HomeMy WebLinkAboutResolution Fort Worth Housing Finance Corporation (FWHFC) FWHFC-2011-04RESOLUTION NO. rWHFC-2011-04
FORT WORTH HOUSING FINANCE CORPORATION
A RESOLUTION APPOINTING TOM HIGGINS AS G�NERAL
MANAG�R OF THE CORPORATION AND APPROVING ANY
ADDITIONAL COSTS FOR INSUI2ANCE RELAT�D TO THIS
APPOINTM�NT
WHEREAS, the Board of Directors (the `Board") of the Fort Worth Housing Finance
Coiporation (the "Corporation") adopted Amended and Restated Bylaws for the Corporation on
June 3, 2008, �nd 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 deteimined that appointing Tom Higgins, 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
TH� FORT WORTH HOUSING rINANC� CORPORATION (THE `BOARD"):
l. THAT the Board appoints Tom Higgins as General Manager of the Corporation.
2. THAT Tom Higgins shall serve as General Manager until his successor has been
appointed by the Board.
3. THAT costs for any additional insw•ance 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 February 8, 2011.
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By: ` � � �tA �,� ��,- � '�� ��� �,.,%� 'l
ICathleen Hicks, President