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RE 2014-0422.2 RESOLUTION NO. 2►4-o 4-22.2 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COPPELL, TEXAS, APPROVING AMENDMENTS TO THE BYLAWS AND ARTICLES OF INCORPORATION FOR THE COPPELL RECREATION DEVELOPMENT CORPORATION; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the Coppell Recreation Development Corporation (the "Corporation") was duly created by the City of Coppell (the "City") pursuant to authority granted by Article 5190.6, Section 4B, Texas Revised Civil Statutes Ann., and now operates under Texas Local Government Code, Chapters 501, 502 and 505 (the "Act"); and WHEREAS, pursuant to authority granted in the Act, the City has levied a one-half of one percent sales and use tax for the benefit of the Corporation (the "Sales Tax"), to be used exclusively for the purposes set forth in the Act and as approved by the voters of the City; and WHEREAS, at an election held November 5, 2013 (the "Sales Tax Election") the voters of the City authorized additional purposes and projects for which the sales tax may be used; and WHEREAS, it is appropriate and in the best interest of the Corporation to amend the Bylaws and Articles of Incorporation to add the additional purposes and projects for which the voters of the City approved the sales tax to be used; and WHEREAS, restating the Articles of Incorporation to include a previous amendment and to conform to changes in law, in the form of a Restated Certificate of Formation with New Amendments as now required by law, allows the Corporation to function in a consistent manner with the operations of the City; NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF COPPELL, TEXAS, THAT: SECTION 1. The Amended Bylaws and Restated Certificate of Formation with New Amendments of the Coppell Recreation Development Corporation attached and incorporated herein as Exhibit"A" are hereby adopted. SECTION 2. This resolution shall become effective immediately upon approval. DULY PASSED and approved by the City Council of the City of Coppell, Texas, on this the 22nd day of April, 2014. APP r OVED• K.ren Se so Hunt, Ma4or APPROMED'AS TO FORM: ATTEST: /// J. David Dodd, III, City Attorney Thristel Pettinos, ity Secreta V