R-1984-02 - Laserfiche WebLink

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t. ~ .. . RESOLUTION 84-2 RESOLUTION AuTHORIZING AND APPROVING CREATION OF A HEALTH FACILITIES DEVELOP~ENT CORPORATION TO ACT ON BEHALF OF THE CITY OF LA PORTE, TEXAS WHEREAS, the Health Facilities Development Act, Article l528j, Vernon's Texas Civil Statutes (the "Act"), aU1:horizes ci1:ies, coun1:ies or hospital districts to create nonmember, nons1:ock, public corporations for the sole pur- pose of acquiring, construc1:ing, providing, improving, financing and refin- ancing heal1:h facilities, as defined in the Act, in order 1:0 assist the maintenance of the public health, with powers, among others, to issue bonds and to loan 1:he proceeds of the sale of such bonds to finance the acquisition, construc1:ion, and improvement of facilities found by the boards of direc1:ors of such corporations to be required, necessary or convenient for health care, research and education, anyone or more; WHEREAS, the Act empowers the City Council (the "Governing Body") of the City of La Porte, Texas (1:he "City") 1:0 approve articles of incorporation and bylaws for such a corporation, to appoint the directors of such a corpora1:ion, and, in the sole discre1:ion of the Governing Body, 1:0 alter the structure, organization, programs or activities of such a corporation at any time, sub- ject only to any limitation provided by the constitutions and laws of the State of Texas and of the United Sta1:es relating to the impairment of con- 1:racts entered into by such corporation; , WHEREAS, the Governing Body has reviewed the proposed Articles of Incorpora1:ion and Bylaws and has determined that it is in the public interest and to the benefit of the residents of the City and the citizens of this State tha1: a health facilities development corpora1:ion be created under the Act to promote new, expanded or improved health facilities in order to assist 1:he maintenance of the public heal1:h and the public welfare; NOW" , THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LA PORTE, TEXAS THAT: SECTION 1. The Governing Body has found and determined and hereby finds and de1:ermines that a health facilities development corporation be aU1:horized and crea1:ed, wi1:h such health facilities development corporation to be known as the "City of La Por1:e Health Facilities Development Corpora1:ion" (the "Issuer"). SECTION 2. The Governing Body hereby approves the Articles of Incor- poration and the Bylaws proposed to be used in organizing the Issuer (copies of which are attached to 1:his Resolution and made a part hereof for all pur- poses); hereby grants authority for the incorpora1:ion of the r'ssuer; and hereby appoints Virginia Cline W. R. Sprinqall Jerry Dennis E. W.. Felscher John IDngley Robert A. White, and Jack Iawler the initial directors of the Issuer.