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1997-003City of Southlake, Texas RESOLUTION NO. 97-03 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SOUTHLAKE, TEXAS, APPOINTING A MEMBER TO THE SOUTHLAKE PARK DEVELOPMENT CORPORATION SPDC) TO FILL AN UNEXPIRED TERM; 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, 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 Parks and Recreation Board; and, WHEREAS, currently a vacancy exists on the board of directors for a citizen at large member, to take the place of Rod Johnson who has resigned. The term for the position will expire in May, 1997; now, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SOUTHLAKE, TEXAS, THAT: Section 1. All of the above 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 RONNIE KENDALL , to the board of directors of the Southlake Park Development Corporation, with a term to expire in May, 1997. Section 3. This resolution shall become effective upon passage by the City Council. PASSED AND APPROVED THIS THE 7TH DAY OF UNUARY, 1997. ay r Rick Stacy A I EST: A andra L. LeGranc City Secretary