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HomeMy WebLinkAboutR-2000-19 . . ...... RESOLUTION NO. 2000- 19 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LA PORTE APPROVING THE ARTICLES OF INCORPORATION AND BYLAWS OF THE LA PORTE REDEVELOPMENT AUTHORITY; FINDING COMPLIANCE WITH THE OPEN MEETINGS LAW; AND PROVIDING AN EFFECTIVE DATE HEREOF. NOW THEREFORE, BE CITY OF LA PORTE: IT RESOLVED BY THE CITY COUNCIL OF THE Section 1. The City Council of the City of La Porte hereby approves the Articles of Incorporation and Bylaws of the La Porte Redevelopment Authority, which are attached as Exhibits "A" and "B" to the Application to the Mayor and City Council of the City of La Porte, Texas, for creation of the La Porte Redevelopment Authority, and approved by Ordinance No. 2000-~, dated December 11, 2000. section 2. The City Council officially finds, determines, recites, and declares that a sufficient written notice of the date, "- hour, place and subjec~ of this meeting of the City Council was posted at a place convenient to the public at the City Hall of the ci ty for the time required by law preceding this meeting, as required by the Open Meetings Law, Chapter 551, Texas Government Code; and that this meeting has been open to the public as required by law at all times during which this resolution and the subject matter thereof has been discussed, considered and formally acted upon. The City Council further ratifies, approves and confirms such written notice and the contents and posting thereof. section 3. This Resolution shall be effective from and after its passage and approval. PASSED AND APPROVED this 11th day of December, 2000. By: CI~4pOR~ Norman --. Ma~e, Mayor . . ATTEST: A ~4 (1. _'1.mL M rt a A. Gillett City Secretary A~~ Knox W. Askins City Attorney . 2 . . APPLICATION TO THE MAYOR AND CITY COUNCIL OF THE CITY OF LA PORTE, TEXAS, FOR CREATION OF THE LA PORTE REDEVELOPMENT AUTHORITY, AND APPROVAL OF ARTICLES OF INCORPORATION AND DYLA WS THEREOF 'Section 7 of Chapter 1241, Acts of the 71st Legislature of Texas, Regular Session, 1989 (now codified as Subchapter D of Chapter 431, Texas Transportation Code), authorizes the creation and organization of public non-profit local government corporations to act as a duly constituted authority of a city to aid and assist the city in the performance of one or more governmental or proprietary functions. A local government corporation is created pursuant to the provisions of Chapter 394, Vernon's Texas Codes Annotated, Local Government Code (the "Local Government Code"). A local government corporation may have and exercise all of the powers prescribed by Article 1396, Vernon's Texas Civil Statutes and Chapter 431, Texas Transportation Code. A local government corporation's articles of incorporation and bylaws shall be in the form and be executed, approved, and filed in the manner prescribed by Chapter 394, Local Government Code. Chapter 394 of the Local Government Code requires as a condition to the creation of a local government corporation that at lease three (3) residents of the city who are citizens of the state and at least eighteen (18) years of age, submit a written application for the incorporation of the local government corporation. NOW, THEREFORE, the undersigned petition and make application to the honorable Mayor and City Council of the City of La Porte, Texas, (the "City") and represent to the City as follows: 1. Pursuant to and in accordance with Chapter 394, Local Government Code, the undersigned individuals, each of whom is a citizen of the State of Texas, a resident of the City and over the age of eighteen (18) years, make application to and r~quest the Honorable Mayor and City Council of the City, to approve and authorize the creation of a public non-profit local government corporation to be designated and known as the La Porte Redevelopment Authority (the "Corporation"). The corporation shall have and exercise all of the powers prescribed by Article 1396, Vernon's Texas Civil Statutes and Chapter 431, Texas Transportation Code. 2. The undersigned further request the City Council of the City to approve the incorporation of the Corporation with Articles of Incorporation and Bylaws in substantially the form attached hereto as Exhibits "A" and "B" respectively. 3. The undersigned further represent that duly executed original counterparts of this application have been presented to and filed with the City Council of the City in proper and due time, form, and manner, that this Application e e constitutes a proper and sufficient application to the City Council of the City for approval and authorization of the creation of a public non-profit local government corporation as required by Chapter 394, Local Government Code, and that the City Council of the City may properly consider and act upon this Application. WHEREFORE, the undersigned respectfully request the Honorable Mayor and City Council of the City to approve this Application in all respects and to grant the relief requested and to take such further and additional actions and proceedings as may be deemed necessary and proper in connection therewith. Submitted this ~ day of Peg one 9!' t'I ~ ~ Norman S. Cook ~ ~. ~. . L~er .. . THE STATE OF TEXAS COUNTY OF HARRIS No Public in and for The State of Texas (S CRYSTAL N, SCOTT MY COMMISSION EXPIRES August 2, 2004 2 e e. THE STATE OF TEXAS COUNTY OF HARRIS BEFORE ME, the undersigned authority, on this day personally appeared No\"'fY'Vl n S. C 00 b... , known to me to be the person whose name is subscribed to the foregoing instrument and acknowledged to me that he executed the same for the purposes and consideration therein expressed. GIVEN UNDER MY HAND AND SEAL OF OFFICE, this them. day of t~Jl}II' ",be r .2000. arlJ/}. J~ CRYSTAL N. SCOTT MY COMMISSION EXPIRES August 2, 2004 Notary Public in and for The State of Texas .. THE STATE OF TEXAS COUNTY OF HARRIS BEFORE dersigned authority, on this day personally appeared J(. known to me to be the person whose name is subscribed to the fo oing instrument and acknowledged to me that he executed the same for the purposes and consideration therein expressed. A P GIVEN UNDER MY HAND AND SEAL OF OFFICE, this the Ql!l day of IVOi., ~t(L ,2000. ~ 7?JcIJi:r Notary Public in and for The State of Texas ij;'~' CRYSTAL N, scorr ;*; 1 J . MY COMMISSION EXPIRES (S ;. :I~ August2,2004 3 e. ~ EXHIBIT A ! . ARTICLES OF INCORPORATION OF THE LA PORTE REDEVELOPMENT AUTHORITY We, the undersigned natural persons, each of whom is at least eighteen (18) years of age or more, and a resident and a qualified voter of the City of La Porte, Texas (the "City") and a citizen of the State of Texas, acting as incorporators of a corporation under the provisions of Subchapter D of Chapter 431, Texas Transportation Code (the "Act"), and Chapter 394, Vernon's Texas Codes Annotated, Texas Local Government Code (the "Local Government Code"), do hereby adopt the following Articles of Incorporation for such corporation: ARTICLE I The name of the corporation is LA PORTE REDEVELOPMENT AUTHORITY (the "Authority"). ARTICLE n The Authority is a public non-profit corporation. ARTICLE m The period of duration of the Authority shall be perpetual. ARTICLE IV The Authority is organized for the purpose of aiding, assisting, and acting on behalf of the City in the performance of its governmental functions to promote the common good and general welfare of the area included in Reinvestment Zone Number One, City of La Porte, Texas (the "La Porte Reinvestment Zone") and neighboring areas, as more particularly described in City Ordinance No. 99-2325 and Ordinance No. 99-2J5j}, and as the boundaries may be amended from time to time (the " Area"); to promote, develop, encourage and maintain housing, educational facilities, employment, commerce and economic developIPent in the City. The Authority is further organized to aid, assist and act on behalf of the City and the Board of Directors of the La Porte Reinvestment Zone: (a) in the implementation of the Project Plan and a Financing Plan for the La Porte Reinvestment Zone and the preparation and implementation of amendments thereto; (b) in the development of a policy to finance development and redevelopment of residential, educational facilities, commercial, and park/open space properties in the La Porte area; and 1 . e. (c) in the development and implementation of a redevelopment policy for the La 'Porte area, including the acquisition of land for redevelopment pwposes. The Authority is fonned pursuant to the provisions of the Act as it now or may hereafter be amended, and Chapter 394, Texas Local Government Code, which authorizes the Authority to assist and act on behalf of the City and to engage in activities in the furtherance of the pwposes for its creation, provided that the Authority shall not be authorized to make or acquire home mortgages, or to make loans to lending institutions, the proceeds of which are to be used to make home mortgages or to make loans on residential developments. The Authority shall have and exercise all of the rights, powers, privileges, authority, and functions given by the general laws of Texas to non-profit corporations incorporated under the Act including, without limitation, Article 1396, Vernon's Texas Civil Statutes. The Authority shall have all other powers of a like or different nature not prohibited by law which are available to non-profit corporations in Texas and which are necessary or useful to enable the Authority to perfonn the pwposes for which it is created, including the power to issue bonds, notes or other obligations, and otherwise exercise its borrowing power to accomplish the pwposes for which it was created, provided that the Authority shall not issue bonds without the consent of the City Council of the City. The Authority is created as a local government corporation pursuant to the Act and shall be a governmental unit within the meaning of Subdivision (2), Section 101.001, Texas Civil Practice and Remedies Code. The operations of the Authority are governmental and not proprietary functions for pwposes of the Texas Tort Claims Act, Section 101.001 et seq., Texas Civil Practice and Remedies Code. The Authority shall have the power to acquire land in accordance with the Act as amended from time to time. ARTICLE V The Authority shall have no members and shall have no stock. ARTICLE VI All powers of the Authority shall be vested in a Board composed of the same persons as those appointed to the Board of Directors of the La Porte Reinvestment Zone. An appointment of a director to the La Porte Reinvestment Zone shall constitute an appointment to serve as Director of the Authority. The Authority in accordance with the provisions of the Bylaws may add additional persons to the Board. The Board shall initially consist of nine (9) directors, and the initial directors of the Authority ("Director" or "Directors") shall be those persons named in Article vm. Each initial Director named ,in Article vm hereof shall serve for the tenn prescribed in the Bylaws. Subsequent Directors shall be appointed by position to the Board as prescribed in the Bylaws. Except as provided in the Articles of Incorporation, each Director shall serve for the term provided in the Bylaws. Any Director may be removed from office at any time, with or without cause, by the City Council. The initial Chairperson shall be Alton Porter, and the Mayor of the City shall designate each subsequent Chairperson of the Board. 