Res. 18-04 Authorize Darcy Schroer as a Signatory 11.14.18PROSPER ECONOMIC DEVELOPMENT CORPORATION
RESOLUTION 18-04
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE PROSPER
ECONOMIC DEVELOPMENT CORPORATION AUTHORIZING DARCY
SCHROER AS A SIGNATORY ON ANY DOCUMENTATION ON BEHALF OF
THE PROSPER ECONOMIC DEVELOPMENT CORPORATION; MAKING
FINDINGS; AND PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, periodically the Prosper Economic Development Corporation ("PEDC")
updates the list of specific individuals authorized to perform certain financial transactions on
the PEDC's behalf; and
WHEREAS, it is the intent of the PEDC to authorize Darcy Schroer to be an approved
signatory, to execute any and all documentation on behalf of the PEDC, and to take all appropriate
and necessary actions relative to the PEDC's financial, legal and general operational affairs; and
WHEREAS, the PEDC Board of Directors agrees that authorizing Darcy Schroer to
undertake the foregoing on behalf of the PEDC is in the best interests of the PEDC.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE
PROSPER ECONOMIC DEVELOPMENT CORPORATION THAT:
SECTION 1
The findings set forth above are incorporated into the body of this Resolution as if fully set
forth herein.
SECTION 2
Darcy Schroer is hereby authorized by the Board of Directors to execute any and all
documents on behalf of the PEDC, including but not limited to bank accounts, financial accounts,
legal documents, payroll documentation and any other documentation related to the PEDC and
its operations. It is the intent of the Board of Directors that this authority shall be broadly construed
to allow Darcy Schroer to execute documentation on behalf of the PEDC.
SECTION 3
Any and all resolutions, rules, regulations, policies, or provisions in conflict with the
provisions of this Resolution are hereby repealed and rescinded to the extent of any conflict
herewith.
SECTION 4
This Resolution was approved by the Board of Directors of the Prosper Economic
Development Corporation on 14th day of November, 2018.
ATTEST:
`Jordan Si ms, Secretary
_#eic"er, Presiden#
Board of Directors Resolution --Page 1