HomeMy WebLinkAbout024422 RES - 04/10/2001RESOLUTION
APPROVING THE CREATION OF AND THE ARTICLES OF
INCORPORATION OF THE SOUTH TEXAS ELECTRIC PROJECT, INC.
WHEREAS, the City of Corpus Christi desires to explore the benefits of electric aggregation
under Senate Bill 7, 1999 Legislature.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF CORPUS CHRISTI, TEXAS, THAT:
The creation of and the Articles of Incorporation of the South Texas Electric Project, Inc.,
a substantial copy of which is attached hereto and incorporated herein as Exhibit A, are hereby
approved.
ATTEST:
Armando Chapa
City Secretary
APPROVED THIS THE ~
Mayor, The City of Corpus Christi
__DAY OF ?~]fv', ( ,2001:
James R. Bray, Jr., City Attorney
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ARTICLES OF INCORPORATION
OF
SOUTH TEXAS ELECTRIC PROJECT, INC.
ARTICLE ONE
The corporation will conduct business under the name South Texas Electric Project, Inc.
ARTICLE TWO
The period of its duration is perpetual.
ARTICLE THREE
The corporation is a non-profit political subdivision corporation under Chapter 303, Texas Local
Government Code, entitled "Energy Aggregation Measures for Local Governments," as
amended.
ARTICLE FOUR
The corporation has been organized for the purposes of purchasing electricity, aiding or acting on
behalf of its members with respect to their own electricity use for their respective public facilities
and that of their citizens, negotiating on behalf of its members for the purchase of electricity,
making contracts for the purchase of electricity, and taking any other actions necessary to
purchase electricity for use in the public facilities of the political subdivision or subdivisions
represented by the corporation, and for all other purposes as may be permitted by law for political
subdivision corporations.
ARTICLE FIVE
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The street address for the corporation's initial registered office is Lloyd, Gosselink, Blevins,
Rochelle, Baldwin & Townsend, P.C., 111 Congress Avenue, Suite 1800, Austin, Texas 78701,
and the registered agent for the corporation at this address is Geoffrey M. Gay.
ARTICLE SIX
The corporation shall have members. Membership shall be determined under the terms and
conditions provided in the corporation's bylaws.
ARTICLE SEVEN
The direction and management of the affairs of the corporation and the control and disposition of
its properties and funds shall be vested in a Board of Directors composed of such number of
persons, but not less than three, as may be fixed by the bylaws. Until changed by the bylaws, the
originaI number of directors shall be nine (9). The names and addresses of the persons who are
to serve as Directors of the corporation until their successors are duly elected and qualified are:
1. James Darling 4.
City of McAIlen
P.O. Box 220
McAllen, Texas 78505-0220
Mark McDaniel
City of Corpus Christi
P.O. Box 9277
Corpus Christi, Texas 78469
Denny Arnold
City of Victoria
P.O. Box 1758
Victoria, Texas 77904
Larry Dovalina
City of Laredo
P.O. Box 579
Laredo, Texas 78042-0579
5. Hector M. Hinojosa
City of Kingsville
P.O. Box 1458
Kingsville, Texas 78364
6. William O. Lamb
City of Pleasanton
P.O. Box 209
Pleasanton, Texas 78064
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Sunny Philip
City of La Feria
115 E. Commercial Avenue
La Feria, Texas 78559
James D. Roberts
City of Charlotte
P.O. Box 216
Charlotte, Texas 78011-0216
Richard Browning
City ofEdna
126WestMain
Edna, Texas 77957
ARTICLE EIGHT
The bylaws of the corporation shall be adopted by the Board of Directors and shall he approved
by the governing body of each political subdivision for which the corporation is created. The
governing bodies of at least three political subdivisions have approved these articles and the
bylaws of South Texas Electric Project, Inc. by resolution, ordinance or order.
ARTICLE NINE
The names and addresses of the incorporators are:
James Darling
City of McAllen
P.O. Box 220
McAIlen, Texas 78505-0220
Jimmy Bray
City of Corpus Christi
P.O. Box 9277
Corpus Christi, Texas 78469
3. Denny Arnold
City of Victoria
P.O. Box 1758
Victoria, Texas 77904
Larry Dovalina
City of Laredo
P.O. Box 579
Laredo, Texas 78042-0579
Corpus Christi, Texas
The above resolution was passed by the following vote:
Samuel L. Neal, Jr.
Javier D. Colmenero
Melody Cooper
Henry Garrett
Dr. Arnold Gonzales
Rex A. Kinnison
Betty Jean Longoria
John Longoria
Mark Scott
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