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CVLGCCorporations Section ,~p'~E ~F Hope Andrade P.O.Box 13697 w ~ ~ Secretary of State Austin, Texas 78711-3697 ~, Office of the Secretary of State July 13, 2011 Capitol Services, Inc. PO Box 1831 Austin, TX 78767 USA Re: Cibolo Valley Local Government Corporation File Number: 801451363 It has been our pleasure to file the certificate of formation and issue the enclosed Certificate of Incorporation evidencing the existence of the newly created Texas Local Government Corporation. One certificate should be included with the records of the corporation. The second certificate is to be provided to the Texas Transportation Commission. Unless exempted, corporations are subject to state tax laws, including franchise tax laws. Shortly, the Comptroller of Public Accounts will be contacting the corporation at its registered office for information that will assist the Comptroller in setting up the franchise tax account for the corporation. The first year franchise tax return will be due a year and ninety days following incorporation. Thereafter, an annual franchise tax return is due in May of each year. If you need to contact the Comptroller about franchise taxes or an exemption therefrom, you may contact the agency by calling (800) 252-1381, by e-mail to tax.hel~c~a state.tx.usstate.tx.us or by writing P.O. Box 13528, Austin, Toxas 78711-3528. Telephone questions regarding other business taxes, including sales taxes, should be directed to (800) 252-5555. Nonprofit corporations do not file annual reports with the Secretary of State. But do file a report not more often than once every four years as requested by the Secretary. It is important for the entity to continuously maintain a registered agent and office in Texas. As this the address to which the Secretary of State will send a request to file a periodic report. Failure to maintain an agent or office or file a change to the information or failure to file a report when requested may result in the voluntary termination of the corporation. Additionally, anon- profitcorporation will file documents with the Secretary of State if the corporation needs to amend one of the provisions in its certificate of formation. If we may be of further service at any time, please let us know. Sincerely, Corporations Section Business & Public Filings Division (512)463-55.55 Enclosure Corporations Section ~,~pTE nFT Hope Andrade P.O.Box 13697 w ~ ~ Secretary of State Austin, Texas 78711-3697 0; Y Office of the Secretary of State CERTIFICATE OF INCORPORATION OF Cibolo Valley Local Government Corporation File Number: 801451363 The undersigned, as Secretary of State of Texas, hereby certifies that Articles of Incorporation for the above corporation pursuant to the provisions of the Local Government Corporation Act have been received in this office and have been found to conform to law. ACCORDINGLY the undersigned, as Secretary of State, and by virtue of the authority vested in the Secretary by law hereby issues this Certificate of Incorporation and attaches hereto a copy of the Articles of Incorporation. Dated: 07/11/2011 --y~?~ Hope Andrade Secretary of State Come visit us on the Internet Q ht[p://www.sos.state.tx.us/ (512) 463-5555 FAX (512) 463-5709 TTY (800) 735-2989 Effective: 07/11!2011 Corporations Section ~t,T13 Op Hope Andrade P.O.Box 13697 ~ ~ ~ ~ Secretary of State Austin, Texas 78711-3697 Y Office of the Secretary of State CERTIFICATE OF INCORPORATION OF Cibolo Valley Local Government Corporation File Number: 801451363 The undersigned, as Secretary of State of Texas, hereby certifies that Articles of Incorporation for the above corporation pursuant to the provisions of the Local Government Corporation Act have been received in this office and have been found to conform to law. ACCORDINGLY the undersigned, as Secretary of State, and by virtue of the authority vested in the Secretary by law hereby issues this Certificate of Incorporation and attaches hereto a copy of the Articles of Incorporation. Dated: 07/11/2011 ~~r~ Hope Andrade Secretary of State Come visit as on the Internet @ http://wwwsosstate.tx.us/ (512) 463-5555 FAX (512) 463-5709 TTY (800) 735-2989 Effective: 07/11!2011 FILE® In the Office of the Secretary of State of Texas JUL 112011 ARTICLES OF INCORPORATION Corporations Sectl®n OF TAE CIIiOLO VALLEY LOCAL GOVERNMENT CORPORATION We, the undersigned natural persons, each of whom is eighteen (18) years of age or older, a resident of the City of Cibolo, Texas ("Cibolo'~, the City of Converse, Texas ("Converse"), the City of