HomeMy WebLinkAboutResolution Fort Worth Housing Finance Corporation (FWHFC) FWHFC-2021-08RESOLUTION NO. FWHFC-2021-08
A RESOLUTION APPOINTING THE ASSISTANT GENERAL MANAGER OR HIS OR
HER DESIGNEE AS AN ASSISTANT TREASURER FOR THE HOUSING FINANCE
CORPORATION
WHEREAS, the City Council of the City of Fort Worth ("City") approved the formation of
the Fort Worth Housing Finance Corporation (the "Corporation") pursuant to Chapter 394, Texas
Local Government Code, and the Corporation's Articles of Incorporation which were filed with the
Texas Secretary of State on December 27, 1979 and were thereafter amended in 1982 and 1996;
WHEREAS, the Corporation's Bylaws, as amended, (the `Bylaws") include a list of the
officers, managers, and administrators for the Corporation;
WHEREAS, Section 4.06 of the Bylaws provides for a Treasurer who shall perform certain
functions for the Corporation, such as endorsing checks and other obligations for deposit into the
Corporation's accounts, signing all receipts and vouchers for payments made to the Corporation,
and other various duties as defined therein;
WHEREAS, the Bylaws also provide that the Board of Directors may appoint one or more
persons to serve as an Assistant Treasurer who can perform any duty granted to the Treasurer in the
Bylaws;
WHEREAS, it has been the practice of the Corporation to have the Assistant General
Manager of the Corporation or his or her designee act as an Assistant Treasurer for the Corporation;
and
WHEREAS, the Board now desires to memorialize this practice and appoint the Assistant
General Manager of the Corporation, which shall include any designee of the same, as an Assistant
Treasurer for the Corporation.
NOW THEREFORE, BE RESOLVED BY THE BOARD OF DIRECTORS OF THE
FORT WORTH HOUSING FINANCE CORPORATION:
1. THAT the Assistant General Manager, including any designee of the same, is appointed as
an Assistant Treasurer for the Corporation and is hereby authorized to perform any duty
granted to the Treasurer in the Bylaws.
2. THAT this Resolution shall take effect from the date of its adoption and the appointment
shall continue in full force until superseded, rescinded, or revoked, regardless of whether the
person holding the position of the Assistant General Manager changes prior to that time.
AND IT IS SO RESOLVED.
Adopted September 14, 2021.
FORT WORTH HOUSING FINANCE CORPORATION
Carlos E. Flores...................................
By: I ills. I I l 1 1 � � 1111,
Carlos Flores, President