BL 1996-08-12 CRDC
Corporations Section
P.O. BOle 13697
AJ.1stin. Texas 78711-3697
Antonio o. Garza, Jr.
Secretary of State
Office of the Secretary of State
AUG 1 6 19%
August 12, 1996
NICHOLS JACKSON DILLARD HAGER & SMITH
ATTN: PETER SMITH
500 NORTH AKARD, 1800 LINCOLN PLAZA
DALLAS, TEXAS 75201
RE: COPPELL ECONOMIC DEVELOPMENT CORPORATION
CHARTER NUMBER: 1410842-01
The following instrument has been filed in this office:
ARTICLES OF INCORPORATION.
Enclosed is a copy of this instrument for your files. Receipt of your remittance in payment of the
filing fee is acknowledged by this letter. Should you require further information or assistance,
please call (512) 463-5583.
Very truly yours,
UJvN-- L00Jvr~
V~rn2 ~;y assdcrf
Deputy Assistant Secretary
Statutory Filings Division
c: enclosure
RR
Come visit our new home on the Internet @ http://www.sos.state.tx.us/
(512) 463-5555 FAX (512) 463-5709 TDD (800) 735-2989
The Office of the Secretary of Stale does not discriminate on the basis of race, color, national origin. sex, religion. age or disability in employment or the provision of services.
" . .....=-~~.~.."'-----~-_..........._..... ..--;.~..-.--..,""..."..,._.
Wqc ~tatc of Wcxas
SECRETARY OF STATE
CER1'IFICATE OF INCORPORATION
OF
COPPELL ECONOMIC DEVELOPMENT CORPORATION
CHARTER NUMBER 01410842-01
The undersigned, as Secretary of State of Texas, hereby certifies that Articles of
Incorporation for the above corporation, duly signed pursuant to the provisions of the
Development Corporation Act of 1979, have been received in this office and are found to
conform to law.
ACCORDINGLY, the undersigned, as such Secretary of State, and by virtue of the
authority vested in the Secretary by law, hereby issues this Certificate of Incorporation and
attaches hereto a copy of the Articles of Incorporation.
Dated:
July 26, 1996
RR
'-0'0\-.
Antonio O. Garza, Jr.
Secretary of State
RESOLUTION NO. 0 ?Jl3 C/t. /
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COPPELL,
TEXAS, AUTHORIZING INCORPORATION OF THE COPPELL
ECONOMIC DEVELOPMENT CORPORATION; APPROVING THE
FORM OF ARTICLES OF INCORPORATION FOR THE
CORPORATION; AUTHORIZING THE INCORPORATORS TO
FORWARD THE ARTICLES TO THE SECRETARY OF STATE; AND
PROVIDING AN EFFECTIVE DATE.
BE IS RESOLVED BY THE CITY COUNCIL OF THE CITY OF COPPELL,
TEXAS:
SECTION 1. That the City Council of the City of Coppell, Texas, hereby fmds and
determines that it is advisable that the Coppell Economic Development Corporation be authorized
and created under the provisions of the Section 4B of the Development Corporation Act of 1979,
Article 5190.6, Vernon's Revised Civil Statutes, as amended.
SECTION 2. That the Articles of Incorporation for the Corporation, a true copy of which
is attached hereto as Exhibit "A" and are made part hereof for all purposes, be, and the same is
hereby, approved for organizing the Corporation.
SECTION 3. That Don B. Munson, Jim Witt, and Clay Phillips be, and are hereby,
authorized to act as the Incorporators of the Corporation and to file the Articles of Incorporation of
the Corporation with the Secretary of State of Texas in the manner provided by law.
SECTION 4. That the City Council specifically authorized the Corporation by this
resolution to act on its behalf to further the public purposes stated in the Articles, such purposes
being those recited in the election ballot submitted to and approved by the voters of the City of
SS1554
......-.-..-..,. ._""._"lI>.""_
Coppell on May 4, 1996 to authorize the levy of an additional ~ of 1 percent sales and use tax to be
used for the purposes authorized by Section 4B, Article 5190.6.
SECTION 5. That this resolution shall take effect immediately from and after its passage,
and it is accordingly so resolved.
DULY PASSED by the City Council of the City of Coppell, Texas, this
, 1996.
APPROVED:
cJ~
TOM MORTON, MAYOR
APPROVED AS TO FORM:
C73~!j I~ '-
...1 --L!/
. J.:: ~v-f1JJ-Fu
PETER G. SMITH, CITY ATTORNEY
(pGS/ttl 7/11/96)
r
ATTEST:
~<~
~ ~
LIND GRAD, CI S CRETARY
2
uI
,;Z..> oay of
SSI554
.........._h. .-.
ARTICLES OF INCORPORATION
OF
COPPELL ECONONUC DEVELOPMENT CORPORAtION
JUt 2 61q9f~
"'.. '\,:. .,
We, the undersigned natural persons over the age of eighteen (18) and qualified electors of
the City of Coppell, Texas acting as incorporators, adopt the following Articles of Incorporation of
the Coppell Economic Development Corporation.
ARTICLE I
NAME
The name of the corporation is Coppell Economic Development Corporation.