Schertz, Taxes ("Schertz"), The City of Seguin, Texas ("Seguin"), or the City of Selma, Texas ("Selma"), and a citizen of the State of Texas (the "State', acting as incorporators.of a nonprofit corporation (the "Corporation") created in accordance with the provisions of the Texas Transportation Corporation Act, Chapter 431 of the Texas Transportafion Code, as amended (the "Act"), and the Texas Housing Finance Corporations Act, Chapter 394 of the Texas Local Govetument Code, as amended ("Chapter 394"), hereby adopt the following Articles of Incorporation for such Corporation; ARTICLE I The name of the Corporation is the Clbolo Valtey Local Oovetnment Corporation. ARTICLE II The Corporation is a public, nonprofit corporation, ARTICLE III Subject to the provisions of Article XV hereof, the period of its duration is perpetual. ARTICLE IV The purposes for which the Corporation is organized are as follows: (a) to aid, assist, and act on behalf of Cibolo, Converse, Scheriz, Seguin, and Selma (collectively, the "Cities") ]n acquiring, constructing, leasing, improving, enlarging, extending, repairing, maintaining, and operating a water utility system (the "Project") pursuant to the provisiotts of Chapter 552 of the Texas Local Government Code, as amended ("Chapter 552'x, and other applicable laws of the State; (b) to aid, assist, and act on behalf of the Cities in accomplishing a governmental purpose of the Cities in Ura provision of water for public use; (c) to engage in activities permitted under the laws of the State, including, but not limited to, Chapter 552 end to own and operate all properly, real, personal, or mixed, and conduct such activities as are now or hereafter permitted under fire laws of the State, including, but not limited to, Chapter 552, and as are convenient or necessary to the ownership, maintenance, and operation of the Project; (d) to receive, hold, administer, and disburse any money, securities, or other property which may be transferred to the Cotpomtion by gift, devise, bequest, or otherwise, for any of the uses or purposes set forth above, end to invest, lend, conserve, use, and disburse such money, ssrata9a.~ securities, or other property, and the income derived therefrom, for the uses end purposes herein specified, in accordance with the judgment and discretion of the Board of Directors; (e) to purchase, exchange, contract for, lease, rent, and in any and all other-ways acquire, take, own, improve, and hold, and to sell, wnvey, mortgage, lease, rent to others, or otherwise dispose of real estate, improvements in real estate, interests In real estate, and personal property of every kind, character, and description; (f) to borrow money or raise money and to issue notes, bills, bonds, and other obligations and to mortgage, pledge, hypothecate, or otherwise encumber any and all of the revenues and assets of the Corporation as security therefor for the purpose of carryhig out fhe goals of the Corporation; and (g) to do any and all things necessary or convenient to the accomplishment of any of the purposes or for the exercise of any of the powers herein set forth, whether herein specified or not, eitirer alone or in comrection with other firms, individuals, or corporations, whether in the State or throughout the United States, and elsewhere. The Corpomtion shall have the purposes and powers permitted by the Act, but the Corpomtion does not have, and shall not exercise the powers of sovereignty of the Cities, including the power to tax, the power of eminent domain, and police power. However, for the purposes of the Texas Tort Claims Act (Subchapter A, Chapter 101, Texas Civil Practice and Remedies Code, as amended), the Corporation is a governmental, unit end its actions are govemmental functions. The Corporation is formed as a local government corporation pursuant to the provisions of Subchapter D of the Act. ARTICLE V (a) Bofore the consummation of the sale and delivery of any bonds or notes, the Corporation shall obtain approval by the governing body of each of the Cities (collectively, the "governing Bodies") as evidenced by the adoption of written resolutions. (b) In the exercise of the powers of the Corporation, the Corporation may enter into loan, lease, trust, or other agreements as authorized by the Act that are necessary and appropriate to the fulfillment of the public purpose of the Corporation, all of which agreements, and the specific uses, and the method of withdrawals and expenditure of the proceeds of the bonds or notes, and must ba included as a part of the approval process of the governing Bodies