HomeMy WebLinkAbout18776 RES - 04/02/19851.122 01
A RESOLUTION
RELATING TO AMENDING THE ARTICLES OF INCORPORATION OF THE
CORPUS CHRISTI HOUSING FINANCE CORPORATION TO PROVIDE FOR A
MORE ORDERLY SUCCESSION OF DIRECTORS, AND DECLARING AN
EMERGENCY.
WHEREAS, the Corpus Christi Housing Finance Corporation (the
"Corporation") was organized pursuant to the Texas Housing Finance Corporations
Act, Article 12691-7, on September 28, 1979, by the filing of Articles of
Incorporation duly—approved by resolution of the City Council of the City of
Corpus Christi, Texas,
WHEREAS, the members of the Board of Directors of the Corporation have
made written application to the City Council of the City of Carpus Christi,
Texas, seeking permission to amend the Articles of Incorporation, and
WHEREAS, the City Council of the City of Corpus Christi, Texas, has
determined that it is wise, expedient, necessary and advisable that the Articles
of Incorporation of the Corporation be amended in order to provide for the
efficient administration of the Corporation's affairs.
NON, THEREFORE, 8E IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
CORPUS CHRISTI, TEXAS.
SECTION 1 That the Articles of Incorporation of the Corporation he
mended by changing the following provision of the first paragraph of Article
Eight thereof
provided, however, that the term of any Director who is a public
official of the City shall not exceed the period for which such
director shall be a public official of the City.
to hereafter read as follows.
provided, however, that any Director who is a public Official of the
City shall, upon termination of his or her status asa public
official, be deemed to have resigned as a Director, which resignation
shall be effective at the next regular meeting of the Corporation.
SECTION 2. That upon written request of the Mayor or five Council
members, copy attached, to find and declare an
emergency due to the immediate
need for the efficient administration of Cityaffairs, such finding of a
emergency is made and declared requiring suspension of the Charter rule as to
consideration and voting upon ordinances or resolutions at three regular
•
18776 MICROFILMED
I122.01
meetings so that this resolution Is passed and shall take effect upon first
reading as an emergency measure this the 2nd day of April, 1985.
ATTEST
�/�
/Vvmm'.`J
APPRO0E0: 2..1 000 OF APRIL, 1985
J. BRUCE 002000. CITY ATTORNEY
s si stan tturney`�
MAYOR r
THE CIT F CORPUS CHRISTI, TEMPS
Corpus Christi, Texas
day of // i, / 1985-
TO
985
TO THE MEMBERS OF THE CITY COUNCIL
Corpus Christi, Texas
For the reasonsset forth in the emergency clause of the foregoing ordinance
or resolution,emergency exists requiring suspension of the Charter rule
s to consideration and voting upon ordinances or esolutions at three
regular meetings; I/we, therefore, request that you suspend said Charter rule
and pass this ordinance or
resolution finally on the date it is introduced,
or at the present meeting of the City Council.
Respectfully, Respectfully,
THE C OF CORPUS CHRISTI, TEXAS
Council Members
The above ordinance was passed by
the following vote.
Luther Jones Iwuion,/
Betty N. Turner
David Berlanga, Sr
Welder Brown
Leo Guerrero
Dr. Charles w. Kennedy
Joe McComb
Frank Mendez
Mary Pat Slavik
18776