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R-01-08-23-14D2 - 8/23/2001 RESOLUTION NO. R-01-08-23-14D2 WHEREAS, on August 23 , 2001, a majority of the Board of Directors of Round Rock Golf, Inc . adopted a resolution to approve the Articles of Dissolution of Round Rock Golf, Inc . , a non-profit corporation; and WHEREAS, the Board of Directors have filed with the City Council a request that the City Council authorize and approve the dissolution of Round Rock Golf, Inc . (the "Corporation" ) ; and WHEREAS, the Corporation was organized as a Texas non-profit corporation for limited purposes, namely to promote and to develop new and expanded business enterprises through acquisition, ownership, operation, mortgaging or leasing of property for a municipal golf course; and WHEREAS, these limited purposes have all been fulfilled; and WHEREAS, the City Council has reviewed the Articles of Dissolution of the non-profit Corporation; Now Therefore BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS, That the Board of Directors of the Corporation is hereby authorized to file the Articles of Dissolution for the Corporation, which are hereby approved for use and adoption. The City Council hereby finds and declares that written notice of the date, hour, place and subject of the meeting at which this Resolution was adopted was posted and that such meeting was open to the public as required by law at all times during which this Resolution and 0:\WPDOCS\RESOLUTI\R10B2302.WPD/kw the subject matter hereof were discussed, considered and formally acted upon, all as required by the Open Meetings Act, Chapter 551, Texas Government Code, as amended, and the Act . RESOLVED, this 23rd day of August, 2001 . (�— 140 J�'�i, ,L ROB RT A. STLUKA, JR Mayor City of Round Rock, Texas L AA AAA 'A AALd J NE LAND, City Secretary 2 ARTICLES OF DISSOLUTION FOR ROUND ROCK GOLF, INC. Pursuant to the provisions of article 6.05 of the Texas Non-Profit Corporation Act, the undersigned corporation adopts the following articles of dissolution. 1. The name of the corporation is Round Rock Golf, Inc. 2. The file number of the corporation is Charter No. 1134464. 3. A resolution to dissolve was adopted at a meeting of directors held on August 23, 2001, and received the votes of a majority of the directors in office, there being no members having voting rights in respect thereof. 4. All debts, obligations and liabilities of the corporation have been paid and discharged or adequate provision has been made therefor. 5. All remaining property and assets of the corporation have been transferred, conveyed or distributed in accordance with the provisions of the Texas Non- Profit Corporation Act. 6. There are no suits pending against the corporation in any court. President, Round Rock Golf, Ini c. O:\wdox\corr\gnl\genera W000 DOC DATE: August 17, 2001, 2001 SUBJECT: City Council Meeting—August 23, 2001 ITEM: 14.D.2. Consider a resolution authorizing the Board of Directors of Round Rock Golf, Inc. to file the Articles of Dissolution for Round Rock Golf, Inc. Resource: Steve Sheets, City Attorney Karen Whitt History: Round Rock Golf, Inc. was incorporated in 1989 as a non-profit corporation for the limited purposes of promoting and developing new and expanded business enterprises through acquisition, ownership, operation, mortgaging or leasing of property for a municipal golf course. All of these purposes have been achieved, and therefore, the corporation may be dissolved. Funding: N/A Cost: Source of funds: Outside Resources: Sheets & Crossfield, P.C. Impact: N/A Benefit: Elimination of unnecessary entities. Public Comment: N/A Sponsor: N/A