2 e e The following persons, or their designee, shall serve as an ex-officio, non-voting members of the Board. (1) City Manager; (2) Assistant City Manager (3) Director of Finance; and (4) City Att~rney;. In addition, the Board of Directors of the Authority may designate one or more representatives of the La Porte Independent School District, Harris County or other political subdivisions as ex officio, non-voting members of the Board of Directors. All other matters pertaining to the internal affairs of the Authority shall be governed by the Bylaws of the Authority, so long as such Bylaws are not inconsistent with these Articles of Incorporation, or the laws of the State of Texas. . ARTICLE vn The street address pf the initial registered office of the Authority is 604 W. Fainnont Parkway, La Porte, Texas, 77572, and the name of its initial registered agent at such address is John Joerns. ARTICLE VIII The number of Directors initially constituting the Board is nine (9). The names, addresses, and positions of the nine (9) initial Directors, each of who resides within the City are as follows: Name anti Atitire!:l!:l Peggy Antone P.O. Box 1115 La Porte, Texas 77572-1115 Position One Deotis Gay P.O. Box 1115 La Porte, Texas 77572-1115 Position Two Altot:l Porter, Chairman P.O. Box 1115 La Porte, Texas 77572-1115 Position Three Horace Leopard P.O. Box 1115 La Porte, Texas 77572-1115 Position Four Nonnan S. Cook P.O. Box 1115 La Porte, Texas 77572-1115 Position Five 3 e Lindsay R. Pfeiffer P.O. Box 1115 La Porte, Texas 77572-1115 David Webb P.O. Box 1115 La Porte, Texas 77572-1115 Chester Pool P.O. Box 1115 La Porte, Texas 77572-1115 John Black P.O. Box 1115 La Porte, Texas 77572-1115 Position Six Position Seven Position Eight Position Nine e ARTICLE IX The names and street addresses of the incorporators, each of whom resides within the City are as follows: N~mp. ~ncl Aclcl1'P.~~ Lindsay R. Pfeiffer P.O. Box 1115 La Porte, Texas 77572-1115 Norman S. Cook P.O. Box 1115 La Porte, Texas 77571 Chester Pool P.O. Box 1115 La Porte, Texas 77572-1115 Horace Leopard P.O. Box 1115 La Porte, Texas 77572-1115 ARTICLE X Resolution No. ,~DOD.-ICJ approving the form of these Articles of Incorporation has been adopted by the City Council of the City on 2000. 4 e e ARTICLE XI No Director shall be liable to the Authority for monetary damages for an act or omission in the Director's capacity as a Director, except for liability (i) for any breach of the Director's duty of loyalty to the Authority, (ii) for acts or omissions not in good faith or which involve intentional misconduct or a knowing violation of law, (iii) for any transaction from which the Director received an improper benefit, whether or not the benefit resulted from an act taken within the scope of the Director's office, or (iv) for acts or omissions for which the liability of a Director is expressly provided by statute. Any repeal or amendment of this Article by the Directors shall be prospective only, and shall not adversely affect any limitation on the personal liability of a Director existing at the time of such repeal or amendment. In addition to the circumstances in which a Director is not personally liable as set forth in the preceding sentences, a Director shall not be liable to the fullest extent permitted by any amendment to the Texas statutes hereafter enacted that further limits the liability of a Director. ARTICLE XII In accordance with the provisions of Section 501 (c)(3) of the U.S. Internal Revenue Code of 1986, as amended (the "Code"), and regardless of any other provisions of these Articles of Incorporation or the laws of the State of Texas, the Authority: (a) shall not permit any part of the net earnings of the Authority to inure to the benefit of any private individual (except that reasonable compensation may be paid for personal services rendered to or for the Authority in effecting one or more of its purposes); (b) shall not devote more than an insubstantial part of its activities to attempting to influence legislation by lobbying..or otherwise; (c) shall not participate in, or intervene in (including the publication or distribution of statements), any political campaign on behalf of any candidate for public office; and (d) shall not attempt to influence the outcome of any election for public office or to carry on, directly or indirectly, any voter registration drives. Any income earned by the Authority after payment of reasonable expenses, debt and establishing a reserve shall accrue to the City. The City shall, at all times, have an unrestricted right to receive any income earned by the Authority, exclusive of amounts needed to cover reasonable expenditures and reasonable reserves for future activities, Unless otherwise directed by the City, any income of the Authority received by the City shall be deposited into the Reinvestment Zone Number One, City of La Porte, Texas, Tax Increment Fund, or its successor, No part of the Authority's income shall inure to the benefit of any private interests, If the Board of Directors determines by resolution that the purposes for which the Authority was formed have been substantially met and all bonds issued by and all obligations incurred by the Authority have been fully paid, the Board shall execute a certificate of dissolution which states those facts and declares the Authority dissolved in accordance with the requirements of Sec- tion 394,026 of Vernon's Texas Codes Annotated, Local Government Code, or with applicable law then in existence. In the event of dissolution or liquidation of the Authority, all assets will be turned over to the Finance and Administration Department of the City, or its successor, for deposit into the Reinvestment Zone Number One, City of La Porte, Texas, Tax Increment Fund unless the City Council shall otherwise direct. Any capital project(s) of the Authority as well as all plans and specifications of any improvement to be made by the Authority shall be approved by the Director of the Department of Public Works and Planning of the City, 5 e e ARTICLE XIII If the Authority is a private foundation within the meaning of Section 509(a) of the Code, the Authority: (a) shall distribute its income for each taxable year at such time and in such manner as not to become subject to the tax on undistributed income imposed by Section 4942 of the Code; (b) shall not engage in any act of self-dealing as defined in Section 4941 (d) of the Code; (c) shall not retain any excess business holdings as defined in Section 4943(c) of the Code; (d) shall not make any investments in such manner as to subject it to tax under Section 4944 of the Code; and (e) shall not make any taxable expenditures as defined in Section 4945( d) of the Code. ARTICLE XIV The City Council may at any time consider and approve an ordinance directing the Board to proceed "with the dissolution of the Authority, at which time the Board shall proceed with the dissolution of the Authority in accordance with applicable state law. The failure of the Board to proceed with the dissolution of the Authority in accordance with this Section shall be deemed a cause for the removal from office of any or a1I of the Directors as permitted by Article VI of these Articles of Incorporation. ARTICLE XV These Articles may not b~ changed or amended unless approved by the City Council of the City. l I ~ WITNESS WHEREOF, we have hereunto ~2000. 6 e e THE STATE OF TEXAS COUNTY OF HARRIS BEFORE ME, the undersigned authority, on this day personally appeared IJtJ~. P/e;fte.r known to me to be the person whose name is subscribed to, the foregoing instrwnent:aiid acknowledged to me that she executed the same for the purposes and consideration therein expressed. GIVEN UNDER MY ~ni/mbtJf .2000. ~....".~ CRYSTALN, SCOTT !*: !*. MY COMMISSION EXPIRES -. ...~ August2,2Q04 ..V' (S! 'UJ) THE STATE OF TEXAS HAND AND SEAL 8~F :;~~';;; a~ Notar/f;lic in and for The State of Texas day of COUNTY OF HARRIS BEFORE ME, the undersigned authority, on this day personally appeared Jofma.n g. CoPt... known to me to be the person whose name is subscribed to the foregoing instrument and acknowledged to me that he executed the same for the purposes and consideration therein expressed. . CRYSTAL N. SCOTT MY COMMISSION EXPIRES August 2, 2Q04 SEAL OF OFFICE, this the~ day of ~ 11. JcOIi No ubhc m and for The State of Texas GIVEN UNDER MY HAND AND ~ I h\m. t"'" . 2000. ( THE STATE OF TEXAS COUNTY OF HARRIS BEFORE ME, the undersigned authority, on this day personally appeared t!heste" 11>0 I known to me to be the person whose name is subscribed to the foregoing instrument and acknowledged to me that he executed the same for the purposes and consideration therein expressed. .11.. GIVEN UNDER MY HAND AND SEAL OF OFFICE, this the a q day of I\IOV tt1Lbe. (L .2000. 