HomeMy WebLinkAboutResolution - 931 - Appointment & Addition - LHFC BOD - Joan Baker, BOD Inceased To 7 Members - 09/24/1981JCR:cl
RF.GnTJTTTnN
RESOLUTION 931 - 9/24/81
Amends Reso. #374 - 12/20/7
RESOLUTION INCREASING THE BOARD OF,DIRECTORS OF LUBBOCK HOUSING FINANCE
CORPORATION TO SEVEN DIRECTORS AND APPOINTING ONE NEW DIRECTOR TO SAID BOARD.
WHEREAS, the governing body of the City of Lubbock did by Resolution #374,
dated December 20, 1979, give approval for the incorporation of Lubbock Housing
Finance Corporation, and
WHEREAS, the initial Board of. Directors of said corporation was establis
with six members, and
WHEREAS, the governing body of the City of Lubbock has determined that it
is in the public interest to increase the number of directors of said Board by
adding one additional director to said Board, and
WHEREAS, Section 2.02 of the By-laws of said corporation provide that
vacancies on the Board of Directors, including vacancies to be filled by
reason of an increase in the number of directors, shall be filled by appoint-
ment by the governing body of the City, and
WHEREAS, the Articles of Incorporation do not provide that a change in the
number of directors shall be made only by amendment to the Articles of Incor-
poration, NOW THEREFORE:
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK:
THAT the Board of Directors of the Lubbock Housing Finance Corporation is
hereby increased by adding one additional director to the Board making a total
of seven directors of the corporation.
BE IT FURTHER RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK:
SECTION 1. THAT Mrs. Joan Baker is hereby appointed to the Board of
Directors of Lubbock Housing Finance Corporation to fill the newly created
directors position.
SECTION 2. THAT the date of expiration of the term of office of Mrs.
Joan Baker shall be 12/31/87
SECTION 3. THAT the above newly appointed director resides within the
City of Lubbock.
Passed by the City Council this 24th day of
ATTEST:
Evelyn Gaffga, City Secr ry-Treasurer
-APPROVED AS TO FORM:
a C_
n C. Ross, Jr., Citf Attorney
September 1981.
01
Rn -T. cALISTER, MAYO