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HomeMy WebLinkAboutReso 93-221 - Appointing Directors to the Redding Capital Services Corp I RESOLUTION NO. 9 3- ;,2� A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING APPOINTING DIRECTORS TO THE REDDING CAPITAL SERVICES CORPORATION. I WHEREAS, the Redding Capital Services Corporation (the "Corporation" was duly incorporated in the State of California on September 19, 1989, as a Nonprofit Public Benefit Corporation under the Nonprofit Public Benefit Corporation Law (commencing at Section 5110 of the California Corporations Code) ; and WHEREAS, the Corporation gives assistance to the City of Redding (City) in connection with various financings; and WHEREAS, Section 3. 02 of the Bylaws of the Corporation provides that the number of Directors of the Corporation shall be I! three; and Section 3 . 04 of said Bylaws provides that vacancies on the Board shall be filled by approval of the City Council of the City; and WHEREAS, EUGENE DAIS and ROBERT S. GULLIXSON have each tendered to the Corporation and the City a resignation from the Board of Directors effective on the date respective successors are appointed; and WHEREAS, the City Council of City now desires to appoint two new Directors to the Board of Directors of the Corporation; I i I NOW, THEREFORE, IT IS HEREBY RESOLVED that the City Council of the City of Redding hereby appoints the following two i individuals to the Board of Directors of Redding Capital Services Corporation, effective immediately: ROBERT E. COURTNEY LARRY HUGHES. I HEREBY CERTIFY that the foregoing Resolution was introduced and read at a regular meeting of the City Council of the City of Redding on the 1st day of June, 1993, and was duly adopted at said meeting by the following vote: AYES: COUNCIL MEMBERS: Anderson, Kehoe, Moss and Dahl NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: Dahl ABSTAIN: COUNCIL MEMBERS: None ry CARL ARNESS, Mayor City of Redding AST: CONNIE STROHMAYER, City Clerk FORM APPROVED: RAkDALL A. HAYS(, City Attorney 2