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HomeMy WebLinkAboutResolution Fort Worth Housing Finance Corporation (FWHFC) FWHFC-2014-11RESOLUTION NO. FWHFC-2014 -11 FORT WORTH HOUSING FINANCE CORPORATION A RESOLUTION TO APPOINT JE SUS J. CHAPA 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 Jesus J. Chapa, Director of the Housing and Economic Development Department 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"): 1. THAT the Board appoints Jesus J. Chapa as General Manager of the Corporation. 2. THAT Jesus J. Chapa 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 August 5, 2014 FORT WORTH HOUSING FINANCE CORPORATION < d61' By: �C- 421 Salvador Espino, President RESOLUTION NO. FWHFC-2014 -11 FORT WORTH HOUSING FINANCE CORPORATION A RESOLUTION TO APPOINT JESUS J. CHAPA 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 Jesus J. Chapa, Director of the Housing and Economic Development Department 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"): 1. THAT the Board appoints Jesus J. Chapa as General Manager of the Corporation. 2. THAT Jesus J. Chapa 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 August 5, 2014. FORT WORTH HOUSING FINANCE CORPORATION By: Salvador Espino, PresMent