HomeMy WebLinkAboutResolution - 2006-R0223 - Amendments To Lubbcok Economic Development Alliance, Inc. Bylaws - 05_18_2006Resolution No. 2006—RO223
May 18, 2006
Item No. 2.2
RESOLUTION
WHEREAS, the City Council of the City of Lubbock, Texas has created an Economic
Development Corporation pursuant to the terms and provisions of Article 5190.6,
Vernon's Texas Revised Civil Statutes, called Lubbock Economic Development
Alliance, Inc. (the "Corporation"); and
WHEREAS, the Corporation currently has five (5) members on its Board of
Directors; and
WHEREAS, the Corporation desires to amend its Bylaws to increase the number of
members on its Board of Directors to seven (7); and
WHEREAS, the City Council finds that such an amendment to the Corporation's
Bylaws is beneficial to the citizens of the City of Lubbock; NOW THEREFORE:
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
LUBBOCK:
THAT THE City Council of the City of Lubbock does hereby approve the
amendment to the Lubbock Economic Development Alliance, Inc.'s Bylaws to
increase the number of members on its Board of Directors from five (5) to seven (7).
Passed by the City Council this 18th'day of May, 2006.
MARC MC , OUGAL, MAYOR
ATTEST:
-Z,, 0 .
Rebecca Garza, City Secretary
APP S. TO ONTENT:
Rob Alli x irector of Development Services
APPROVED AS TO FORM:
Amid sistant City Attorney
as/ccdocs/LEDABylaws Amend.res
5/9/06
AMENDMENT TO THE BYLAWS OF
LUBBOCK ECONOMIC DEVELOPMENT ALLIANCE, INC.
d/b/a LEDA (the "Corporation")
Pursuant to the provisions of the Texas Business Organizations Code, and Article
Twelve of the Articles of Incorporation and Article VI of the Bylaws of the Corporation, the
Corporation adopts the following amendment to its Bylaws as follows:
Article II Board of Directors Section 1, Powers Number and Term of Office (b) is
hereby amended, in order to increase the number of the Board of Directors of the
Corporation from five (5) Directors to seven (7) Directors, so that said Article II, Section 1
(b) shall hereafter read as follows:
"(b) The Board shall consist of seven (7) Directors, each of whom shall be
appointed by the City Council (the "City Council") of the City of Lubbock, Texas."
RESOLUTION
BE IT RESOLVED THAT THE BOARD OF DIRECTORS OF LUBBOCK
ECONOMIC DEVELOPMENT ALLIANCE, INC., d/b/a LEDA:
THAT the Board of Directors of Lubbock Economic Development Alliance, Inc.,
d/b/a LEDA, has adopted the foregoing amendment to the Bylaws of the Corporation,
which constitute and is a part of this resolution, is fully copied herein in detail and shall be
an amendment to the Bylaws of the Corporation, subject to action by the City Council of
the City of Lubbock approving same by a resolution of the City Council, motion or order
duly adopted by the City Council approving of same.
Passed by the Board of Directors the /64"day of , 2006.
DAVI ALDE , Chairman
ATTEST:
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JMC,J NdU:Amendment to the Bylaws.wpd/May 4, 2W6
AMENDMENT TO THE BYLAWS PAGE 1 OF 1
LEDA