The following are the articles of incorporation of the health facilities development corporation:
ARTICLES OF INCORPORATION OF NORTH RICHLAND HILLS HEALTH FACILITIES DEVELOPMENT CORPORATION
We, the undersigned natural persons, each of whom is of the age of 18 years or more and a resident of the city, acting as incorporators of a health facilities development corporation under the provisions of the Health Facilities Development Act, V.T.C.A., Health and Safety Code, Chapter 221 (the "Act"), with the approval of the city council or the city, evidenced by its resolution filed in connection herewith approving these articles of incorporation, do hereby adopt the following articles of incorporation for such corporation:
Article I
The name of the corporation is North Richland Hills Health Facilities Development Corporation.
Article II
The corporation is a nonprofit public corporation.
Article III
The period of duration of the corporation is perpetual.
Article IV
The purpose of the corporation is to acquire, construct, provide, improve, finance and refinance any "health facility", as such term is defined in the Act now or as hereafter amended, which is found by the board of directors of the corporation to be required, necessary or convenient for health care, research and education, any one or more, within the state, all to assist the maintenance of the public health and welfare. The corporation shall be operated exclusively for such purposes without profit. No part of the net earnings of the corporation shall inure to the benefit of any private shareholder or individual; no substantial part of its activities shall be carrying on propaganda or otherwise attempting to influence legislation; and it shall not participate in, or intervene in (including the publishing or distribution of statements), any political campaign on behalf of or in opposition to any candidate for public office.
Article V
The corporation has no members and is a nonstock corporation.
Article VI
The street address of the initial registered office of the corporation is 7301 N.E. Loop 820, North Richland Hills, Texas 76180 and the name of the initial registered agent at such address is Jeanette Rewis.
Article VII
(a)
Composition. The affairs of the corporation shall be managed by a board of directors composed of such number of natural persons (not less than three) as may be fixed by the bylaws; provided that the city council may, in its sole discretion and at any time, alter the structure, organization, programs or activities of the corporation, subject only to any limitation provided by the constitution and laws of the state and of the United States relating to the impairment of contracts entered into by the corporation. Directors shall be appointed by the city council for a term of no more than six years. Until changed by the bylaws the original number of directors shall be seven. The names and addresses of the persons who shall serve as initial directors of the corporation are on file with the city.
(b)
Terms; compensation. Each director shall hold office for the term for which he is appointed and until his successor shall have been appointed and qualified unless sooner removed. Directors shall serve as such without compensation except that they may be reimbursed for their actual expenses incurred in the performance of their duties under the Health Facilities Development Act.
(Res. No. 94-57, § 2(arts. I—VII), adopted 11/14/1994)