Title
Discuss and consider action to approve a resolution amending the Articles of Incorporation of the Pflugerville Community Development Corporation.
Summary
The proposed amendments to the Articles of Incorporation were reviewed by the PCDC Board and their attorney during their meeting on March 20, 2024, and the Board has unanimously recommended approval by the City Council. The proposed changes have been made to align with current practices and state law, including updating the definition of quorum, the composition of the board, and renaming the document from Articles of Incorporation to Certificate of Formation. Following City Council approval, the City will file this resolution with the Secretary of State’s office.
Deadline for City Council Action
Action requested March 26, 2024
Legal Review Required: N/A __ Required _X_ Date Completed: March 15, 2024
Supporting documents attached:
PCDC Certificate of Formation
PCDC Certificate of Formation_Redline
Recommended Action
Approve a resolution amending the Articles of Incorporation of the Pflugerville Community Development Corporation.