Legislation # 14-0265 Enactment Number none
Type Resolution Effective Date none
Introduction Date 6/11/2014
Title Resolution Authorizing the Amendment to Article III Of The Articles of Incorporation of the Peninsula Town Center Community Development Authority Entitled, “Members,” To Permit Subsequent Staggered Terms
 
Legislation History 14-0265
DateNotice Of ActionDescription
6/11/2014 Approved - items 1 through 8 and 12 through 17 on the consent agenda.
6/3/2014 Received By Clerk's Office
 
View Attachments 14-0265
FileTypeSizeDescription
PTC CDA Articles of Incorporation.pdf Other 236K Authority Articles of Incorporation
PTC CDA Board Resolution April 30 2014.pdf Other 69K April 30, 2014 Resolution to Authority
PTC CDA Public Notice - April 30 Meeting.pdf Advertisement 36K Public Notice for the Authority Meeting on April 30, 2014
 
Legislation Text 14-0265

 

City of Hampton, Virginia

Resolution

22 Lincoln Street

Hampton, VA 23669

www.hampton.gov

 

File Number: 14-0265

 

Enactment Number: -

 

Resolution Authorizing the Amendment to Article III Of The Articles of Incorporation of the Peninsula Town Center Community Development Authority Entitled, Members, To Permit Subsequent Staggered Terms

 

RESOLUTION

WHEREAS, on February 22, 2006, the City Council of the City of Hampton, Virginia (the City) created the Peninsula Town Center Community Development Authority (the Authority, also referred to as the Corporation) pursuant to the Virginia Water and Waste Authorities Act, Chapter 51, Title 15.2 of the Code of Virginia, as amended (the Act);

 

WHEREAS, the City Council adopted Articles of Incorporation for the Authority, which were filed with the State Corporation Commission as required by the Act;

 

WHEREAS, the Articles of Incorporation set forth the manner in which Authority board members are appointed and the length of board members terms;

 

WHEREAS, the initial Articles of Incorporation failed to address subsequent terms;

 

WHEREAS, by resolution dated April 30, 2014, the Authority board recommended to the City Council that it enact amendments to the Authoritys Articles of Incorporation to permit subsequent staggered terms for the board members;

 

WHEREAS, the Act permits amendments to the articles of incorporation of the Authority by following the procedure prescribed for the creation of an authority under the Act;

 

WHEREAS, the City Council desires to amend the Authoritys Articles of Incorporation as recommended by the Authority board.

 

NOW, THEREFORE, BE IT RESOLVED, by the Council of the City of Hampton, Virginia, as follows:

1. Article III of the Corporations Articles of Incorporation shall be amended by amending and restating in its entirety the last paragraph in Article III to read as follows:

The Initial Members including the Alternate Member shall have initial terms that will commence on March 20, 2006, and expire on September 15, 2009. Members appointed thereafter, excluding any alternate member, shall be appointed initially for terms of one, two, three and four years; one member being appointed for a one-year term, one member being appointed for a two-year term, one member being appointed for a three-year term, and two members being appointed for four-year terms. Any subsequently appointed alternate member shall have the same term as the member for whom such alternative member serves as an alternate.

2. The City Manager is authorized to execute and deliver all documents necessary to the State Corporation Commission or others to effectuate this amendment.

Adopted at the regular meeting of the City Council of the City of Hampton, Virginia, held on June 11, 2014.

 

Signed by ____________________________ Date _________________

George E. Wallace, Mayor

 

 

 

 

Attested by ____________________________ Date _________________

Katherine K. Glass, CMC

Clerk of the Council