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HomeMy WebLinkAbout2005-069 - Santa Ana Empowerment Corporation Inc to Increase the Size of Quorum bk:6/28/05 RESOLUTION NO. 2005-069 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA ANA CONSENTING TO AN AMENDMENT TO THE ARTICLES OF INCORPORATION OF THE SANTA ANA EMPOWERMENT CORPORATION, INC. TO INCREASE THE SIZE OF QUORUM BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SANTA ANA AS FOLLOWS: Section 1. The City Council of the City of Santa Ana hereby, finds, determines and declares as follows: A. In 1999, the United States Department of Housing and Urban Development approved the application of the City of Santa Ana to be a federal Round II Urban Empowerment Zone. B. On July 19, 1999, the City Council, pursuant to Resolution No. 99-043, created the Santa Ana Empowerment Corporation, Inc. to implement the City's Empowerment Zone Strategic Plan. C. The articles of incorporation of the Santa Ana Empowerment Corporation require the City Council of the City of Santa Ana to concur in any modification to the articles. D. The articles of incorporation of the Santa Ana Empowerment Corporation provide that quorum of the Board of Directors, which is the minimum number of Directors who must be present for valid transaction of business, is one-third (%). E. At its last regular meeting, the Board of Directors of the Santa Ana Empowerment Corporation scheduled a special meeting on July 11, 2005 to consider increasing the size of the Board's quorum. F. Because increasing the size of quorum for the Board would require amendment to the articles of incorporation, the City Council must concur in this amendment. Resolution No. 2005-069 Page 1 of 3 Section 2. The City Council concurs in any action by the Board of Directors of the Santa Ana Empowerment Corporation to amend Article V of its articles of incorporation to increase the size of quorum of the Board. Section 3. This Resolution shall take effect upon adoption by the Santa Ana Empowerment Corporation of an action pursuant to Article XI of its articles of incorporation to increase the size of quorum established pursuant to Article V of the articles. In that event and at that time, the Clerk of the Council shall attest to and certify the vote adopting this Resolution. ADOPTED this 5th day of ~ 2005. ~~~~ Mayor APPROVED AS TO FORM: Joseph W. Fletcher, City Attorney AYES: Councilmembers: Alvarez, Bustamante, Garcia, Pulido, Solorio (5) NOES: Council members: None (0) ABSTAIN: Councilmembers: None (0) NOT PRESENT: Councilmembers: Bist, Christy (2) Resolution No. 2005-069 Page 2 of 3 CERTIFICATE OF ATTESTATION AND ORIGINALITY I, PATRICIA E. HEAL Y, Clerk of the Council, do hereby attest to and certify the attached Resolution No. 2005-069 to be the original resolution adopted by the City Council of the City of Santa Ana on July 5, 2005 Date: ,)=\ i ~ aery ~~i _~ ,~ ... ( ) l l/\Clerk of the Council 6 . City of Santa Ana Resolution No. 2005-069 Page 3 of 3