HomeMy WebLinkAbout0010_0001NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
GEORGETOWN, TEXAS
Section 1. That the findings and declarations contained in the
preambles of this Ordinance are incorporated herein as part of this
Ordinance.
Section 2 That this Council hereby finds and determines that
it is to the best interest of the City and its inhabitants that a
nonprofit corporation, to be named the "City of Georgetown Higher
Education Finance Corporation" (the "Corporation"), be ordered created
under the Act to act on behalf of the City as its duly constituted
authority and instrumentality for the public purposes defined and with
the powers conferred in the Act.
Section 3 That this Council hereby orders that the Corpora-
tion be created under the Act with articles of incorporation (the
"Articles") in substantially the form attached hereto, and the Council
hereby designates and appoints the following persons to act on its
behalf as the incorporators thereof, to -wit.
J. C. Sloan
Charles A Forbes
Thomas -R Locke ,
and this Council directs and authorizes said incorporators to file the
Articles with the Secretary of State.
Section 4. That this Council hereby appoints Patrick Caballero
as registered agent for the Corporation and appoints the following
persons as the initial members of the board of directors of the
Corporation, to -wit
J. C. Sloan
Charles A. Forbes
Thomas R, Locke
Nancy Raper
Andrew Vaughn
Jo Ella Simon
James Wilson ,
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