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HomeMy WebLinkAboutRES.792.02-01-1993 BILL NO. 93-26 RESOLUTION NO. c� A RESOLUTION APPROVING AN AMENDMENT TO THE ARTICLES OF INCORPORATION OF THE CAPE GIRARDEAU MISSOURI PARKS DEVELOPMENT FOUNDATION WHEREAS, the Cape Girardeau, Missouri Parks Development Foundation (the "Corporation") desires to amend its Articles of Incorporation in order to clarify the purposes for which its assets may be used upon dissolution of the Corporation; and WHEREAS, the Articles of Incorporation of the Corporation require the approval of the City Council of the City of Cape Girardeau, Missouri, in order to amend said Articles; and WHEREAS, on January 26, 1993 , the Board of Directors of the Corporation adopted a resolution, a copy of which is attached hereto as Exhibit B, approving the execution of Articles of Amendment to the Articles of Incorporation of the Corporation and requesting that the City Council approve such Articles of Amendment; NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF CAPE GIRARDEAU, MISSOURI, AS FOLLOWS: ARTICLE 1. Approval of Articles of Amendment. The City Council hereby approves the Articles of Amendment to the Articles of Incorporation of the Corporation in the form attached hereto as Exhibit A, and hereby ratifies and confirms and authorizes the execution of such Articles of Amendment by the appropriate offices of the Corporation. The appropriate officers of the Corporation are hereby authorized and directed to file said Articles of Amendment with the Secretary of State of Missouri. ARTICLE 2 . Effective Date. This Resolution shall take effect immediately upon its adoption by the City Council. ; u t c':� PASSED AND ADOPTED THIS �j __ DAY OF , 19�. Francis E. Rhodes, Mayor ATTEST: �"i; J G� r�f . L..G.:�.1c�/� GaylaiL. Conrad, Deputy City Clerk RESOLUTION NO. RESOLUTION APPROVING ARTICLES OF AMENDMENT TO THE ARTICLES OF INCORPORATION OF THE CAPE GIRARDEAU, MISSOURI PARKS DEVELOPMENT FOUNDATION. WHEREAS, the Cape Girardeau, Missouri Parks Development Foundation (the "Corporation" ) desires to amend its Articles of Incorporation in order to clarify the purposes for which its assets may be used upon dissolution of the Corporation; and WHEREAS, the Articles of Incorporation of the Corporation require the approval of the City Council of the City of Cape Girardeau, Missouri in order to amend said Articles ; and WHEREAS, on January 26 , 1993 , the Board of Directors of the Corporation adopted a resolution, a copy of which is attached hereto as Exhibit B, approving the execution of Articles of Amendment to the Articles of Incorporation of the Corporation and requesting that the City Council approve such Articles of Amendment; NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF CAPE GIRARDEAU, MISSOURI , AS FOLLOWS : Section 1 . Approval of Articles of Amendment . The City Council hereby approves the Articles of Amendment to the Articles of Incorporation of the Corporation in the form attached hereto as Exhibit A, and hereby ratifies and confirms and authorizes the execution of such Articles of Amendment by the appropriate officers of the Corporation. The appropriate officers of the Corporation are hereby authorized and directed to file said Articles of Amendment with the Secretary of State of Missouri . Section 2 . Effective Date. This Resolution shall take effect immediately upon its adoption by the City Council . Adopted by the City Council of the City of Cape Girardeau, Missouri , this day of February, 1993 . (Seal) Mayor ATTEST: Deputy City Clerk ARTICLES OF AMENDMENT � TO THE ARTICLES OF INCORPORATION OF CAPE GIRARDEAU, MISSOURI PARKS DEVELOPMENT FOUNDATION (A GENERAL NOT FOR PROFIT CORPORATION) HONORABLE JUDITH MORIARTY SECRETARY OF STATE STATE OF MISSOURI P.O. BOX 778 JEFFERSON CITY, MISSOURI 65102 The undersigned corporation, for the purpose of amending its Articles of Incorporation as originally filed on December 2, 1991, and pursuant to the provisions of "The General Not For Profit Corporation Law" of the State of Missouri, hereby executes the following Articles of Amendment : 1 . The name of the corporation is : CAPE GIRARDEAU, MISSOURI PARKS DEVELOPMENT FOUNDATION 2 . There are no members having voting rights ; 3 . At a meeting of directors held on January 26, 1993 , the following amendment was adopted upon receiving the vote of a majority of the directors then in office; 4 . Article 10 is amended to read as follows : 10 . Dissolution. Upon dissolution of the corporation and after _.payment of all debts and satisfaction of all liabilities and obligations of the corporation (or making adequate provision