1 C shall ever derive or receive any financial or pecuniary gain or profit from this corporation on dissolution, liquidation or winding up. ARTICLE XII The Commissioners Court of the County of Kerr, Texas may, at its sole discretion and ^ -3- I at any time, either upon (1) the application of the Board of Directors of the Corporation, or (2} its own motion, by appropriate resolutions duly adopted, cause the Articles of Incorpora- tion to be amended to alter or change the structure organization, powers, programs or activi- ties of the Corporation and may cause the existence of the Corporation to be terminated, subject to the provisions of the Act and to any limitation on the impairment of contracts entered into by the Corporation. Filed 24th day of Oct. A.D. 1985 at 1:15 P.M. '! PATRICIA DYE Clerk County Court, Kerr County, Texas II By /s/ Dorothy L. Pfeiffer Deputy o-o-o-o-o-o-o-o-o-o The undersigned are three individuals over the age of eighteen who all reside in Kerr u i County, Texas and are citizens of the State of Texas. Such individuals hereby request that the County of Kerr consider the incorporation of a Housing Finance Corporation under the i terms of the Texas Housing Finance Corporation. Signed this 24th day of October, 1985. /s/ Gordon S. Morriss /s/ Edward D. Higgins /s/ Billy J. Guthrie, Jr. Filed 24th day of Oct. A.D. 1985 at 1:15 P.M. PATRICIA DYE Clerk County Court, Kerr County, Texas 'r By /s/ Dorothy L. Pfeiffer Deputy o-o-o-o-o-o-o-o-o-o NO. 16350 APPROVAL OF CLAIMS AND ACCOUNTS On this the 24th day of October 1985, came on to be considered by the Court the various claims and accounts against Kerr County and the various Commissioners' Precincts, which claims and accounts were approved for payment by the Auditor and Treasurer, payable out of General, Jury, Road and Bridge, Juvenile Services, Juvenile State Aid, and 216th District j Probation Funds. Motion made by Commissioner Holland, seconded by Commissioner Higgins and unanimously ',approved by the Court that said bills be paid. o-o-o-o-o-o-o-o-o-o NO. 16351 APPROVAL OF PURCHASE OF ADDITIONAL PROPERTY FOR AIRPORT LOOP ROAD RELOCATION On this the 24th day of October 1985, upon motion made by Commissioner Higgins, seconded by Commissioner Holland, the Court unanimously approved of the purchase of 0.03 acres of land '(1,313 square feet) from Ms. Thelma Garza in the amount of $1,000.00, and as approved by Kerrville City Council meeting on October 22nd, 1985, Kerr County`s portion being $500.00. o-o-o-o-o-o-o-o-o-o NO. 16352 APPROVAL OF FINAL PLAT OF CARDINAL ACRES WEST On this the 24th day of October 1985, upon motion made by Commissioner Guthrie, seconded -----_ __ ==by Commissioner Holland, the Court unanimously approved the FINAL PLAT OF CARDINAL ACRES WEST.