Loading...
HomeMy WebLinkAboutMINUTES Board of Directors Estes Park Golf and Country Club 1982-09-13BRADFORD PUBLISHING CO.. DENVER RECORD OF PROCEEDINGS Minutes of the annual meeting of the Board of Directors of the Estes Park Golf and Country Club Corporation, held in the Municipal Building in Estes Park, Colorado, on the 13th day of September, 1982. Present: Harry B. Tregent, Robert E. Wagner, George J. Hix, H. Bernerd Dannels, Margaret Houston, Richard A. Wood, Bob Diers, Dale G. Hill, Gregory A. White, Connie Backstrum President Harry B. Tregent declared the annual meeting of the Board of Directors open and declared nominations in order for election of officers. George J. Hix moved the following officers be elected: President Harry B. Tregent Vice President H. Bernerd Dannels Secretary/Treasurer Dale G. Hill Richard A. Wood seconded the motion and upon roll call the motion unanimously carried. Attorney Gregory A. White described in detail the legal procedures necessary to dissolve the Estes Park Golf and Country Club Corporation. Following a long discussion on all aspects related to dissolving the Corporation, Director Robert E. Wagner introduced the following Resolution and moved it be passed and adopted: RESOLUTION WHEREAS, the Board of Directors of the Estes Park Golf and Country Club at their meeting of September 13, 1982, has determined to recommend to the shareholders that the Estes Park Golf and Country Club elect to accept the provisions of Articles 20 through 29 of Title 7, C.R.S., 1973, as amended, more commonly known as the. "Colorado Non -Profit Corporation Act"; and WHEREAS, pursuant to the appropriate statutory provisions, the Board has determined that the question of said election should be submitted to the shareholders of the Corporation at a special Meeting expressly for said purpose.' NOW, THEREFORE, be it resolved by the Board of Directors of the Estes Park Golf and Country Club hereby recommends that the Corporation accept Articles 20 through 29 of Title 7, C.R.S., 1973, as amended, known as the Colorado Non -Profit Corporation Act; Be it further resolved that pursuant to 7-21-111, C.R.S., 1973, as amended, that a special meeting of the shareholders be called for the purpose of submitting the question of electing toaccept the aforementioned "Colorado Non -Profit Corporation Act" by the Corporation be held on the 30th day of September, 1982, at 3:00 p.m. Be it further resolved that the appropriate officers of the Corporation give all special notices required by the provisions of 7-11-111, C.R.S., 1973, as amended. Director Margaret Houston seconded the motion and upon roll call the motion unanimously carried. A Procedural Memorandum dated September 10, 1982, to Dale G. Hill from Gregory A. White regarding the procedures for dissolution of the Estes Park Golf and Country Club was reviewed by the Board of Directors and is made a part of these proceedings. There being no further business, the meeting adjourned. Grp-% v�. Harry B. TSCegent, President P LYNN A. HAMMOND ROGER E. CLAMS GREGORY A.WHITE ALFRED P. DAVIS HAMMDND, CLARK AND WHITE LAW OFFICES FIRST NATIONAL HANK BUILDING, SUITE 418 LOVELAND, COLORADO 303-667-1023 PROCEDURAL MEMORANDUM TO: Dale G. Hill FROM: Gregory A. White DATE: September 10, 1982 RE: Procedure re Estes Park Golf and Country Club Dissolution MAILING ADDRESS P. 0. Box 701 LOVELAND,CO. 80539 The following are the procedural steps with regard to dissolution of the Estes Park Golf and Country Club, the transfer of the golf course to the Town of Estes Park, and the approval of the dissolution by the appropriate Court. A. Adoption of new Not for Profit Corporation Act: 1. The Board of Directors adopts a Resolution recommending that the corporation accept Articles 20 to 29 of Title 7, and directs that the question be submitted to vote at a meeting of shareholders and setting of time and place for said meeting; 2. Written notice must be mailed to shareholders not less than 10 nor more than 50 days from the date of meeting; 3. A vote must pass by 2/3rds of the shareholders present in person or by proxy; 4. At the meeting, the Board of Directors should designate a registered office and a registered agent for the corporation; 5. Execute a statement of election to accept according to the provisions of 7-21-112 (i), C.R.S. 1973, as amended; 6. File duplicate originalsof the articles of incorporation with the Secretary of State. r Dale G. Hill September 10, 1982 Page Two B. Procedures following election to accept: Note: This must be done after filing the election to accept the new Corporate Act. 1. The Board should adopt a Resolution recommending dissolution; 2. Notice of meeting should be sent to all members; 3. A vote must pass by 2/3rd of the shareholders present in person or by proxy; 4. Execute a Statement of Intent to Dissolve; 5. The Board should adopt a plan for distribution of assets by Resolution; 6. A notice must be sent to all members; 7. Members must adopt the plan by a 2/3 majority; *8. Duplicate Statements of Statement of Intent to Dissolve must be filed with the Secretary of State; 9. A notice of intent must be sent to all creditors; 10. Discharge of Liabilities; 11. Distrtibute assets; 12. Execute Articles of Dissolution in duplicate; 13. File with Secretary of State. *After filing may apply to Court for liquidation under Court supervision (See 7-26-106 (3) C.R.S. 1973, as amended. RESOLUTION WHEREAS, the Board of Directors of the Estes Park Golf and Country Club at their meeting of September 13, 1982, has determined to recommend to the shareholders that the Estes Park Golf and Country Club elect to accept the provisions of Articles 20 thru 29 of Title 7, C.R.S., 1973, as amended, more commonly known as the "Colorado Non -Profit Corporation Act"; and WHEREAS, pursuant to the appropriate statutory provisions, the Board has determined that the question of said election should be submitted to the shareholders of the Corporation at a special meeting expressly for said purpose. NOW, THEREFORE, be it resolved by the Board of Directors of the Estes Park Golf and Country Club that: The Board of Directors of the Estes Park Golf and Country Club hereby recommends that the Corporation accept Articles 20 thru 29 of Title 7, C.R.S., 1973, as amended, known as the Colorado Non -Profit Corporation Act; Be it further resolved that pursuant to 7-21-111, C.R.S., 1973, as amended, that a special meeting of the shareholders be called for the purpose of submitting the question of electing to accept the aforementioned "Colorado Non Profit Corporation Act11 by the Corporation be held on the day of September , 1982, at 3:00 p.m. Be it further resolved that the appropriate officers of the Corporation give all special notices required by the provisions of 7-21-111, C.R.S., 1973, as amended. DATED this 13th day of September, 1982. ESTES PARK GOLF AND COUNTRY CLUB