RE 2014-0513.1
RESOLUTION NO. 2014-0513.1
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COPPELL,
TEXAS APPROVING THE RESTATED CERTIFICATE OF
FORMATION WITH NEW AMENDMENTS OF 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, Chapter 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 purpose 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 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
COPPELL, TEXAS;
SECTION 1.
The 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.
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DULY PASSED and approved by the City C I ncil of the City of Coppell, Texas,
on this 131`' day of May, 2014.
Ka en Seib* Hunt, Mayor
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J. D.v!Dodd,III,CITY ATTORNEY
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