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HomeMy WebLinkAboutRes 03-08 Authorizing the Creation of the Westlake Academy FoundationTOWN OF WESTLAKE RESOLUTION NO. 03-08 A RESOLUTION OF THE TOWN OF WESTLAKE BOARD OF ALDERMEN OF THE TOWN OF WESTLAKE, TEXAS, AUTHORIZING THE CREATION OF THE WESTLAKE ACADEMY FOUNDATION; PROVIDING FOR THE APPOINTMENT OF THE INITIAL INCORPORATORS; PROVIDING FOR AN EFFECTIVE DATE; AND PROVIDING A SAVINGS CLAUSE. WHEREAS, the Town of Westlake Board of Aldermen finds that supporting the activities and programs of the Westlake Academy benefits the public; and WHEREAS, the Board of Aldermen finds that such support can best be manifested through the creation of a non-profit corporation which can be utilized to support the activities and programs of the Westlake Academy; and WHEREAS, the Board of Aldermen finds that the passage of this Resolution is in the best interest of the public. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE TOWN OF WESTLAKE, TEXAS: SECTION 1. That all matters stated in the preamble are found to be true and correct and are incorporated herein as if copied in their entirety. SECTION 2. That the Town Manager is instructed to proceed with the creation of the Westlake Academy Foundation, or such other similar name as is available for purposes of incorporation. The Initial Incorporators of the Foundation shall be as follows: Scott Bradley Fred Reid Buddy Brown Bill Frey Don Redding Larry Sparrow SECTION 3. That the purposes of the Foundation shall be to provide support to the operation, maintenance, and growth of the Westlake Academy, specifically including the support of the Academy's staff and students, and all activities associated therewith. The Articles of Incorporation shall be as approved by the Initial Incorporators, and shall include the following: A. The members of the Board of Directors shall consist of at least five (5) members, who shall be appointed by the Board of Aldermen for two-year terms, which shall be staggered. In the case of a five (5) member Board of Directors, appointments shall be as follows: three (3) of the initial appointments shall be for an initial one (1) year term, and thereafter, appointments for such three (3) members shall be for two (2) year terms; and two (2) of the initial appointments shall be for an initial two (2) year term, and thereafter, appointments for such two (2) members shall also be for two (2) year terms. B. The Chairman shall be appointed annually by the Board of Aldermen. C. The majority of members of the Board of Directors shall constitute a quorum. D. Ex -officio, nonvoting members of the Board of Directors shall include the Town Manager and the Head of the Westlake Academy. SECTION 4. That this Resolution shall be in force and take effect immediately upon passage. SECTION 5. If any provision of this Resolution shall be held invalid or unconstitutional, then the remainder of such Resolution shall remain in full force and effect as if separately enacted. PASSED AND APPROVED ON THIS 24TH DAY OF FEBRUARY 2403. Scott Bradley, Mayor ATTEST: Ginger Urosswy, Town S ary Trent Petty, Town Manager