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HomeMy WebLinkAboutPO 7374: TO DELETE CHAPTER 14 BOARDS, AUTHORITIES, COMMISSIONS AND COMMITTEE, ARTICLE XIII HOUSING FINANCE CORPORATION BOARD DIRECTORS P.O. NO. 7374 10/10/2025 RPC ORDINANCE No. AN ORDINANCE OF THE CITY OF PORT ARTHUR, TEXAS, To DELETE CHAPTER 14 BOARDS, AUTHORITIES, COMMISSIONS AND COMMITTEES, ARTICLE XIII HOUSING FINANCE CORPORATION BOARD OF DIRECTORS, SECTIONS 14-421 THRU 14-450 OF THE CODE OF ORDINANCES; AND PROVIDING AN EFFECTIVE DATE WHEREAS,the City of Port Arthur,Texas is a home-rule municipality in the State of Texas("City"); and WHEREAS,the City no longer has an active Housing Finance Corporation and seeks to delete it from its Code of Ordinances; and WHEREAS,the City reserves any and all of its future rights and authority to create a city-sponsored Housing Finance Corporation. Now THEREFORE,BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PORT ARTHUR,TEXAS: SECTION 1. That the facts and recitals above are true and correct. SECTION 2. That Chapter 14. Boards, Authorities, Commissions and Committees, Article XIII. Housing Finance Board of Directors,Sections 14-421 thru 14-450 of the Code of Ordinances of the City of Port Arthur, Texas, are hereby deleted as follows: S 1 421. Created; mbership (a) There is created a housing finance corporation which shall consist of nine directors, all of whom shall be resident citizens and qualified voters of this city. duly passed by a majority vote of the city council. The members shall be nominated by the corresponding numbered council person, with the ninth member being appointed by the mayor. (c) The term of office of such directors shall be for two years. (Code 1961, §26 131) (Code 1961, §26 132) P.O. 7374 Page 1 See. 4-423—Adam inistrator. The director of matters subject to it. (Code 1961, §26 133) Secs. 14 24 14 450. Reserved. SECTION 3. This Ordinance shall take effect immediately from and after the date of passage and is so resolved. SECTION 4. That a copy of the caption of this Ordinance shall be spread upon the Minutes of the City Council. READ,ADOPTED AND APPROVED,this day of October,2025 AD,at a Regular Meeting of the City Council of the City of Port Arthur,Texas by the following vote: AYES: • Mayor: • Councilmembers: • • NOES: Charlotte M. Moses, Mayor ATTEST: Sherri Bellard, City Secretary APPROVED AS TO FORM: APPROVED FOR ADMINISTRATION: 11,4 Roxann Pais Cotroneo, JD, City Attorney Ronald Burton 'M, ity Manager P.O. 7374 Page 2