Loading...
Ordinance No. 2,71880823 -4 ORDINANCE NO. 2718 AN ORDINANCE SETTING THE TERMS OF OFFICE FOR THE BOARD OF DIRECTORS OF THE BAYTOWN HOUSING FINANCE CORPORATIONd AND MAKING VARIOUS PROVISIONS RELATED THERETO. WHEREAS, the City Council of the City of Baytown on August 1, 1979 created the Baytown Housing-Finance Corporation by Resolution No. 690; NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF BAYTOWN: Section 1: That Chapter 2, "Administration," of the m Code of Ordinances of the City of Baytown is hereby amended W by the addition of a new Division 8, Baytown Housing Finance Corporation, that shall read as follows: DIVISION 8. BAYTOWN HOUSING FINANCE CORPORATION Sec. 2 -75. Membership. Five (5) directors of the Baytown Housing Finance Corporation shall be appointed by the majority vote of the City Council. All directors shall be residents of the City of Baytown at all times during office. Each director shall hold office for the term for which he or she is appointed and qualified. Any vacancy occurring shall be filed in the manner herein specified. Sec. 2 -76. Terms of directors. The terms of the members appointed as directors of the Baytown Housing Finance Corporation shall be as follows: (a) Three (3) of the initial five (5) directors shall be designated by council to serve a one (1) year term. The remaining two (2) directors shall be appointed for two (2) year terms. (b) Subsequent terms of all commissioners shall be for two (2) years. (c) All terms shall be deemed to commence on April 1 of the initial year of appointment. (d) A director may be removed from office for cause or at will and no director shall be appointed for a term in excess of six (6) years. Section 2: That the directors constituting the initial Board of Directors of the corporation is five (5) and the 7 1 1 I I 80823 `4a 9 names, addresses, and terms of office of the persons who are to serve as the initial directors are: Address 1518 W. Humble 4618 Country Club View 218 E. Wright 14 E. Cleveland 1130 Carver Section 3: This ordinance shall take effect from and after its passage. INTRODUCED, READ, and PASSED by the affirmative vote of the City Council of the City of Baytown this 23rd day of August 1979. J 4METT 0. HUTTO, 1.1ayor ATTEST." FIX so EILEEN P. HALL, City Clerk APPROVED: SCOTT BOUNDS, City Attorney Name Term Tony Campos 1 year David Gunn 1 year Mrs. Norma Wilder 1 year 0. J. Howell 2-years Rev. E. D. Reed 2 years Address 1518 W. Humble 4618 Country Club View 218 E. Wright 14 E. Cleveland 1130 Carver Section 3: This ordinance shall take effect from and after its passage. INTRODUCED, READ, and PASSED by the affirmative vote of the City Council of the City of Baytown this 23rd day of August 1979. J 4METT 0. HUTTO, 1.1ayor ATTEST." FIX so EILEEN P. HALL, City Clerk APPROVED: SCOTT BOUNDS, City Attorney