Coppell has considered and approved the Bylaws of the Corporation; and WHEREAS, in accordance with the authority vested in the City Council of the City of Coppell, Texas, pursuant to the Act, the City Council desires to increase the number of the directors on the Board of Directors (the "Board") of the Corporation from five to six; and WHEREAS, the City Council desires to effect the increase ia the number of directors of the Board by amending the Corporation's Bylaws; and WHEREAS, the City Council desires to appoint an additional director to the Board; and WHEREAS, the City Council by this Resolution hereby amends the Corporation's Bylaws and appoints the new director specified herein to the Board; and WHEREAS, the meeting at which this Resolution is considered is open to the public as required by law, and public notice of time, place and purpose of said meeting was given as required by Article 6252-17, Vernon's Texas Civil Statutes, as amended; NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF COPPELL, TEXAS: Section 1. That the findings and declarations contained in the preambles to this Resolution are hereby repeated and incorporated herein as part of this Resolution. Section 2. That the City Council hereby amends Section 2.1 of the Bylaws of the Corporation to read as follows: Section 2.]. Powers~ Number and Term of Office. The Board of Directors shall exercise all of the powers of the Corporation, subject to the restrictions imposed by law, the Articles of Incorporation and these Bylaws. The Board of Directors shall consist of six fi';c directors, each of whom shall be appointed by the Governing Body and shall serve for a term of three years, except the director appointed by the Governing Body by its resolution adopted February, 14 , 1984, who shall serve for the earlier of six yearst~r until his or her successor is appointed by the Governing Body. The directors constituting the first Board of Directors shall be those directors named in the Articles of Incorporation, each of whom, as well as any subsequent directors, shall serve for the earlier of six years or until his or her successor is appointed by the Governing Body; provided that, if any director shall at any time also be a member of the Governing Body, then the term of such director shall never exceed the period for which such director is a member of the Governing Body. Any director may be removed from office, by the Governing Body, for cause or at will. Any vacancies occurring in the Board of Directors shall be filled by appointment by the Governing Body. Section 3. That the City Council hereby appoints, Jay Stanley Turner, who is hereby found to be a qualified elector of the City, to serve as a member of the Board of the Corporation, such member to serve for a term of six years or until a successor is appointed by the City Council. Section 4. That this Resolution shall take effect immediately from and after its adoption. PASSED AND APPROVED this /~L~'~- day of ~,~e~. ., 1984. or, City of Coppell,'Texas ATTEST: Ufty Secretary, (~ity of Coppell, Texas [SEAL] 0239Y --2-- MINUTES AND CERTIFICATION PERTAINING TO PASSAGE OF A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COPPELL, TEXAS, AUTHORIZING AND APPROVING AN AMENDMENT TO THE BYLAWS OF THE COPPELL INDUSTRIAL DEVELOPMENT CORPORATION AND APPOINTING AN ADDITIONAL DIRECTOR THE STATE OF TEXAS § CITY OF COPPELL § On this the 14th day of February, 1984, the City Council of the City of Coppell, Texas convened in Reg~[r Meeting at the regular meeting place thereof in the City Hall, the meeting being open to the public and notice of said meeting, giving the date, place and subject thereof, having been posted as prescribed by Article 6252-17, V.A.T.C.S., as amended, and the roll was called of the duly constituted officers and members of the City Council, which officers and members are as follows, to-wit: Andy Brown, Mayor Dale Ware ) Dorothy Timmons, City Secretary Glen White ) Lou Duggan ) Councilmembers Orville Mayo ) Bunny Thompson ) and all of said persons were present, except the following absentees: none , thus constituting a quorum. Whereupon, among other business, the following was transacted, to-wit: A written Resolution bearing the following caption was introduced: A Resolution of the City Council of the City of CoppeD, Texas, Authorizing and Approving an amendment to the Bylaws of Coppell Industrial Development Corporation and appointing an additional director. The Resolution, a full, true and correct copy of which is attached hereto, was read and reviewed by the City Council Thereupon, it was moved by Councilmember ~)o.~O~L~.--~/ and seconded by Councilmember ~,~.~$e-~.~ that the ResolutiofiT~e finally passed and adopted. The Mayor put the +notion to a vote of the members of the City Council, and the Resolution was finally passed and approved by the following vote: AYES: NOES: The Mayor then declared the Resolution passed and approved, and signed the same in the presence of the City Council. MINUTES APPROVED AND CERTIFIED TO BE TRUE AND CORRECT, and to correctly reflect the duly constituted officers and members of the City Counci! of said City, and the attached and following copy of said Resolution is hereby certified to be a true and correct copy of an official copy thereof on file among the official records of the City, all on this ,~.~e_/~.~ /~/, 1984. / Mdyor, City of Coppell, TeXas ~,TTEST: Secretary,yty of Co~pell, Texas [SEAL] 0239Y -2-