HomeMy WebLinkAboutResolution Fort Worth Housing Finance Corporation (FWHFC) FWHFC-2015-18RESOLUTION NO. FWHFC-2015-18
FORT WORTH HOUSING FINANCE CORPORATION
A RESOLUTION TO APPOINT FERNANDO COSTA AS GENERAL MANAGER OF
THE CORPORATION
WHEREAS, the Board of Directors (the "Board") of the Fort Worth Housing Finance
Corporation (the "Corporation") adopted Amended and Restated Bylaws for the Corporation on
June 3, 2008 and pursuant to Article IV thereof, the Board has the power to appoint certain agents
of the Corporation to assist the Board in its duties;
WHEREAS, the Board has determined that appointing Fernando Costa, Assistant City
Manager of the City of Fort Worth, to act as the Corporation's General Manager with the powers
and duties set forth in the Amended and Restated Bylaws will result in increased administrative
efficiency for the Corporation.
NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF
THE FORT WORTH HOUSING FINANCE CORPORATION (THE "BOARD"):
I . THAT the Board appoints Fernando Costa as General Manager of the Corporation.
2. THAT Fernando Costa shall serve as General Manager until his successor has been
appointed by the Board.
3. THAT costs for any additional insurance premiums related to this appointment are
approved.
4. THAT this Resolution takes effect on the date of its adoption.
AND IT IS SO RESOLVED.
Adopted December 1, 2015.
FORT H U ING I'I NANCE CORPORATION
By:
Salvador Espino, President