therefor) , and after the return, transfer or conveyance thereof because of the dissolution of the corporation, any remaining assets of the corporation shall be disposed of exclusively for the charitable purposes of the corporation by distributing such assets to the City of Cape Girardeau, Missouri , if then in existence, and, if not in existence, then to its successor or successors , to be used for a public purpose, provided that such successors be governmental units or organizations organized and operated exclusively for charitable purposes as shall at the time qualify as . exempt organizations under Section 501(c� (3) of the Internal Revenue Code of 1986 , as amended (or the corresponding provision of any future United States Internal Revenue Law) . If no such successor is then in existence, any , remaining assets shall be distributed to such organization or organizations organized and operated exclusively for charitable purposes as shall at the time qualify as an exempt organization or organizations under Section 501(c) (3)� of the Internal Revenue Code of 1986 , as amended (or the corresponding provision of any future United States Internal Revenue Law) . All distributions upon dissolution shall be in accordance with a plan of distribution duly adopted in the manner provided by law; provided, however, that no distribution shall be made (i) which would violate the statutes of Missouri then in effect, or (ii) except in furtherance of the charitable purposes of the corporation. The foregoing shall constitute the plan of distribution upon dissolution of the corporation. IN WITNESS WHEREOF, the undersigned corporation has caused these Articles of Amendment to be eaecuted in its name by its President and its Secretary this 26th day of January, 1993 . CAPE GIRARDEAU, MISSOURI PARKS DEVELOPMENT FOUNDATION � ��By ^���/�-� President (SE� ) AT T: � Secretary -2- ACKNOWLEDGMENT STATE OF MISSOURI ) ) SS. COUNTY OF CAPE GIRARDEAU) � /l I , �C.tc/�2 C,ovi�"QG� , a Notary Public in and for said State, do hereby certify that on this 26th day of January, 1993 , personally appeared before me Judith R. Wilferth and Jackie Todd, who being by me first duly sworn, declared that they are the persons who signed the foregoing document as President and Secretary, respectively, of the Cape Girardeau, Missouri Parks Development Foundation, and that the statements therein contained are true, and acknowledged that they executed said document as their free act and deed. IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed my official seal . Not y Public - State of Missouri Commissioned in Cape Girardeau County My commission expires : ,,,,��€;e��ta� NOTARY PUBUC STATc QF MISSOURI COUNTY OF CaPE GiRAR�EAU MY COI�iMiSSlOV EXPIRES NOV t S. t 996 -3- • EXHIBIT B RESOLUTION APPROVING ARTICLES OF AMENDMENT TO THE ARTICLES OF INCORPORATION OF THE 'CAPE GIRARDEAU, MISSOURI PARKS DEVELOPMENT FOUNDATION, AND REQUESTING THE APPROVAL BY THE CITY COUNCIL OF THE CITY OF CAPE GIRARDEAU, MISSOURI OF SUCH ARTICLES . WHEREAS, the Cape Girardeau, Missouri Parks Development Foundation (the "Corporation" ) desires to amend its Articles of Incorporation in order to clarify the purposes for which its assets may be used upon dissolution of the Corporation; and WHEREAS, the Articles of Incorporation of the Corporation require the approval of the Board of Directors of the Corporation and of the City Council of the City of Cape Girardeau, Missouri in order to amend said Articles; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CAPE GIRARDEAU, MISSOURI PARKS DEVELOPMENT FOUNDATION, AS FOLLOWS: Section 1. Approval of Articles of Amendment . The Board of Directors hereby approves the Articles of Amendment to the Articles of Incorporation of the Corporation in the form attached hereto as Exhibit A, and authorizes the appropriate officers of the Corporation to execute said Articles of Amendment . The appropriate officers of the Corporation are hereby authorized and directed to file said Articles of Amendment with the Secretary of State of Missouri upon approval of said Articles of Amendment by the City Council . Section 2 . Request for Approval . The Board of Directors hereby requests that the City Council approve the Articles of Amendment in the form attached hereto and authorize the filing thereof with the Secretary of State of Missouri . Section 3 . Effective Date. This Resolution shall take effect immediately upon its adoption by the Board of Directors . Adopted by the Board of Directors of the Cape Girardeau, Mis�uuri Parks Development Foundation this 26th day of January, 19Q� . � � (Seal) President A���ST: . � , �� � z �� � cretary