required by paragraph (a) above. ARTICLE VI The Corporation shall have no members and shall be a nonatock corporation. ssssie9s.r 2 ARTICLE VII The Governing Bodies have, by resolutions adopted on February 22, 2011 (Cibolo), June 14, 2011 (Converse), Mareh 15, 2011 (Scherrt~), December 21, 2010 (Seguin), and June 7, 2011 (Selma), authorized the creation of the Corporation and approved these .Articles of Incorporation and the Corporation's Bylaws pursuant to Subchapter D of the Act. The Corporation shall have and exercise all of the rights, powers, privileges, authority, and functions given under the Act, Chapter 394, Chapter 552, and under the general laws of the State to nonprofit corporations incorporated under the Texas Nonprofit Corporation Law (now Imown as Chapter 22 of Title 1 of the Texas Business Organizations Code, as amended) which are consistent with the provisions of the Act with respect to the development and operation of the Project together with all powers incidental thereto or necessary therefor. The Corporation shall have all other powers of a like or different nature not prohibited by law which are available to nonprofit corporations in the State and which are necessary or useful for the development and operation of the project.. The Corporation is a constituted authority and a public instrumentality within the meaning of the regulations of the United States Treasury Department and the rulings of the Internal Revenue Service prescribed and promulgated pursuant to section 103 of the Tntemal Revenue Code of 1986, as amended, and the Corporation is authorized to aot on behalf of the Cities es provided in these Articles of Incorporation.. However, the Corporation is not a political subdivision or political wrporation of the State within the meaning of its constitution and laws, including, without limitation, Article III, Section 52 of the constitution, and no agreements, bonds, debts, or obligations of the Corporation are or shall ever be deemed to be the agreements, bonds, debts, or obligations, or the lending of credit, ox a grant of public money or thing of value, of or by the Cities or any other political corporation, subdivision, or agency of the State, or a pledge of the faith and credit of any of them. However, for the purposes of the Texas Tort Claims Act (Subehapter A, Chapter 101, Texas Civil Practice and Remedies Code, as amended), the Corporation is a governmental unit and its actions are governmental functions. ARTICLE VIII These Articles of Incorporation may at any time and from time to time be amended as provided in the Act and Chapter 394 so as to make any changes therein end add any provisions thereto which might have been Included In the Articles of Incorporation in the first Instance. Any such amendment shall be effected in either of the following manners: (i) the members of the Board of Directors of the Corporation shall file witlt each of the Governing Bodies, a written application requesting permission to amend the Articles of Inwrpomtion, specifying in such application the amendments proposed to be made, the Governing Bodies may consider such application and, if they shall each by appropriate resolution duly find and determine that It is advisable that the proposed amendments be made and shall approve the form of the proposed amendments, then the Board of Directors of the Corporation may amend the Articles of Inncorporation by adopting such amendments at a meeting of the Board of Directors and delivering the articles of amendment to the Secretary of State; or (ii) the Governing Bodies may collectively, at their sole discretion, and at any time, amend these Articles of Tncotporation, and ssraie9e.r change the structure, organization, programs, or activities of the Corporation, or terminate or dissolve the Corporation (subject to the provisions of the Act and any limitation provided by the Constitution and general laws of the State and the United States of America on the impairment of contracts entered into by the Corporation), by written resolution adopting the amendment to the Articles of Incorporation of the Corporation or artioles of dissolution at a meeting of each of the Govemhtg Bodies and delivering ardcles of amendment or dissolution to the Secretary of State, as provided in the Act end Chapter 394. Restated articles of lncorpomtion may be filed with the Secretary of State as provided in the Act and Chapter 394. ARTICLE IX The Corporation shall be subject to the Open Meetings Act, Chapter 551 of the Texas Government Code, . as amended, and the Public Information Aot, Chapter 