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HomeMy WebLinkAboutResolution AllianceAirport Authority (AAA) AAA-2017-01 RESOLUTION NO. AAA-2017-01 ALLIANCEAIRPORT AUTHORITY,INC. RESOLUTION OF THE BOARD OF DIRECTORS Appointing Robert Sturns as an Authorized Signatory Agent of the A Man ceAirport Authority,Inc. WHEREAS, Article VIII of the Articles of Incorporation of the AllianceAirport Authority, Inc., (the "Corporation") and Article II, Section 2.03 of the Bylaws of the Corporation authorize the Board of Directors (the "Board") to exercise all of the powers of the Corporation; and WHEREAS, in order to increase administrative efficiency, the Board wishes to appoint Robert Sturns as an authorized signatory agent of the Corporation; NOW, THEREFORE, BE IT RESOLVED that Robert Sturns is hereby appointed as an authorized signatory agent of the Authority and, from and after the effective date of this Resolution, may sign and execute all bonds, deeds, conveyances, franchises, assignments, mortgages, notes, contracts, and other obligations in the name of the Authority and be an authorized signatory agent of the Authority's Bank Accounts; FURTHER RESOLVED, that this Resolution shall take effect immediately upon its adoption; and FURTHER RESOLVED, the authority granted herein shall expire automatically upon any separation of employment with the City of Fort Worth, including retirement, by Robert Sturns; and FURTHER RESOLVED,the Board by Resolution may, at any time and for any reason, revoke the authority granted herein; and FURTHER RESOLVED,that the Secretary or any Assistant Secretary of the Authority is hereby authorized and directed to certify the adoption of this Resolution. Adopted this 201h day ne, 2017. i ecr