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HomeMy WebLinkAboutCC RES 01-045RESOLUTION NO. 01-45 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM DESERT, CALIFORNIA, APPROVING THE FORMATION OF THE CITY OF PALM DESERT GOLF COURSE FACILITIES CORPORATION Recitals A. The Articles of Incorporation for the City of Palm Desert Golf Course Facilities Corporation has been presented to the City Council. B. The City Council desires the formation of the City of Palm Desert Golf Course Facilities Corporation. NOW, THEREFORE, the City Council of the City of Palm Desert hereby finds, determines, resolves, and orders as follows: Section 1. The City Council hereby approves and directs the formation of the City of Palm Desert Golf Course Facilities Corporation and the Articles of Incorporation thereof in the form presented to City Council. Paul Gibson is hereby authorized to act as incorporator to form the corporation. Section 2. The City Council hereby authorizes the expenditures of such funds reasonably necessary to form the City of Palm Desert Golf Course Facilities Corporation. Section 3. The City Council hereby acknowledges and accepts the designation of the City as the sole member of the City of Palm Desert Golf Course Facilities Corporation and, pursuant to such Articles of Incorporation, authorizes and appoints the following persons to serve as the directors of the City of Palm Desert Golf Course Facilities Corporation: P6402\0001 \627682.6