552 of the .Texas Government Code, as tpnended. ' ARTICLE X The street address of the initial registered office of the Corporation is 600 River Drive West, Seguin, TX 78155, and the name of its initial registered agent at such address is R. Alan Cockerell. ARTICLE XI The initial Bylaws of the Corporation shall be adopted by the Corporation's Board of Directors and shall, together with these Articles of Incorporation, govern the initial affairs of the Corporation untll and unless amended in accordazrce with the provisions of the Act and Chapter 394 and these Articles of Incorporation. The Bylaws and each amendment and repeal of the Bylaws must be approved by each of the Governing Bodies by resolution. ARTICLE 1f11I The number of directors constituting the initial Board of Directors of the.Corporation is five (5). One (1) director has initially been appointed by each of the Governing Bodies. The names and addresses of the persons who are to serve as the initial Board of Directors, each of whom is a resident of one of the Cities are as follows: Lesley Pedde 200 South Main Cibolo, Texas 78106 Shawna Dowell 403 South Seguin Converse, Taxes 78109 Justin Murray 1400 Schertz Parkway Schertz, Texas 78154 Robert Crabb 205 North River Street Seguin, Texas 78156 ssa3ie9a.~ William Weeper 9375 Corporate Drive Selma, Texas 781541250 ARTICLE X1II The name and street address of each ]nwrporator, each of whom is a resident of one of the Cities are as Follows: Jennifer Harmran 200 South Main Cibolo, Texas 78108 Al Suarez 403 South Seguin Convorse, Texas 78L09 Hal Baldwin 1400 Schertz Parkway Schertz, Taxes 78154 Betty Ann Matthias 205 North River Street Seguin, Texas 78156 Tom Daly 9375 Corporate Drive Sahna, Texas 78154-1250 ARTICLE XIV No director shall be liable to the Corporation for monetary damages for an ant or omission in the director's capacity as a director, except to the extent the director is found liable, (i) for any breach of the director's duty of loyalty to the Corporation, (ii) for acts or omissions not in good faith that constitute a breach of duty or which involve intentional misconduct of the director or a lmowiag violation of law, (iii) for any transaction from which the director received an improper benefit, whether or not the benefit resulted firora an act taken within the scope of the director's office, or (iv) for acts or omissions for whioh the liability of a director fa expressly provided by statute. Any repeal or amendment of this Article by the Board of Directors shall be prospective only, and shall not adversely affect any limitation on the personal liability of a director existing at the time of such repeal or amendment. in addition to the circumstances in which a director is not personally liable as set forth in the preceding sentences, a director shall not be liable to the fullest extent permitted by an amendment to the State statutes hereafter enacted that further limits the liability of a director. ARTICLE XV (a) The Governing Bodies, by written resolutions, tray authorize and drrect the dissolution of the Corporation. However, the Corporation shell not be dissolved, and its business shall not be terminated, by act of the Governing Bodies or otherwise, so long as the Corporation shall be obligated to pay any bonds, notes, or other obligations. (b) No action shall be taken pursuant to paragraph (a) of this Article or pursuant to paragraph (b) of Article XVI of these Articles of Incorporation, is any manner or at any time that 55631898.7 would impair any wntract, lease, right, or other obligation theretofore executed, granted, or incurred by the Corporation. ARTICLE XVI (a) All properties owned by the Corporation shall be held for the use and benefit of the public on a nondiscriminatory basis. No dividends shall ever be paid by the Corporation and no part of its net earnings remaining after payment of its expenses and other obligations shall be distributed to or inure to the benefit of its directors or officers, or any individual, private firm, or private corporation or association, except in reasonable amounts for services rendered. (b) If, after the close of any fiscal year (as determined by the Bylaws), the Board of Directors shall detemrine that sufficient provision has been made for the full payment of all current expenses, together with all amounts payable on tbe contacts, agreements, bonds, notes, and other obligations of the Corporation, and that all of the terms, provisions, and covenants therein have been met, then any not earnings derived from sources thereafter awnilng in connection with public