HomeMy WebLinkAboutResolution - 033154C - Allow By-Laws Amendment, SELDC - 03_31_1954 RESO & UTIOR
W H E R E A S, heretofore the members constituting the SOUTHEAST LUBBOCK
+� such OP HoT BOAR has ado formed
a corporation in compliance with Ordinance 1273'and
� D"'VEIAPMENT BOARD have forms
such Cp po by such Corporation,a set of'by laws and including within the by-laws
7- on, a procedure to be followed in the amendment of
its by-laws which requires written approval by a written resolution passed by
the City Commission of the City of Lubbock, Texas, and such Corporation has passed
` 7' a resolution amending Article VIII of its by-laws to clarify that the members
of the SOUTHEAST LUBBOCK DEVELOPMENT BOARD shall constitute the Board of Directors
of the SOUTHEAST LUBBOCK DEVELOPMENT CORPORATION, and such amendment to the
dorporationf s 'by-laws has been found favorable by the City Commission of the City
of Lubbock, Texas; T H E R E F O R E,
BE IT RESOLVED BY THE CITY COPMSSION OF THE CITY OF LUBBOCK, TEXAS:
SECTION 1 That the written resolution of the SOUTHEAST LUBBOCK DEVELOP-
MNT CORPORATION passed on the 26th day of March, 1954, amending Article VIII
of the Corporation's By-Laws is hereby in all things approved, such resolution
as passed being herein set out in full:
" SOUTHEAST LUBBOCK DLNELOPMENT CORPORATION
R E S O L U T I O N
ffW H E R E A S, the Corporation has heretofore adopted a set of by-laws
and the question has arisen as whether or not the Board of Directors of the
SOUTHEAST LUBBOCK DWELOPMWT CORPORATION will constitute and be the same as the
members of the SOUTHEAST LUBBOCK DEVELOPMENT BOARD established by Ordinance 1273
of the City Commission of the City of Lubbock, Texas,' passed on the 11th day of
September, 1952, and it is felt desirable to resolve such conflict by the amendmen
of Article VIII of the Corporationts by-laws under and by the procedure set out
in Article XVI of such by-laws; and,
ffW H E R E A S, at least seven (7) members of the Board of Directors of the
SOUTHEAST LUBBOCK DEVELOPMENT CORPORATION have this day met :h a special meeting
for the purpose of amending such by-laws and At least seven (7) members of the
Board of Directors have voted in favor of such amendment which such amendment will
be subject to approval by written resolution passed by the City Commission of the
City of Lubbock, Texas; N 0 W, T H E R .E F O R E,
BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE SOUTHEAST LUBBOCK DEVELOPMIT .
CORPORATION:
"SECTION 1. That Article VIII of the. by-laws of the SOUTHEAST LUBBOCK
DEVELOPMENT CORPORATION shall be, and the same is hereby, amended to read as
follows:
ARTICLE VIII.
The members constituting the SOUTHEAST LUBBOCK DEVELOPMENT BOARD
as established by Ordinance 1273 passed by the City Commission of the
City of Lubbock, Texasp shall also constitute the, Directors of the
SOUTHEAST LUBBOCK DEVELOPMMT CORPORATION and such Board of Directors J
shall be composed of 'twelve (12) members, each of whom shall be resident
.
citizens- of the City of Lubbock. The directors of said Board shall be
appointed by the City Cormission of the City of Lubbock and shall hold
their office for a`term: of three (3) years except that four (4) of the
members first selected shallh old office for terms of one (1) year, four
(4) members shall hold office for the terms of two (2) years, and four (4)
members shall hold office for theterms of three (3) years, the term of
each to be determined by lot; and thereafter their successors shall hold
office for three (3) years and until their successors are appointed.'
"SECTION 2. This amendment shall not become effective nor of full force
or effect,whatsoever unless and until the same has been approved by a written
resolution passed by the City Commission of the City of Lubbock, Texas, and the
Secretary-Treasurer'of the Corporation be, and he is hereby, authorized and
-directed to :apply to the City Commission of the City of Lubbock for passage of
a written resolution by such Commission approving such amendment as herein stated.
"On motion of Director Tom Sawyer __-_Y_, seconded by Director Albert
Fortenberry _ ,, this resolution was passed by the Board of Directors of the
Southeast Lubbock Development Corporation on this, the 26th day of March, 1954,
at a special meeting called for the purpose of amending the by-laws of the
Southeast Lubbock Development Corporation, by the following vote:
Directors voting "YEA01Tom Sawyer,Albert Fortenberry,Robert Bean,George
Woods,Dr. S.L.Loving4;Carlton Priestly,Rolan Sia:pson and George Green
Directors voting "NAY":
/S/ ROBERT_H. BEAK
PRESIDENT
_
- - - - - PRF,SIDENT - - - - - -
ATTEST:
S/A_L. COUCH _ _ _ _ _ _ _ - -
SEC -TTM-TREASURER
CAM:gf.
3-26-54 "
SECTION 2. That the Secretary-Treasurer of the City- of Lubbock be,
and she is hereby, authorized and directed to forward an executed copy of this
resolution to the Secretary-Treasurer of the SOUTHEAST LUBBOCK DE"VELOPI�M
CORPORATION.
Page 2 —
f
On motion of Commissioner Davis ,seconded by Commissioner
Thomas , this Resolution was passed by the City Commission on this
the 31 day of �March , 1954, by the following votes
Commissioners voting "YEA"s Morris, Carpenter, Davis and Thomas and J
Mayor Tripp
Commissioners voting "NAY"s None
MU
Cl1y s
ATTr,S :
Laveni ifc�;�e Cit Sec tart'-Treasurer
CAM:gf
3-29-54
i
Paae 3