1J.)cotI (C A T \ ..."..~ ~ ~ CRYSTAL N. SCOTT MY COMMISSION EXPIRES August 2, 2004 7 e e THE STATE OF TEXAS COUNTY OF HARRIS BEFORE ME, the undersigned authority, on this day personally appearedJ.!.<<f.lt.e. koptrd known to me to be the person whose nam~ is subscribed to the foregoing instrument and acknowledged to me that he executed the same for the purposes and consideration therein expressed. . blo,,~ ~:. MY HAND AND SEAL OF OFFICE, this the Jq day of CRYSTAL N. storr MY COMMISSION EXPIRES August 2, 2llO4 . 8 e I. Exhibit B BYLAWS OF THE LA PORTE REDEVELOPMENT AUTHORITY A Texas Local Government Corporation (Created on behalf of the City of La Porte) Date of Adoption: OEc6'nlie( II ,2000 e . TABLE OF CONTENTS ARTICLE I PURPOSES...... ................................................ ..................................................................... 1 ARTICLE II BOARD OF DIRECTORS ........ .........................;....................................................... ..... ... .... 2 Section 1. Appointment, Classes, Powers, Number, and Term of Office .............................2 Section 2. Meetings of Directors ......................................................................................... 3 Section 3. Annual Meetings . ..................................................................................... ... .......3 Section 4. Regular Meetings ............................................................................................... 3 Section 5. Special and Emergency Meetings......... ........................... :.......: ..........................3 Section 6. Quorum...........;..................................... .............................................................4 Section 7. Conduct of Business ................ ................ ........... ........... ............ ........................ 4 Section 8. Executive Committee, Other Committees ................................. .......................... 4 Section 9. Compensation of Directors ......................................:..........................................5 Section 10. Director's Reliance on Consultant Information.................. ........ ........................... 5 ARTICLE III OFFICERS. ....... ........................ ................... .......... .............. ........... ......... ........................... 5 Section 1. Tdles and Term of Office .................................................................................... 5 Section 2. Powers and Duties of the Chairperson ...............................................................5 Section 3. Powers and Duties of the Vice Chairperson...... ............. .......... ........................... 6 Section 4. Powers and"Duties ofthe President.................................................................... 6 Section 5. Vice Presidents...... ......... ............... ........................ ............................................6 Section 6. Treasurer ....... ................................................. ............... ........................ ..... .... ... 6 Section 7. Seaetary .............................................................. .............................................6 Section 8. Compensation......................................................... ....... .......... ..........................7 Section 9. Offic:trs Reliance on Consultant Information ......................;............................... 7 ARTICLE IV MISCELLANEOUS PROVISIONS ....................................................................................... 7 Section 1. Fiscal Year and Audits .......................................................................................7 Section 2. Seal.................... ... ....... ................................. .................. .................... ... ..... ....... 8 Section 3. Notice and Waiver of Notice ............................................................................... 8 Section 4. Resignations .... ... ....... ... ......... ................................................................ ..... .......8 Section 5. Gender.......................................... ..................................................................... 8 Section 6. ApptOpriations and Grants.................................................................................. 8 ARTICLE V INDEMNIFICATION OF DIRECTORS AND OFFICERS ....................................................... 8 Section 1. Section 2. Section 3. Section 4. Section 5. Section 6. Section 7. Section 8. Right to Indemnification.. ........... ......................................................................... 8 Advance Payment.................................... ........... ............. .................................. 9 Indemnification of Employees and Agents ..........................................................9 Appearance as a Witness....... ................................................................ ....... ..... 9 Non-exc/usivity of Rights ............................................................................. ..... 10 Insurance .................................... ........ ............... ....................... ..... .................. 10 Notification.. ........... ................. ......................... ..................... ....; ....................... 10 Savings Clause...... ........... .............. ..................... .....:...................................... 10 ARTICLE VI PROVISIONS RELATING TO MINORITY CONTRACTING............................................... 10 ARTICLE VII CODE OF ETHiCS..... ......... ....... ..................................... ......................... ...... .................. 11 Section 1. Policy and Purposes ............................................................................ 11 Section 2. Connicts of Interest ..............................................................................11 Section 3. Acceptance of Gifts ............................................................................. 12 Section 4. Bribery................ ......... ............... ............ ........... ......... ............ ............. 12 Section 5. Nepotism.................................. ....... ....................... ............................. 13 ARTICLE VI II AMENDMENTS ........ ........ ................... ............................... .................... ......................... 13 e e ARTICLE I PURPOSES The La Porte Redevelopment Authority (the "Authority") is organized for the purpose of aiding, assisting, and ading on behalf of the City of La Porte, Texas (the "City") in the performance of its governmental functions to promote the common good and general welfare of the area included in Reinvestment Zone Number One, City of La Porte, Texas (the "La Porte Reinvestment Zone") and neighboring areas in La Porte (the II La Porte Area"); to promote, develop, encourage and maintain housing, educational facilities, employment, commerce and economic development in the City. The Authority is further organized to aid, assist and ad on behalf of the City and the Board of Directors of the La Porte Reinvestment Zone: (a) in the implementation of the Project Plan and a Financing Plan for the La Porte Reinvestment Zone and the preparation and implementation of amendments thereto; (b) in the development of a policy to finance development and redevelopment of residential, public and commercial properties in the La Porte Area; and (c) in the development and implementation of a redevelopment policy for the La Porte Area, including the acquisition of land for redevelopment purposes. The Authority is formed pursuant to the provisions of the Act as it now or may hereafter be amended, and Chapter 394, Local Government Code, which authorizes the Authority to assist and act on behalf of the City and to engage in adivities in the furtherance of the purposes for its creation, provided that the Authority shall not be authorized to make or acquire home mortgages, or to make loans to lending institutions, the proceeds of which are to be used to make home mortgages or to make loans on residential developments. The Authority shall have and exercise" all of the rights, powers, privileges, authority, and functions given by the general laws of Texas to non-profit corporations incorporated under the Ad including, without limitation, Article 1396, Vernon's Texas Civil Statutes. The Authority shall have all other powers of a like or different nature not prohibited by law which are available to non-profit corporations in Texas and which are necessary or useful to enable the Authority to perform the purposes for which it is created, including the power to issue bonds, notes or other obligations, and otherwise exercise its borrowing power to accomplish the purposes for which it was created, provided that the Authority shall not issue bonds without the consent of the City Council of the City. The Authority is created as a local government corporation pursuant to the Act and shall be a governmental unit within the meaning of Subdivision (2), Section 101.001, Texas Civil Practice and Remedies Code. The operations of the Authority are governmental and 1 e e not proprietary fundions for purposes of the Texas Tort Claims Ad, Sedion 101.001 et seq., Texas Civil Pradice and Remedies Code. The Authority shall have the power to acquire land in accordance with the Act as amended from time to time. ARTICLE II BOARD OF DIRECTORS Section 1. Appointment, Classes, Powers, Number, and Term of Office. All powers of the Authority shall be vested in the Board of Directors (the "Board"). The Board shall initially consist of nine (9) persons. ' The Directors of the Board shall be increased to the number of directors on the board of the La Porte Reinvestment Zone in the event such board is increased to more than nine (9) directors. Diredors of the Authority shall be appointed by position to the Board by the Mayor of the City with the consent and approval of City Council and shall be the same persons appointed to the corresponding position of the board of the La Porte Reinvestment Zone. Appointment of a person to the corresponding position of the board of the La Porte Reinvestment Zone shall constitute appointment of such person to the corresponding position of the Board by the City. Each taxing unit that appoints a diredors to the La Porte Reinvestment Zone shall be assigned a position number on the Board corresponding to the position number of that taxing unit appointee on the board of the La Porte Reinvestment Zone. Appointment of a person to the corresponding position of the board of the La Porte Reinvestment Zone by any taxing unit shall constitute nomination of such person to the corresponding position ~ the Board by such taxing unit. The Mayor of the City shall always appoint the Chairman of the Board. Each Director shall serve for a term which expires on the date set forth below for the position to which such person was appointed, or until his or her successor is appointed by the City unless such Diredor has been appointed to fill an unexpired term in which case the term of the Director shall expire on the expiration date of the term of the Diredor whose, position he or she was appointed to fill. Any Director may be removed from office at any time, with or without cause, by the City Council. The number of Directors may only be increased or decreased by an amendment to the Bylaws with the consent of the City Council of the City. The term of each position shall be coterminous with the term of the corresponding position on the board of the La Porte Reinvestment Zone as established by City Ordinance 99-2325 as may be amended from time to time. The following persons, or their designee, shall serve as an ex-dficio, non-voting members of the Board. (1) City Manager;, (2) Assistant City Manager . . 2 e e (3) Diredor of Finance; and (4) City Attorney; Any person designated as an ex-officio member of the Board is entitled to notice of and to attend meetings of the Board. In addition, the Board of Directors of the Authority may designate one or more representatives of the La Porte Independent School Distrid, Harris County or other political subdivisions as ex officio, non-voting members of the ~oard of Dir~dors. Section 2. Meetings of Directors. The Directors may hold their meetings and may have an office and keep the books of the Authority at such place or places within the City as the Board may from time to time determine; provided, however, in the absence of any such determination, such place shall be the registered office of the Authority in the State of Texas. The Board shall meet in accordance with and file notice of each meeting of the Board for the same length of time and in the same manner and location as is required of a City under Chapter 551, Government Code (the "Open Meetings Act"). The Authority, the Board, and any committee of the Board exercising the powers of the Board are subjed to Chapter 552, Government Code (the "Open Records Act"). Section 3. Annual Meetings. The annual meeting of the Board shall be held at the time and at the location in the City designated by the resolution of the Board for the purposes of transading such business as may be brought before the meeting. Section 4. Regular Meetings. Regular meetings of the Board shall be held at such times and places in the City as shall be designated, from time to tim$, by resolution of the Board. Section 5. Special and Emergency Meetings. Special and emergency meetings of the Board shall be held whenever called by the Chairperson of the Board or the Secretary or by a majority of the Directors who are serving duly appointed tenns of office at the time the meeting is called. The Secretary shall give notice of each special meeting in person, by telept'1one, fax, mail or telegraph at least three (3) days before the meeting to each Diredor and to the public in compliance with the Open Meetings Act. Notice of each emergency meeting shall also be given in the manner required of the City under Sedion 551.045 of the Open Meetings Act. Unless otherwise indicated in the notice thereof, any and all matters pertaining to the purposes of the Authority may be considered and aded upon at a special or emergency. meeting. At any meeting at which every Director shall be present, even 3 e e though without any notice, any matter pertaining to the purposes of the Authority may be considered and aded upon to the extent allowed by the Open Meetings Act Section 6. Quonim. A majority of the appointed position of the Board shall constitute a quorum for the consideration of matters pertaining to the purposes of the Authority. If at any meeting of the Board there is less than a quorum present, a majority of those present may adjourn the meeting from time to time. The ad of a majority of the Directors present and voting at a meeting at which a qu~rum is in attendance shall constitute the act of the Board, unless the act of a greater number is required by law, by the . Articles of Incorporation, or by these Bylaws. , A Director who is present at a meeting of the Board at which any corporate action is taken shall be presumed to have assented to such action unless his dissent shall be entered in the minutes of the meeting or unless he shall file his written dissent to such action with the person ading as the secretary of the meeting before the adjournment thereof or shall forward' such dissent by registered mail to thE;) Secretary of the Authority immediately after the adjournment of the meeting. Such right to dissent shall not apply to a Director who voted in favor of the adion. Section 7. Conduct of Business. At the meetings of the Board, matters pertaining to the purposes of the Authority shall be considered in such order as from time to time the Board may determine. At all meetings of the Board, the Chairperson shall preside, and in the absence of the Chairperson, the Vice Chairperson shall preside. In the absence of the Chairperson and the Vice Chairperson, the Board from among the Directors present shall choose a chairperson. The Secretary of the Authority shall act as secretary of all meetings of the Board, but in the absence of the Secretary, the presiding officer may appoint any person to act as secretary of the meeting. Section 8. Executive Committee, Other Committees. The Board may, by resolution passed by a majority of the Directors, designate three (3) or more Directors to constitute an executive committee or other type of committee. To the extent provided in the authorizing resolution, a committee shall have and may exercise all of the authority of the Board in the management of the Authority, except where adion of the Board is specified by statute. A committee shall ad in the manner provided in the authorizing resolution. Each committee so designated shall keep regular minutes of the transadions of its meetings and shall cause such minutes to be recorded in books kept for that purpose in the office of the Authority, and shall report the same to the Board from time to time. Committees authorized to exercise the powers of the Board shall give notice of any meeting in the manner required for a meeting of the Board. Section 9. Compensation of Directors. Directors, as such, shall not receive any 4 e e salary or compensation for their services as Directors; provided, that nothing contained herein shall be construed to preclude any Director from receiving compensation which is not excessive and which is at commercially reasonable rates for personal services (rendered in other than a "Diredor" capacity) which are reasonable and necessary in carry- ing out the Authority's purposes. . Section 10. Director's Reliance on Consultant Information. A Director shall not be liable if while acting in good faith and with ordinary care, he relies on information, opinions, reports, or statements, induding financial statements and other financial data, concerning the Authority or another person, that were prepared or presented by: '(a) one or more other officers or employees of the Authority; (b) legal counsel, public accountants, or other persons as to matters the officer reasonably believes are within the person's professional or expert cOmpetence; or . , (c) a committee of the Board of which the Director is not a member. ARTICLE III OFFICERS Section 1. Tdles and Term of Office. The officers of the Authority shall be a chairperson of the Board, one or more vice chairpersons of the Board, a president, one or more vice presidents, a secretary, a treasurer, and such other officers as the Board may from time to time eled or appoint. One person may hold more than one office, except that neither the Chairperson of the Board nor the President shall hold the office of Secretary. The term of office for each officer (other than the Chairperson) shall be two (2) years com- mencing with the date of the annual meeting of the Board at which each such officer is elected. The Chairperson shall serve for the term designated by the Mayor of the City. All officers (other than the Chairperson and the President) shall be subject to removal, with or without cause, at any time by a vote of a majority of the whole Board. A vacancy in the office of any officer (other than the Chairperson and the President) shall be filled by the Board. Section 2. Powers and Duties of the Chairperson. The Chairperson shall be a member of the Board and shall preside at all meetings of the Board. The Mayor of the City shall designate the Chairperson. He or she shall have such duties as are assigned by the Board. The Chairperson may call special or emergency meetings. of the Board. The Chairperson shall also, serve as the President. 5 e e Section 3. Powers and Duties of the Vice Chairperson. The Vice Chairperson shall be a member of the Board. The Vice Chairperson shall perform the duties and exercise the powers of the Chairperson upon the Chairperson's death, absence, disability, or resignation, or upon the Chairperson's inability to perform the duties of his or her office. Any action taken by the Vice Chairperson in, the performance of the duties of the Chairperson shall be conclusive evidence of the absence or inability to ad of the Chairperson at the time such adion was taken. The Vice Chairperson shall also serve as a Vice President. Section 4. Powers and Duties of the President. The President shall be the principal executive officer of the Authority anq, subject to the Board, he or she shall be in general charge of the properties and affairs of the Authority. In furtherance of the purposes of the Authority and subject to the limitations contained in the Articles of Incorporation, the President, Chairperson, or Vice Chairperson may sign and execute all bonds, notes, deeds, conveyances, franchises, assignments, mortgages, notes, contracts and other obligations in the name of the Authority. Section 5. Vice President. A Vice President shall have such powers and duties as may be assigned to him or her by the Board or the President, including the performance of the duties of the President upon the death, absence, disability, or resignation of the President, or upon the Presidenfs inability to perform the duties of his or her office. Any adion taken by the Vice President in the performance of the duties of the President shall be conclusive evidence of the absence or inability to act of the President at the time such action was taken. Section 6. Treasurer. The Treasurer shall have custody of all the funds and securitie~ of the Authority, which come into his or her hands. When necessary or proper, he or she may endorse, on behalf of the Authority, for Collection, checks, notes and other obligations and shall deposit the same to the credit of the Authority in such bank or banks or depositories as shall be designated in the manner prescribed by the Board; he or she may sign all receipts and vouchers for payments made to the Authority, either alone or jointly with such other officer as is designated by the Board; whenever required by the Board, he or she shall render a statement of his or her case account; he or she shall enter or cause to be entered regularly in the books of the Authority to be kept by him or her for that purpose full and accurate accounts of all moneys received and paid out on account of the Authority; he or she shall perform all acts incident to the position of Treasurer subject to the control of the Board; and he or she shall, if required by the Board, give such bond for the faithful discharge of his or her duties in such form as the Board may require. The Treasurer shall also ad as Secretary. Section 7. Secretary. The Secretary shall keep the minutes of all meetings of the Board in books provided for that purpose; he or she shall attend to the giving and serving of all notices; in furtherance of the purposes of the Authority and subjed to the limitations contained in the Articles of Incorporation, he or she may sign with the President in the name of the Authority and/or attest the signatures thereof, all contracts, conveyances, 6 e .e franchises, bonds, deeds, assignments, mortgages, notes and other instruments of the Authority; he or she shall have charge of the Authority's books, records, documents and instruments, except the books of account and financial records and securities of which the Treasurer shall have custody and charge, and such other books and papers as the Board may direct, all of which shall at all reasonable times be open to the inspection of any Director upon application at the office of the Authority during business hours; and, he or she shall in general perform all duties incident to the office of Secretary subjed to the control of the Board. Section 8. Compensation. Officers may be entitled to receive such salary or compensation for personal services, which are necessary, and reasonable in carrying out the Authority's purposes as the Board may from time to time determine, provided, that in no event shall the salary or compensation be excessive. Board members, even in their capacity as officers, are not entitled to compensation except as otherwise provided in Article II, Section 9. Section 9. Officets Reliance on Consultant Information. In the discharge of a duty imposed or power conferred on an officer of the Authority, the officer may in good faith and with ordinary care rely on information, opinions, reports, or statements, including financial statements and other financial data, concerning the Authority or anbther person, that were prepared or presented by: (a) one or more other officers or employees of the Authority, including members of the Board; or . (b) legal counsel, public accountants, or other persons as to matters the officer reasonably believes are within the person's professional or expert competence. ARTICLE IV MISCELLANEOUS PROVISIONS Section 1. Fiscal Year and Audit. The fiscal year of the Authority shall begin October 1 of each year. At the end of each fiscal year (beginning with the fiscal year or fraction thereof during which this Agreement is executed), the Authority will have at its own expense an.audit prepared by an independent Certified Public Accountant for that fiscal year that shall be submitted to the Authority, the Zone and the City within one hundred twenty (120) days after the end of the fiscal year. The Authority shall furnish copies of the audit withol:Jt cost to the City and the Zone Board. Section 2. Seal. The seal of the Authority shall be the Board may approve such as from time to time. 7 e e, Section 3. Notice and Waiver of Notice. Whenever any notice other than public notice of a meeting given to comply with the Open Meetings Act, is required to pe given under the provisions of these Bylaws; such notice shall be deemed to be sufficient if given by depositing the same in a post office box in a sealed postpaid wrapper ad,dressed to the person entitled thereto at his or her post offiCe address, as it appears on the books of the Authority, and such notice shall be deemed to have been given on the day of such mailing. A waiver of notice, signed by the person or persons entitled to said notice, whether before or after the time stated therein, shall be deemed equivalent thereto. Section 4. Resignations. Any Director or officer may resign at any time. Such resignations shall be made in writing and shall take effect at the time specified therein, or, if no time be specified, at the time of its receipt by the President or Secretary. The , acceptance of a resignation shall' not be necessary to make it effective, unless expressly so provided in the resignation. Section 5. Gender. References herein to the masculine gender shall also refer to the feminine in all appropriate cases and vice versa. Section 6. Appropriations and Grants. The Authority shall have the power to request and accept any appropriation, grant, contribution, donation, or other form of aid from the federal government, the State, any political subdivision, or municipality in the State, or from any other source. ARTICLE V INDEMNIFICATION OF DIRECTORS AND OFFICERS Section 1. Right to Indemnification. Subject to the limitations and conditions as provided in this Article V and the Articles of Incorporation, each person who was or is made a party. or is threatened to be made a party to or is involved in any threatened, pending or completed action, suit or proceeding, whether civil, criminal, administrative, arbitrative or investigative (hereinafter a "proceedingll), or any appeal in such a proceeding or any inquiry or investigation that could lead to such a proceeding, by reason of the fact that he or she, or a person of whom he or she is the legal representative, is or was a Oiredor or officer of the 'Authority or while a Oiredor or officer of the Authority is or was serving at the request 9f the Authority as a diredor, officer, partner, venturer, proprietor, trustee, employee, agent or similar functio~ary of another foreign or domestic corporation, partnership, joint venture, sole proprietorship, trust, employee benefit plan or other enterprise shall be indemnified by the Authority to the fullest extent permitted by the Texas Non-Profit Corporation Ad, as the same exists or may hereafter be amended (but, in the GSse of any such amendment, only to the extent that such amendment permits the Authority to provide broader indemnification rights than said law permitted the Authority to provide prior to such amendment) against judgments, penalties (including excise and similar taxes' and puni~ye damages), fines, 8 . . settlements and reasonable expenses (including, without limitation, attorneys' fees) actually incurred by such person in connection with such proceeding, and indemnification under this Article V shall continue, as to a person who has ceased to serve in the capacity which initially entitled such person to indemnity hereunder. The rights granted pursuant to this Article V shall be deemed contrad rights, and no amendment, modification or repeal of this Article V shall have the effect of limiting or denying any such rights with respect to actions taken or proceedings arising prior to any such amendm.ent, modification or repeal. It is expressly .acknowledged that the indemnification provided in this Article V could involve indemnification for negligence or under theories of strid liability. Section 2. Advance Payment. The right to i~demnification conferred in this Article V shall include the right to be paid in advance or reimbursed by the Authority the reasonable expenses incurred by a person of the type entitled to be indemnified under Section 1 who was, is or is threatened to be made a named defendant or respondent in a proceeding in advance of the final disposition of the proceeding and without any determination as to the person's ultimate entitlement to indemnification; provided, however, that the payment of such expenses incurred by any such person in advance of the final disposition of a proceeding, shall be made only upon delivery to the Authority of a written affirmation by such Diredor or officer of his or her good faith belief that he or she has met the standard of conduct necessary for indemnification under this Article V and a written undertaking, by or on behalf of such person, to repay all amounts so advanced if it shall ultimately be determined that such indemnified person is not entitled to be indemnified under this Article V or otherwise. Section 3. Indemnification of Employees and Agents. The Authority, by adoption of a resolution of the Board, may indemnify and advance expenses to an employee or agent of the Authority to ,the same extent and subject to the same conditions under which it may indemnify and advance expenses to Directors and officers under this Article V; and the Authority may indemnify and advance expenses to persons who are not or were not Diredors, officers, employees or agents of the Authority but who are or were serving at the request of the Authority as a Director, officer, partner, venturer, proprietor, trustee, employee, agent or similar fundionary of another foreign or domestic corporation, partnership, joint venture, sole proprietorshOip, trust, employee benefit plan or other enterprise against any liability asserted against him or her and incurred by him or her in such a capacity or arising out of his or her status as such a person to the same extent that it may indemnify and advance expenses to Directors under this Article V. Section 4. Appearance as a Witness. Notwithstanding any other provision of this Article V, the Authority shall payor reimburse expenses incurred by a Director or officer in connection with his or her appearance as a witness or other participation in a proceeding involving the Authority or its business at a time when he or she is not a named defendant or respondent in the proceeding. Section 5. Non-exclusivity of Rights. The right to indemnification and the advanC?8ment and payment of expenses conferred In this Article V shall not be exclusive of 9 e e. any other right which a Director or officer or other person indemnified pursuant to Section 3 of this Article V may have or hereafter acquire under any law (common or statutory), provision of the Articles of Incorporation of the Authority or these Bylaws, agreement, vote of shareholders or disinterested Directors or otherwise. Section 6. Insurance. The Authority may purchase and maintain insurance, at its expense, to protect itself and any person who is or was serving as a Director, officer, employee or agent of the Authority or is or was serving at the request of the Authority as a ' Director, officer, partner, venturer, proprietor, trustee, employee, agent or similar fundionary of another foreign or domestic corporation, partnership, joint venture, proprietor- ship, employee benefit plan, trust or other enterprise against any expense, liability or loss, whether or not the Authority would have the power to indemnify such person against such expense, liability or loss under this Article V. Section 7. Notification. Any in~emnification of or advance of expenses to a Director or officer in accordance with this Article V shall be reported in writing to the members of the Board with or before the notice of the next regular meeting of the Board and, in any case, within the 12-month period immediately following the date of the indemnification or advance. . Section 8. Savings Clause. If this Article V or any portion hereof shall be invalidated on any ground by any court of competent jurisdidion, then the Authority shall nevertheless indemnify and hold. harmless each Director, officer or any other person indemnified pursuant to this Article V as ,to costs, charges and expenses (including attorneys' fees), judgments, fines and amounts paid in settlement with resped to any adion, suit or proceeding, whether civil, criminal, administrative or investigative, to the full extent permitted by any applicable portion of this Article V that shall not have been invalidated and to the fullest extent permitted by applicable law. ARTICLE VI PROVISIONS RELATING TO MINORITY CONTRACTING The Authority shall attempt to stimulate the growth of disadvantaged businesses inside the City by encouraging the full participation of disadvantaged businesses in all phases of its procurement adivities and affording those disadvantaged businesses a full and fair opportunity to compete for Authority contrads. The Authority shall establish one or more programs designed to increase participation by disadvantaged businesses in contract awards, which will conform to City approved programs. Any program established by the Authority shall provide that disadvantaged businesses certified by the City shall be the disadvantaged businesses certified for Authority contrads. " ARTICLE VII . 10 . .~ e e CODE OF ETHICS Section 1. Policy and Purposes. (a) It is the policy of the Authority that Directors and officers conduct themselves in a manner consistent with sound business and ethical practices; that the public interest always be considered in conduding corporate business; that the appearance of impropriety be avoided to ensure and maintain public confidence in the Authority; and that the Board establish policies to control and manage the affairs of the Authority fairly, impartially, and without discrimination. (b) This Code of EthicS has been adopted as part of the Authority's Bylaws for the following purposes: (a) to encourage high ethical standards in official condud by Director~ and corporate officers; and (b) to establish guidelines for such ethical standards of condud. Section 2. Conflicts of Interest. (a) Except as provided in subsection (c), a Director or officer is prohibited from participating in a vote, decision, or award of a contract involving a business entity or real property in which the Director or the officer has a substantial interest, if it is foreseeable that the business entity or real property will be economically benefited by the action. A person has a substantial interest in a business (i) if his or her ownership interest is ten percent or more of the voting stock or shares of the business entity or ownership of $15,000 or more of the fair market value of the business entity, or (ii) if the b'usiness entity provides more than ten percent of the person's gross income. A person has a substantial interest in real property if the interest is an equitable or legal ownership with a fair market value of $2,500 or more. An interest of a person related in the second degree by affinity or the third degree by consanguinity to a Director or officer is considered a substantial interest. (b) If a Diredor or a person related to a Diredor in the first or second degree by affinity or the first, second, or third degree by consanguinity has a substantial interest in a business entity or real property that would be pecuniarily affected by any official action taken by the Board, such Director, before a vote or decision on the matter, shall file an affidavit stating the nature and extent of the interest. The affidavit shall be filed with the Secretary of the Board. (c) A Director who has a substantial interest in a business entity that will receive a pecuniary benefit from an action of the Board may vote on that action if a majority of the Board has a similar interest in the same adion or if all other similar business entities in the Authority will receive a similar pecuniary benefit. (d) An employee of a public entity may serve on the Board. Section 3. Acceptance of Gifts. No Diredor or officer shall accept any benefit as 11 e e consideration for any decision, opinion, recommendation, vote or other exercise of discretion in carrying out official acts for the Authority. No Director or officer shall solicit, accept, or agree to accept any benefit from a person known to be interested in or likely to become interested in any contract, purchase, payment, claim or transaction involving the exercise of the Director's or officer's discretion. As used here, "benefit" does not include: (a) a' fee prescribed by law to be received by a Director or officer or any other benefit to which the Diredor or officer is lawfully entitled or for which he gives legitimate consideration in a capacity other than as a Director or officer; (b) a gift or other benefit conferred on account of kinship or a personal, profes- sional, or business relationship independent of the official status of the Director or officer; (c) an honorarium in ~nsideration for legitimate services rendered above and beyond official duties and responsibilities if: ' (1) not more than one honorarium is received from the same person in a calendar year; (2) not more than one honorarium is received for the same service; and (3) the value of the honorarium does not exceed $250 exclusive of reimbursement for travel, food, and lodging expenses incurred by the Diredor or officer in performance of the services; (d) a benefit consisting of food, lodging, transportation, or entertainment accepted as a guest and reported as may be required by law. Section 4. Bribery. A Director or officer shalf not intentionally or knowingly offer, confer or agree to confer on another, or solicit, accept, or agree to accept from another: (a) any benefit as consideration for the Diredor's or officer's decision, opinion, recommendation, vote, or other exercise of discretion as a Director or officer; . (b) any benefit as consideration. for the Director's or officer's decision, vote, recommendation, or other exercise of official discretion in a judicial or administrative proceeding; or (c) any benefit as consideration for a violation of a duty imposed by law on the Director or officer. Section 5. Nepotism. No Director or officer shall appoint, or vote for, or confirm the appointment to any office, position, clerkship, employment or duty, of any person related within the second degree by affinity (marriage relationship) or within the third 12 e' e degree of consanguinity (blood relationship) to the Director or officer so appointing, voting or confirming, or to any other Diredor or officer. This provision shall not prevent the ap- pointment, voting for, or confirmation of any person who shall have been continuously employed in any such office, position, clerkship, employment or duty at least 1 year prior to the appointment of the Diredor or officer so '~ppointing or voting. ARTICLE VIII AMENDMENTS A proposal to alter, amend, or repeal these Bylaws shall be made by the affirmative vote of a majority of the full Board at any annual or regular meeting, or at any special meeting if notice of the proposed amendment be contained in the notice of said special meeting. However, any proposed change or amendment to the Bylaws must be approved by the City Council of the City to be effective. " . .' 13 ,#. e e. ORDINANCE NO. 2ooo-JLf5? AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF LA PORTE APPROVING THE APPLICATION TO THE MAYOR AND CITY COUNCIL OF THE CITY OF LA PORTE, TEXAS, FOR CREATION OF THE LA PORTE REDEVELOPMENT AUTHORITY; FINDING COMPLIANCE WITH THE OPEN MEETINGS LAW; AND PROVIDING AN EFFECTIVE DATE HEREOF. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LA PORTE: Section 1. The City Council of the City of La Porte hereby approves the Application to the Mayor and City Council of the City of La Porte, Texas; for creation of the La Porte Redevelopment Authority., c;lnd authorizes the filing of Artic.les of Incorporation creating said La Porte Redevelopment Authority. section 2. The City Council officially finds, determines, recites, and declares that a sufficient written notice of the date, hour, place and subject of this meeting of the City Council was posted at a place convenient to the public at the City Hall of the Ci ty for the time required by law preceding this meeting, as required by the Open Meetings Law, Chapter 551, Texas Government Co~e; and that this meeting has been open to the public as required by law at all times during which this ordinance and the subject matter thereof has been discussed, considered and formally acted upon. The City Council further ratifies, approves and confirms such written notice and the contents and posting thereof. section 3. This Ordinance shall be effective from and after its passage and approval, and it is so ordered. PASSED AND APPROVED, this 11th day of December, 2000. By: CITY OF LA, ~ORTE ; ~ ' ~~I ;f"/1/L rt-PJ' Norman L .- Mal'onEf; Mayor e ATTEST: .. ~(11Lltt},d.. Q. )file) Martha'A. Gillett City Secretary APPROVED: . . . " ,.- 1 ~ ., ./'J" 1M ..',.. ,. ) . ...-? /- . ".J ~'. I .r!r//.1"?! 7;/ ~.~. ..vt\ !.-....... - (,,' .," L/ L.. Knox W. Askins City Attorney e ..- 'J 2 ,.' KNOX W. ASKINS ..JOHN D. ARMSTRONG CHARLES R. HUBER. ..JR. SOARD CERTlf"IED . CIVIL TRIAL LAW TEXAS BOARD OF' LEGAL SPECIALIZATION CLARK T. ASKINS May 31, 2001 . e ASKINS & ARMSTRONG. P. C. ATTORNEYS AT LAW 702 W. FAIRMONT PARKWAY P.O. BOX 1218 LA PORTE. TEXAS 77572-1218 Mr. John Joerns Assistant City Manager city of La Porte city Hall La Porte, Texas Re: The La Porte Redevelopment Authority Secretary of State File No. 1629722-01 Dear John: ,.....- --~.._- -...---....... ! If;) r m [r.; J( ,n }/ _ rL f: ': i I r", ' , ' U1 .! JUN :!t._. 2"'~' .' t.;: n! . :.U I: ( I l .J ! ' ASST. cnJ-!;:ANAGER I (' .-FI~,E .; _ 'TELEPHONE - '281471-1886 TELECOPIER 281 471-2047 I am pleased to enclose' herewith the original Articles of Incorporation, which were filed in the Texas Secretary of State's office on May 18, 2001, under the above file number. These original Articles should be place among the permanent records of this corporation. KWA: sw Enclosure Yours~ery truly, ~ins City Attorney City of La Porte e The State of Texas · Cdrporations Section P.O. Box 13697 Austin, Texas 78711-3697 e Phone: 512-463-5555 Fax: 512-463-5709 TTY (800) 735-2989 WWW.sos.state.tx.us Henry Cuellar, Ph.D. Secretary of State las-ch(ho) May 18, 2001 Knox W. Askins Askins & Armstrong, P.C. 702 W. Fairmont Parkway La Porte, Texas 77572 RE: THE LA PORTE REDEVELOPMENT AUTHORITY Fll.E NUMBER: 1629722-01 The following instrument has been filed in this office: ARTICLES OF INCORPORATION If you enclosed an extra copy of the instrument with your submission we are returning a file stamped copy for your records. Receipt of your remittance in payment of the filing fee is acknowledged by this letter. Should you require further information or assistance, please call (512) 463-5583. Sincerely yours, ~yV.. lDtJ./vr4ff Lorna Wassdorf Deputy Assistant Secretary Statutory Filings Division e e Wlyc ~tatc of Wcxas SECRET AR Y OF STATE CERTIFICATE OF INCORPORATION OF LA PORTE REDEVELOPMENT AUTHORITY FILE NUMBER 1629722 The undersigned, as Secretary of State of Texas, hereby certifies that Articles of Incorporation for the above corporation, duly signed and verified pursuant to the provisions of the Texas Housing Finance Corporations Act, have been received in this office and are found to conform to law. ACCORDINGLY, the undersigned, as such Secretary of State, and by virtue of the authority vested in the Secretary by law, hereby issues this Certificate of Incorporation and attaches hereto a copy of the Articles of Incorporation. Dated: May 18, 2001 ~ 'Henry Cuellar Secretary of State e e OF F!LED I n ~h~ Offic@ o~ the Secretary 01 State of Tte~$ ~AY 18 Z001 ARTICLES OF INCORPORATION THE LA PORTE REDEVELOPMENT AUTHORltCMU1O~~~~~~ SQ~(Qjifb We, the undersigned natural persons, each of whom is at least eighteen (18) years of age or more, and a resident and a qualified voter of the City of La Porte, Texas (the "City") and a citizen of the State of Texas, acting as incorporators of a corporation under the provisions of Subchapter 0 of Chapter 431, Texas Transportation Code (the "Act"), and Chapter 394, Vernon's Texas Codes Annotated, Texas Local Government Code (the "Local Government Code"), do hereby adopt the following Articles of Incorporation for such corporation: ARTICLE I The name of the corporation is LA PORTE REDEVELOPMENT AUTHORITY (the "Authority"). ARTICLE 0 The Authority is a public non-profit corporation. ARTICLE 01 The period of duration of the Authority shall be perpetual. ARTICLE IV The Authority is organized for the purpose of aiding, assisting, and acting on behalf of the City in the performance of its governmental functions to promote the common good and general welfare of the area included in Reinvestment Zone Number One, City of La Porte, Texas (the "La Porte Reinvestment Zone") and neighboring areas, as more particularly described in City Ordinance No. 99-2325 and Ordinance No. 99-2150, and as the boundaries may be amended from time to time (the " Area"); to promote, develop, encourage and maintain housing, educational facilities, employment, commerce and economic development in the City. The Authority is further organized to aid, assist and act on behalf of the City and the Board of Directors of the La Porte Reinvestment Zone: (a) in the implementation of the Project Plan and a Financing Plan for the La Porte Reinvestment Zone and the preparation and implementation of amendments thereto; (b) in the development of a policy to finance development and redevelopment of residential, educational facilities, commercial, and park/open space properties in the La Porte area; and I \ . II' . ( c) in the development and implementation of a redevelopment policy for the La Porte a..ooea, including the acquisition of land for redevelopment purposes. The Authority is formed pursuant to the provisions of the Act as it now or may hereafter be amended, and Chapter 394, Texas Local Government Code, which authorizes the Authority to assist and act on behalf of the City and to engage in activities in the furtherance of the purposes for its creation, provided that the Authority shall not be authorized to make or acquire home mortgages, or to make loans to lending institutions, the proceeds of which are to be used to make home mortgages or to make loans on residential developments. The Authority shall have and exercise all of the rights, powers, privileges, authority, and functions given by the general laws of Texas to non-profit corporations incorporated under the Act including, without limitation, Article 1396, Vernon's Texas Civil Statutes. The Authority shall have all other powers of a like or different nature not prohibited by law which are available to non-profit corporations in Texas and which are necessary or useful to enable the Authority to perform the purposes for which it is created, including the power to issue bonds, notes or other obligations, and otherwise exercise its borrowing power to accomplish the purposes for which it was created, provided that the Authority shall not issue bonds without the consent of the City Council of the City. The Authority is created as a local government corporation pursuant to the Act and shall be a governmental unit within the meaning of Subdivision (2), Section 101.001, Texas Civil Practice and Remedies Code. The operations of the Authority are governmental and not proprietary functions for purposes of the Texas Tort Claims Act, Section 101.001 et seq., Texas Civil Practice and Remedies Code. The Authority shall have the power to acquire land in accordance with the Act as amended from time to time. ARTICLE V The Authority shall have no members and shall have no stock. ARTICLE VI All powers of the Authority shall be vested in a Board composed of the same persons as those appointed to the Board of Directors of the La Porte Reinvestment Zone. An appointment of a director to the La Porte Reinvestment Zone shall constitute an appointment to serve as Director of the Authority. The Authority in accordance with the provisions of the Bylaws may add additional persons to the Board. The Board shall initially consist of nine (9) directors, and the initial directors of the Authority ("Director" or "Directors") shall be those persons named, in Article VIII. Each initial Director named in Article VIII hereof shall serve for the term prescribed in the Bylaws. Subsequent Directors shall be appointed by position to the Board as prescribed in the Bylaws. Except as provided in the Articles of Incorporation, each Director shall serve for the term provided in the Bylaws. Any Director may be removed from office at any time, with or without cause, by the City Council. The initial Chairperson shall be Alton Porter, and the Mayor of the City shall designate each subsequent Chairperson of the Board. 2 II' . The following persons, or their designee, shall serve as an ex-officio, non-voting members of the Board. (1) City Manager; (2) Assistant City Manager (3) Director of Finance; and (4) City Attorney; In addition, the Board of Directors 'of the Authority may designate one or more representatives of the La Porte Independent School District, Hanis County or other political subdivisions as ex officio, non-voting members of the Board of Directors. All other matters pertaining to the internal affairs of the Authority shall be governed by the Bylaws of the Authority, so long as such Bylaws are not inconsistent with these Articles of Incorporation, or the laws of the State of Texas. ARTICLE VII The street address of the initial registered office of the Authority is 604 W. Fairmont Parkway, La Porte, Texas, 77572, and the name of its initial registered agent at such address is John Joerns. ARTICLE vm The number of Directors initially constituting the Board is nine (9). The names, addresses, and positions of the nine (9) initial Directors, each of who resides within the City are as follows: Name and Addre~~ Peggy Antone P.O. Box 1115 La Porte, Texas 77572-1115 Position One Deotis Gay P.O. Box 1115 La Porte, Texas 77572-1115 Position Two Alton Porter, Chairman P.O. Box 1115 La Porte, Texas 77572-1115 Position Three Horace Leopard P.O. Box 1115 La Porte, Texas 77572-1115 Position Four Norman S. Cook P.O. Box 1115 La Porte, Texas 77572-1115 Position Five 3 fill . Lindsay R. Pfeiffer P.O. Box 1115 La Porte, Texas 77572-1115 Position Six David Webb P.O. Box 1115 La Porte, Texas 77572-1115 Position Seven Chester Pool P.O. Box 1115 La Porte, Texas 77572-1115 Position Eight John Black P.O. Box 1115 La Porte, Texas 77572-1115 Position Nine ARTICLE IX The names and street addresses of the incorporators, each of whom resides within the City are as follows: N~me ~nd Addre!Ol!Ol Lindsay R. Pfeiffer P.O. Box 1115 La Porte, Texas 77572-1115 Norman S. Cook P.O. Box 1115 La Porte, Texas 77571 Chester Pool P.O. Box 1115 La Porte, Texas 77572-1115 Horace Leopard P.O. Box 1115 La Porte, Texas 77572-1115 ARTICLE X Resolution No. :AOOD-l't approving the form of these Articles of Incorporation has been adopted by the City Council of the City on j) rLF: 1Y\ 'be r LL--, 2000. 4 ", ARTICLE XI . No Director shall be liable to the Authority for monetary damages for an act or omission in the Director's capacity as a Director, except for liability (i) for any breach of the Director's duty of loyalty to the Authority, (ii) for acts or omissions not in good faith or which involve intentional misconduct or a knowing violation of law, (iii) for any transaction from which the Director received an improper benefit, whether or not the benefit resulted from an act taken within the scope of the Director's office, or (iv) for acts or omissions for which the liability of a Director is expressly provided by statute. Any repeal or amendment of this Article by the Directors shall be prospective only, and shall not adversely affect any limitation on the personal liability of a Director existing at the time of such repeal or amendment. In addition to the circumstances in which a Director is not personally liable as set forth in the preceding sentences, a Director shall not be liable to the fullest extent permitted by any amendment to the Texas statutes hereafter enacted that further limits the liability of a Director. ARTICLE XII In accordance with the provisions of Section 501(c)(3) of the U.S. Internal Revenue Code of 1986, as amended (the "Code"), and regardless of any other provisions of these Articles of Incorporation or the laws of the State of Texas, the Authority: (a) shall not permit any part of the net earnings of the Authority to inure to the benefit of any private individual (except that reasonable compensation may be paid for personal services rendered to or for the Authority in effecting one or more of its purposes); (b) shall not devote more than an insubstantial part of its activities to attempting to influence legislation by lobbyin~or otherwise; (c) shall not participate in, or intervene in (including the publication or distribution of statements), any political campaign on behalf of any candidate for public office; and (d) shall not attempt to influence the outcome of any election for public office or to carry on, directly or indirectly, any voter registration drives. Any income earned by the Authority after payment of reasonable expenses, debt and establishing a reserve shall accrue to the City. The City shall, at all times, have an unrestricted right to receive any income earned by the Authority, exclusive of amounts needed to cover reasonable expenditures and reasonable reserves for future activities. Unless otherwise directed by the City, any income of the Authority received by the City shall be deposited into the Reinvestment Zone Number One, City of La Porte, Texas, Tax. Increment Fund, or its successor. No part of the Authority's income shall inure to the benefit of any private interests. If the Board of Directors determines by resolution that the purposes for which the Authority was formed have been substantially met and all bonds issued by and all obligations incurred by the Authority have been fully paid, the Board shall execute a certificate of dissolution which states those facts and declares the Authority dissolved in accordance with the requirements of Sec- tion 394.026 of Vernon's Texas Codes Annotated, Local Government Code, or with applicable law then in existence. In the event of dissolution or liquidation of the Authority, all assets will be turned over to the Finance and Administration Department of the City, or its successor, for deposit into the Reinvestment Zone Number One, City of La Porte, Texas, Tax. Increment Fund unless the City Council shall otherwise direct. Any capital project(s) of the Authority as well as all plans and specifications of any improvement to be made by the Authority shall be approved by the Director of the Department of Public Works and Planning ofthe City. 5 - . ARTICLE XIII If the Authority is a private foundation within the meaning of Section 509(a) of the Code, the Authority: (a) shall distribute its income for each taxable year at such time and in such manner as not to become subject to the tax on undistributed income imposed by Section 4942 of the Code; (b) shall not engage in any act of self-dealing as defined in Section 4941 (d) of the Code; (c) shall not retain any excess business holdings as defined in Section 4943{ c) of the Code; (d) shall not make any investments in such manner as to subject it to tax under Section 4944 of the Code; and (e) shall not make any taxable expenditures as defined in Section 4945(d) of the Code. ARTICLE XIV The City Council may at any time consider and approve an ordinance directing the Board to proceed with the dissolution of the Authority, at which time the Board shall proceed with the dissolution of the Authority in accordance with applicable state law. The failure of the Board to proceed with the dissolution of the Authority in accordance with this Section shall be deemed a cause for the removal from office of any or all of the Directors as permitted by Article VI of these Articles of Incorporation. ARTICLE XV These Articles may not be changed or amended unless approved by the City Council of the City. . I ~ WITNESS WHEREOF, we have hereunto ~2000. 6 .. . '" . THE STATE OF TEXAS GOUNTY OF HARRIS BEFORE ME, the undersigned authority, on this day personally appeared L nJ ~. P16ffef known to me to be the person whose name is subscribed to the foregoing instrument=dnd acknowledged to me that she executed the same for the purposes and consideration therein expressed. t~~":"",~ \.;: l = .... , -at... (Sr: '\L) THE STATE OF TEXAS CRYSTAL N. SCOTT MY COMMISSION EXPIRES August 2, 2004 SEAL ~F ;;;' ;;;e a~ Nolaly euc in and for The State of Texas day of GIVEN UNDER MY HAND AND ~D{' mbtLY'" . 2000. COUNTY OF HARRIS BEFO~ ~, the un~erSign~~ ~u~o~ty, on this day personally appearedM,(m4n S. CoPt.. known to me to be the person whose name is subscribed to the foregoing instrument and acknowledged to me that he executed the same for the purposes and consideration therein expressed. tt~ ~ ( CRYSTAL N. SCOTT MY COMMISSION EXPIRES August 2, 2004 SEAL OF OFFICE, this the~ day of N~~;O!dJf1 The State of Texas GIVEN UNDER MY HAND AND ~ 1lY\m. r"" . 2000. THE STATE OF TEXAS COUNTY OF HARRIS BEFORE ME, the undersigned authority, on this day personally appeared (!hesfe ~ pqo I known to me to be the person whose name is subscribed to the foregoing instrument and acknowledged to me that he executed the same for the purposes and consideration therein expressed. .. L. qIVEN UNDER MY HAND AND SEAL OF OFFICE, this the a q day of I'JCN tl1Lb e. (L . 2000. (C' A T '\ ~.....,~,. ~< ,-~\ f.. ~: i~. ..~j '\:.,.", ..... Hr... CRYSTAL N. SCOTT MY COMMISSION EXPIRES August 2, 2004 7 . . .0.... .' ,.: ~ . . . - . THE STATE OF TEXAS " COUNTY OF HARRIS BEFORE ME, the undersigned authority, on this day personally appearedlkw-f.lt.e. kopt,rd known to me to be the person whose name is subscribed to the foregoing instrument and acknowledged to me that he executed the same for the purposes and consideration therein expressed. hk,,~ ~:. MY HAND AND SEAL OF OffiCE, this the ~q day of (s T ~ii!I'~!'''' ~. ~ .. " !*: :*5 .. ~~i ....,;A;,.~ ,Rt.,~,,~ CRYSTAL N. SCOTT MY COMMISSION EXPIRES AugIlSt 2, 2llO4 8 F~Ot,1 =.R::;;KINS RND RRMSTRONG . 281 471 212147 2121121.-24 1219:1217 #251 P.1212/1212 , .. '. . SWORN TO AND SUBSCRIBED BEFORE ME, the undersigned authority, by LINDSAY R. PFEIFFER, on this the 29 day of November, 2000. CRYSTAL N. SCOTT MY COMMISSION EXPIRES AilgU812.l!CllM SWORN TO AND SUBSCRIBED BEFORE ME, by NORMAN S. COOK, on this the 29th da the undersigned authority, of November, 2000. .~ Y Public, state of Texas e CRYSTAL N. SCOTT MY COMMISSION EXPIRES Aupt2, .. SWORN TO AND SUBSCRIBED BEFORE ME, the undersigned authority, by CHESTER POOL, on this the 29th day November, 2000. Texas ~ ~ CRVSTALN. SCOff MY COMMISSION EXPIRES Augual2, 2flO4 by SWORN TO AND SUBSCRIBED BEFORE ME, the undersigned authority, HORACE LEOPARD, on this the 29th~Vembe~~ Not y PUbl~ State of Texas e~ . ~ it' CffiSTAL N. SCOTT MY COMMISSION EXPIRES AuguIl2, I!OD4 9