HomeMy WebLinkAboutResolution Fort Worth Local Development Corporation (FWLDC) FWLDC-2011-14RESOLUTION NO. FWLDC-2011-14
FORT WORTH LOCAL DEVELOPMENT CORPORATION
RESOLUTION
OF THE BOARD OF TRUSTEES
Appointing Jay Chapa as an Authorizer) Signatory Agent
of the Fort Worth Local Development Corporation
WHEREAS, Article I, 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
Jay Chapa as an authorized signatory agent of the Corporation;
NOW, THEREFORE, BE IT RESOLVED that Jay Chapa 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 Jay Chapa;
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 this 2nd day of August, 2011.
Frank Moss °
President