R-1984-02 - Laserfiche WebLink

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.- . . 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"), authorizes cities, counties or hospital districts to create nonmember, nonstock, public corporations for the sole pur- pose of acquiring, constructing, providing, improving, financing and refin- ancing health facilities, as defined in the Act, in order to assist the maintenance of the public health, with powers, among others, to issue bonds and to loan the "proceeds of the sale of such bonds to finance the acquisition, construction, and improvement of facilities found by the boards of directors 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 (the "City") to approve articles of incorporation and bylaws for such a corporation, to appoint the directors of such a corporation, and, in the sole discretion of the Governing Body, to 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 States relating to the impairment of con- tracts entered into by such corporation; I WHEREAS, the Governing Body has reviewed the proposed Articles of Incorporation 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 that a health facilities development corporation be created under the Act to promote new, expanded or improved health facilities in order to assist the maintenance of the public health 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 determines that a health facilities development corporation be authorized and created, with such health facilities development corporation to be known as the "City of La Porte Health Facilities Development Corporation" (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 this Resolution and made a part hereof for all pur- poses); hereby grants authority for the incorporation of the Issuer; and hereby appoints Virginia Cline W. R. Sprinqall Jeny Dermis E. W. Felscher John IDngley Robert A. White. r. , and the initial directors of the Issuer. Jack Iawler