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    6. 30.    
Regular City Council Meeting
Meeting Date: 09/10/2019  

Information
Agenda Item
Resolution - City Secretary: Consider a resolution approving amendments to the Articles of Incorporation of the Lubbock Housing Finance Corporation (LHFC).
Item Summary
The Lubbock Housing Finance Corporation's Bond Counsel has suggested that Article Four of our Articles of Incorporation be amended to better reflect the broad powers granted to LHFC under the Texas Housing Finance Corporations Act. On June 6th, 2019, LHFC's Board of Directors adopted a resolution amending the articles. Article IV will now read "The Corporation is organized soley to carry out the purposes of the Texas Housing Finance Corporation Act." 
Fiscal Impact
None
Staff/Board Recommending
Rebecca Garza, City Secretary 

Attachments
Resolution - Lubbock HFC
Amended Articles of Incorporation 2019
Original Articles of Incorporation

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