Section 102-055 Res. 13-01; Approving the Articles of Incorporation of the City of Columbia New Century Fund, Inc. (Columbia Trust, 501(c)(3))


Council Bill No.          R 13-01          

A RESOLUTION

approving the Articles of Incorporation of the City of Columbia New Century Fund, Inc.; and accepting this authority to appoint and remove directors of the corporation.

    WHEREAS, Articles of Incorporation have been prepared to form a Missouri not-for-profit corporation to be named “The City of Columbia New Century Fund, Inc.” (“The Corporation”); and

    WHEREAS, The Corporation is to be organized and operated to solicit contributions for the betterment of Columbia, Missouri by providing for the beautification of the City, the natural use of land, better transportation facilities, encouragement of the arts, recreation, historic preservation, architectural enhancement, facilitation of public health and the general lessening of the costs and burdens of municipal government; and

    WHEREAS, the Board of Directors of The Corporation is to consist of seven (7) directors to be appointed and removed by the City Council of the City of Columbia, Missouri.

NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF COLUMBIA, MISSOURI, AS FOLLOWS:

    SECTION 1.  The City Council approves the Articles of Incorporation of the City of Columbia New Century Fund, Inc. substantially in the form of “Exhibit A,” which is attached to this resolution.  

    SECTION 2.  The City Council shall appoint and remove directors of The Corporation as provided for in the Articles of Incorporation.

    ADOPTED this 16th day of January, 2001.