Item 8I
M E M O R A N D U M
July 28, 2010
To:
Shana Yelverton, City Manager
From:
Lori Payne, City Secretary
Subject: Resolution No. 10-040, Appoint members to the Southlake
Parks Development Corporation
Action Requested:
Appoint members to the Southlake Parks Development
Corporation.
Background
Information:
Pursuant to the authority granted by the Department Corporation
Act of 1979, Article 5190.6, Texas Revised 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.
The Board of Directors shall be appointed by the City Council and
be composed of seven (7) persons; four (4) of the Board of
Directors 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 (1) of the remaining
Directors must be a member of the Southlake Parks and
Recreation Board.
Terms of the Directors shall be for two (2) years, expiring on May
31 of odd numbered and even numbered years, respectively.
Directors may be appointed to succeed themselves. Each Director
shall serve until a successor is appointed.
The terms for Pamela A. Muller (City Council Representative),
Vacant (City Council Representative), and John Slocum (Parks
Board Representative) expired in May 2010; and Vacant (City
Council Representative) expires in May 2011.
Financial
Considerations:
Not applicable
Financial Impact:
Not applicable
Citizen Input/
Board Review:
Not applicable
Legal Review:
Not applicable
Supporting
Documents:
Resolution No. 10-040
RESOLUTION NO. 10-040
A RESOLUTION OF THE CITY OF SOUTHLAKE, TEXAS,
APPOINTING MEMBERS TO THE SOUTHLAKE PARKS
DEVELOPMENT CORPORATION; AND PROVIDING AN
EFFECTIVE DATE.
WHEREAS
, pursuant to the authority granted by the Department Corporation Act
of 1979, Article 5190.6, Texas Revised 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 appointed by the City Council and be
composed of seven (7) persons; four (4) of the Board of Directors 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 (1) of the remaining
Directors must be a member of the Southlake Parks and Recreation Board; and,
WHEREAS
, terms of the Directors shall be for two (2) years, expiring on May 31
of odd numbered and even numbered years, respectively. Directors may be appointed
to succeed themselves. Each director shall serve until a successor is appointed; and,
WHEREAS
, the terms for Pamela A. Muller (City Council Representative),
Vacant (City Council Representative) and John Slocum (Parks Board Representative)
expired in May 2010; and Vacant (City Council Representative) expires in May 2011;
now,
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 their entirety.
Section 2. The City Council hereby appoints the following person to the Board of
Directors for the Southlake Parks Development Corporation:
__________________ City Council Representative
(term ends May 2012)
__________________ City Council Representative
(term ends May 2012)
__________________ Parks Board Representative
(term ends May 2012)
__________________ City Council Representative
(term ends May 2011)
Section 3. This resolution is effective upon passage by the City Council.
rd
PASSED AND APPROVED THIS THE 3 DAY OF AUGUST, 2010.
CITY OF SOUTHLAKE, TEXAS
BY:
__________________________
John Terrell
Mayor
ATTEST:
____________________________
Lori Payne, TRMC
City Secretary