Res 1999-151 - Laserfiche WebLink

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9/10/99 D. Upon dissolution the net earnings and funds and properties of the Corporation, if any, shall be distributed to the sponsoring local governments named in Article VII in the following manner. lithe total value of the net earnings and funds and properties equals or is less than $1,400,000, the total value shall be distributed equally among Blanco, Bastrop, Caldwell, Fayette, Hays, Llano, and Williamson counties and the City of San Marcos. lithe total value of the net earnings and fi.m.ds and properties exceeds $1,400,000, $1,400,000 shall be distributed equally among the eight sponsoring local governments named in the preceding sentence and the excess over $1,400,000 shall be distributed equally among all ten sponsoring local governments named in Article VII. E. All other matters pertaining to the internal affairs of the Corporation shall be governed by the bylaws of the Corporation, so long as such bylaws are not inconsistent with these Articles of Incorporation, the Texas Housing Finance Corporations Act, or any other law of the State of Texas. Article VII The sponsoring local governments of the Corporation are the Texas counties of Blanco, Bastrop, Burnet, Caldwell, Fayette, Hays, Lee, Llano, and Williamson and the City of San Marcos, Texas. Article vrn The current registered office of the Corporation is 2512 IH-35, South, Suite 220, Austin, TX 78704, and the current registered agent at that address is Betty V.Voights. Article IX The current directors of the Corporation and their addresses. are: Eddy Etheredge, President P.O. Box 603 Kyle, TX 78740 Jack A. Griesenbeck, Vice President P.O. Box 400 Bastrop, TX 78602 Rebecca Hawener 625 West San Antonio Lockhart, TX 78644 Commissioner Greg Boatright 600 North Bell, Suite 202 Cedar Park, TX 78613 Fritz Lobpries 562 Eblin La Grange, TX 78945 Randy Leifeste P.O. Box 7876 Horseshoe Bay, TX 78657 3