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55D - SAEC ARTICLES OF INCORPORATION
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55D - SAEC ARTICLES OF INCORPORATION
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Last modified
1/3/2012 4:53:58 PM
Creation date
6/29/2005 10:01:44 AM
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City Clerk
Doc Type
Agenda Packet
Item #
55D
Date
7/5/2005
Destruction Year
2010
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<br />REQUEST FOR <br />COUNCIL ACTION <br /> <br />~ <br />~ <br />~ <br /> <br />CITY COUNCIL MEETING DATE: <br /> <br />CLERK OF COUNCIL USE ONLY: <br /> <br />JULY 5,2005 <br />TITLE: <br /> <br />APPROVED <br /> <br />o As Recommended <br />o As Amended <br />o Ordinance on 15t Reading <br />o Ordinance on 2nd Reading <br />o Implementing Resolution <br />o Set Public Hearing For <br /> <br />CONSENT TO MODIFICATION OF THE <br />SANTA ANA EMPOWERMENT CORPORATION <br />ARTICLES OF INCORPORATION TO <br /> <br />INCREASE~ ~ <br />.a~ <br /> <br />CITY MANAGER <br /> <br />CONTINUED TO <br /> <br />FILE NUMBER <br /> <br />RECOMMENDED ACTION <br /> <br />Adopt a resolution consenting to an amendment to <br />Incorporation of the Santa Ana Empowerment Corporation, <br />the size of quorum. <br /> <br />the Articles of <br />Inc. to increase <br /> <br />DISCUSSION <br /> <br />The Santa Ana Empowerment Corporation (SAEC) will be holding a special <br />Board meeting on July 11, 2005, to discuss and vote on changing the <br />percentage used in determining quorum for Board meetings. The Articles of <br />Incorporation, Article V, established quorum as being one third of the <br />Board. Members of the SAEC Board have discussed and will be voting to <br />amend quorum to one half plus one. This modification, if adopted, would <br />allow for more Board members to participate on Board committees without <br />triggering a quorum issue for the entire Board. <br /> <br />Article XI of the Articles of Incorporation states the Articles may not be <br />changed without the approval of City Council. Therefore, the Board of <br />Directors is asking that City Council adopt a resolution consenting to a <br />modification of Article V of the Articles of Incorporation to increase the <br />size of quorum. This would allow the Board to change the quorum <br />percentage and immediately proceed with establishing membership on various <br />Board Task Forces. <br /> <br />550-1 <br />
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