R-2001-03 - Laserfiche WebLink

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ARTICLES OF INCORPORATION OF H-GAC ENERGY PURCHASING CORPORATION The undersigned, each a political subdivision, acting as incorporators of a corporation under Texas Local Government Code ~ 303.001 et seq., do hereby adopt the following Articles of Incorporation for such corporation: ARTICLE 1 The name of the corporation is H-GAC Energy Purchasing Corporation. ARTICLE 2 The corporation is a non-profit political subdivision corporation described in Texas Local Government Code ~~ 303.001 et seq. ARTICLE 3 The period of its duration is perpetual. ARTICLE 4 The corporation is organized and shall be operated exclusively to act as an agent to negotiate the purchase of electricity, or to likewise aid or act on behalf of the political subdivisions for which the corporation was created, with respect to their own electricity use for their respective public facilities and to undertake all other acts permitted to be undertaken by a political subdivision corporation described in Texas Local Government Code ~~ 303.001 et seq. ARTICLE 5 The street address of the initial registered office of the corporation is 3555 Timmons Lane, Suite 500, Houston, Texas 77027, and the name of its initial registered agent at such address is Steve Howard. ARTICLE 6 Except as otherwise provided in these articles and in the bylaws of the corporation, the direction and management of the affairs of the corporation and the control and disposition of its properties and funds shall be vested in a board of directors composed of such number of persons (not less than three (3)) as may be fixed by the bylaws of the corporation. Until changed by the bylaws the original number of directors shall be three (3). The directors shall continue to serve until their successors are selected in the manner provided in the bylaws of the corporation. The names and addresses of the persons who shall serve as initial directors of the corporation until their successors are duly elected and qualified are as follows: