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HomeMy WebLinkAboutR-1983-05 , ;~ --. . . ~,; . '\ RESOLUTION NO. 83~ (7e 'I'" : c.. ~ "" '( " ;~~! RESOLUTION AUTHOR I ZING, APPROVING AND REQUESTING THE AMENDMENT OF THE ARTICLES OF INCORPORATION OF THE SOUTHEAST TEXAS HOUSING FINANCE CORPORATION WHEREAS, pursuant to Section 8 of Article 12691-7 of the Revised Civil Statutes of the State of Texas, the board of direc- tors of The Southeast Texas Housing Finance Corporation (the "Corporation") has made application in writing to the City Council of the City of La Porte , Texas (the "City Council") requesting that the City Council authorize, approve and request that the articles of incorporation of the Corporation be amended and restated in the form attached hereto as Exhibit A; and WHEREAS, the City Council has determined, upon its own motion, to adopt the following resolution; NOW, therefore, be it resolved by the City Council of the City of La Porte , Texas: That, having con.sidered the application of the board of directors of the Corporation, the City Council officially finds, determines, recites and declares that it is wise, expedient, necessary and advisable that the articles of incorporation of the Corporation be amended and restated, and that the form of such amendments and restated articles attached hereto as Exhibit A be, and it hereby is, approved, adopted and ratified; and That the board of directors and officers of the Corpora- tion be, and they hereby are, authorized and directed to do and to perform, or to cause to be done and performed, in the name and on behalf of the Corporation, such acts and to execute, deliver and file, all such documents necessary in order to effectuate the amendment and restatement of the Corporation I s articles of incorpora- tion. PASSED AND APPROVED this /6~ day Of~, 1983. ATTEST: ~~ 4.'101 ~ ) ~Seal)