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1996-032City of Southlake, Texas RESOLUTION NO. 96-32 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SOUTHLAKE, TEXAS, APPOINTING MEMBERS TO THE SOUTHLAKE PARK DEVELOPMENT CORPORATION; PROVIDING AN EFFECTIVE DATE. WHEREAS, pursuant to the authority granted by the Development Corporation Act of 1979, Article 5190.6, Texas Revised Civil Statutes as amended (the "Act"), ,the City Council found it advisable to authorize the creation of a non-profit corporation to be named the Southlake Park Development Corporation, to act on its behalf in financing, under the Act, eligible projects" deemed to be for the benefit of the public; and, WHEREAS, the Board of Directors shall be composed of seven (7) persons; and, WHEREAS, four (4) of the members shall be members of the City Council and the three (3) remaining directors must not be employees or officers of the City, or members of the City Council, and at least one of the remaining directors must be a member of the Southlake Park and Recreation Board; and, WHEREAS, currently four (4) Councilmember places are available: two (2) for two (2) years and two (2) for one (1) year terms. A two (2) year term for a citizen appointment is open as well as a one (1) year unexpired term for a citizen appointment. THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SOUTHLAKE, TEXAS, THAT: Section 1. All of the findings in the preamble are found to be true and correct and the City Council hereby incorporates said findings into the body of this resolution as if copied in its entirety. Section 2. The City Council hereby appoints the following to fill the expired and unexpired terms. 1. Councilmember W. Ralph Evans (two year term) 2. Councilmember Scott Martin (two year term) 3. Mayor Rick Stacy (one year term) 4. Councilmember Pamela Muller (one year term) 5. Citizen David Yelton (two year term) 6. Citizen Carol Lee Hamilton(one year term) Section 3. The City Council appointed David Yelton as Chairman for the SPDC. Section 4. That this resolution shall become effective upon passage and approval by the City Council. Resolution No. 96-32 page two PASSED AND APPROVED THIS THE 18th day of June, 1996. Mayor Rick Stacy ATTEST: au+mart Sandra L. LeGrand City Secretary O cAwpfi1es\res96.32\s1