HomeMy WebLinkAboutResolution Fort Worth Local Development Corporation (FWLDC) FWLDC-2015-03RESOLUTION
AIM
I LXT,
of the Fort Worth Local Development Corporation
WHEREAS, Article 1, Section I of the Bylaws of the Fort Worth Local Development
Corporation (the "Corporation") authorizes the Board of Trustees (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
Stums 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 Corporation 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 Corporation;
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 Corporation is
hereby authorized and directed to certify the adoption of this Resolution.
Adopted t4s 17t�'day of November, 2015.
Bey._ ,�
Shi
Secretary