ARTICLE II
STATUS
The Corporation is a non-profit corporation. The Corporation is a non-stock corporation
and has no members.
ARTICLE ill
DURATION
The period of its duration is perpetual.
ARTICLE IV
PURPOSES
The purpose or purposes for which the Corporation is organized and may issue bonds is for
any purpose authorized by Section 4B, Article 5190.6, Vernon's Revised Civil Statutes, as
amended, the Development Corporation Act of 1979, but limited to, the construction and
88539
- 1 -
. ._.....---,.;.--
de:velopment of an all-season aquatic facility, a community multi-purpose recreation facility, a new
athletic complex, and the first phase of a hike and bike trail system and may contract with other
existing private corporations to carry out industrial development programs consistent with the
purposes and duties as set out in the Development Corporation Act of 1979.
ARTICLE V
REGISTERED OFFICE/AGENT
The street address of the initial registered office of the Corporation is c/o City Manager, 255
Parkway Boulevard, Coppell, Texas 75019, and the name of its initial registered agent at such
address is Jim Witt.
ARTICLE VI
DIRECTORS
The number of directors constituting the initial Board of Directors is seven, and the
names, addresses and initial terms of office of the persons who are to serve as the initial directors
are:
NAME ADDRESS TERM
Kip Allison 464 Halifax, Coppell, Texas 75019 2 years
Sandra Edwards 241 Whispering Hills, Coppell, Texas 75019 2 years
Elizabeth Barger 719 Clayton Circle, Coppell, Texas 75019 2 years
Timothy Higgins 306 Lodge Road, Coppell, Texas 75019 2 years
Jim Still 726 Oriole Lane, Coppell, Texas 75019 2 years
Andrew Wagner 601 Wellington Road, Coppell, Texas 75019 2 years
SS539
-2-
~ary Williams
755 Pelican Lane, Coppell, Texas 75019
2 years
Directors are appointed and serve at the pleasure of the City Council of the City of Coppel!.
A Director may be removed by the City Council of the City of Coppell at any time without cause.
Directors shall serve without compensation except that they shall be entitled to reimbursement for
expenses incurred in the performance of their duties as Directors.
ARTICLE VII
INCORPORATORS
The name and street address of the incorporators are Don B. Munson, 821 Parkway
Boulevard, Coppell, Texas 75019; Jim Witt, 255 Parkway Boulevard, Coppell, Texas 75019; and
Clay Phillips, 255 Parkway Boulevard, Coppell, Texas 75019.
ARTICLE VIII
AUTHORIZATION
The City Council ofthe City ofCoppell, Texas, has specifically authorized the formation of
the Coppell Economic Development Corporation, a non-profit corporation, by Resolution
approving the form of these Articles of Incorporation.
ARTICLE IX
ELIGIBILITY
That the City of Coppell is a City with a population of fewer than 50,000 according to the most
recent federal decennial census that is located within the territorial limits but has not elected to
become a part of a metropolitan rapid transit authority that has a principal city with a population of
more than 750,000 according to the most recent federal decennial census, with such authority being
S5539
- 3 -
created under Chapter 452 of the Texas Transportation Code and the creation of this Corporation is
authorized under the provisions of Section 4B, Article 5190.6, the Development Corporation Act of
1979, Vernon's Revised Civil Statutes, as amended, and the Corporation shall be governed by that
Section.
ARTICLE X
AMENDMENTS
These Articles of Incorporation may at any time, and from time to time, be amended by the
following:
a. the Board of Directors shall file with the City Council of the City ofCoppell, Texas,
a written application requesting approval of the amendments to the Articles of
Incorporation, specifying in such application, the proposed amendments. City Council shall
consider such application and, if deemed appropriate shall approve the form of the proposed
amendments. The Board of Directors of the Corporation may then amend the Articles of
Incorporation by adopting such amendment at a meeting of the Board of Directors and
delivering the Amended or restated Articles of Incorporation Secretary of State, or
b. the City Council of the City of Coppell, Texas may, at its sole discretion, amend
these Articles of Incorporation, by the adoption of a resolution approving amended or
restated Articles of Incorporation.
ARTICLE XI
DISSOLUTION
When the Corporation is dissolved, any interest in any funds or property of any kind, real,
personal or mixed, such funds or property or rights thereto shall not be transferred to private
ownership, but shall be transferred and delivered to the City of Coppell, Texas, after satisfaction or
provision for satisfaction of debts and claims.
SSS39
-4-
ARTICLE XII
CITY APPROVAL
All actions of the Corporation are subject to the City Council approval.
CL~HIL~ORATOR
STATE OF TEXAS
COUNTY OF DALLAS
Before me, a Notary Public, on this day personally appeared 4-n.;t. /7JCUl sg t'L
,---J./?L to -;-:;+ , and (1k~ /A ; / !~ s
known to me to be the person whose names
are subscribed to the foregoing document and being by me fIrst duly sworn, declared that the
statements therein contained are true and correct.
Given under my hand and seal of office this s2L ~ of ~
,1996.
~v~L
Notary Public, State of Texas
My Commission Expires:
~ IS.I'!?!.
I
e
UNOA LIIIMU
MY COMMII8ION !lC'IftIS
July 11, 1.
SS539
- 5 -