facilities financed pursuant to the Act, and rovenues received in connection with public facilities financed pursuant to the Act shall be used solely for the purposes permitted by the Act and these Articles' of incorporation. (c) If the Corporation ever should be dissolved when it bas, or is entitled to, any interest in any funds or property of any kind, real, personal or mixed, such funds or property or rights thereto shall not ba transferred to private ownership, but shall be transferred and delivered to the Gilles, on an equal basis, a$er satisfaction of debts and claims. ARTICLE XVII The Corporation may indemnify any director, officer, employee or agent or former director, officer, employee, or agent of the Corporation for expenses sod costs, including attorney's fees, actually or necessarily incurred by the person in wnnection with any claim asserted against the person, by action in wort or other forum, by reason of such person having been a duector, officer, employee or other agent, except that the Corporation may not provide indemnity in a matter if the director, officer, employee, or agent is guilty of negligence or miswnduct in relation to the matter. [The remainder of this page intentionally left blank] sstais9sa 6 IN WITNESS WHEREOF, we have hereunto set our hands this ~ day of 3V.t,110 , 2011. ~~~MMA~ ,)~~l~dAnl Jennifer H an, Tnwrporator Betty `Matthias, Incorporator ' Tom aly, Incorpomtor ssrata9e.~ 7 Hel Baldwin, Incorporator STATE OF'I'E)L4Sn COUNTY OF l y c.c a t~a ~ u~_ BEFORE MS, the undatsigoed Notary Publio, on this day personally appeared Jennifer Hartman, known to me to be the parson whose name is subscribed to the foregoing instrument and acknowledged to me that she axecated'the same for the purposes and consideration Werein expressed GIVEN UNDER IVTY HAND AND SEAL OF OFFICE on this the .~ day of 'awn ,r- ~ , 2011. [SEAL ] ~ g y,~ L~ Notary Public in end for the State of Texas Printed Name: ~~99~ Ci/hics ,0 PE66YCIMICS Notary Pu611a, State oT TSxeo Ivly Commi9810n Expires: ~d-7-/4 ~ My Cammleelon Fa~plree Aupurt 01, 201A [Remainder of Page Intentionally Left Blank] ss63tsss.~ STATE OF TEXAS COUNTY OF E.J~-ar BEFORE ME, the undersigned Notary Public, on this day personally appeared Al Suarac, lmown to me to bo the person whose name ie aubacrlbed to the foregoing iasul~ent and aalmowledged to ma that he executed the same for the purposes and consideration therein expressed. GIVEN UNDER MY HAND AND SEAL OF OFFICE on this the S day of 2011. [sal Notary Public for as Prluted.Name: • 1--,-.; NT,y Cowmission xpirea: :T..1~ 1 ~ 1 ~ 1 ~ ~ ,~ ai.ruEaonvuus MVC061RY9910NEXPIflE9 ~~ Jlly91,8911 [Remainder of Page IntendonaUy Lef! Blank] asalsss,~ ~ STATB OF TEXAS ~ l § COUNTY OF \ ~ BEFORE ME, the undersigned Notary Public, on this day personally appeared Hal Baldwin, known to me to be the person whose name is subscribed ~ f~~deratioi n f~herein and acknowledged to me that he executed the same for the purpo ~P \ IVEN UNDER MY HAND AND SEAL OF OFFICE on this the day of ~ C~+~.~i~,~ 2011. [SEAL] ~ ~ ~~~ BRENDA 10013E UENNIS Notary Public in for the Slate of Texas ~~ NOTANY PUBLIC re,~,~ iS.e. 8TA1lDFiDfAB prtntedName: -bComadwlunsft~8ot~ MyCommisalonE:rpires: (Remainder ofPage Intenttnnally LeJI Blank] ~` .S ssasta9e.~ 10 STATE OF TEXAS § COUNTY OF 1~uTa.L~T_. § BEFORE ME, the undersigned Notary Publio, oa this day personally appeared Hetty Ann Meithies, known to me to be the person whose name ie subscr]bed to the foregoing instrument end acimowledged to me that she executed the same for the purposes a~ consideration therein expressed. . GIVEN UNDBR MY HAND AND SBAL OF OFFICE on this the ~ day of 2011. a"°'°°°'"~'°'Aaa'a°'°'9'»a~~a'''''°a Notat Public inland fm' the State of Texas NA ~~ d yU1NS10 Printed Name: fif asx~: ?,~. yY1 ausui ~`~` state of Texas My Commission Expires: L -1 s- 3 d ML o My Cantu. Ems, 08.16014 II~ee+c~c~as~wad~aved.~aee,~u,c [ltemairrder ofPage Intemtonally Left Blank) ssalie~a,r I1 STATE OF TEXAS § '' § ~ COUNTY OF ~~!`OF § f BEFORE ME, the undendgaed Notary Public, on this day personally appeared Tom l Daly, known to ma to be the parson whose name is aubscrlbed to the foregoing inclnmient and acknowledged to ma that he axeouted the same for tho puxpoaea attd consideration therein expr~esved GIVEN UNDER MY HAND AND 3fiAL OF OFFICE on this the ~ day of 2011. i ~ ~ NENNEIH E H0BF.Ht8 My oommroebn Ekphw seaaen.r xe.2ota Notary Public in eud for the State of Texas i Ptimed Name: ,t~,w.~~ ~" %~. rb~br My Commissionfixpires:_9/a•/.~e~r i [Renwinder of Page IntenNonaJlyZeflBlmtkJ i SSA1898.7 12