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File #: RES. 2019-R056    Version: 1 Name:
Type: Resolution Status: Adopted
File created: 9/24/2019 In control: City Council
On agenda: 10/14/2019 Final action: 10/14/2019
Title: To provide for the nomination of George P. Braxton, Benjamin P. Campbell, and Eldridge Forest Coles as the City of Richmond's three Directors and the election of the Board of Directors of the Greater Richmond Transit Company for the period commencing upon election and qualification of these nominees as Directors and terminating on the date of the 2020 annual meeting of shareholders upon the election and qualification of the successors to these Directors.
Patrons: Andreas Addison, Kimberly Gray, Vice President Hilbert, Kristen Larson, Ellen Robertson, President Newbille, Reva Trammell, Michael Jones
Attachments: 1. Res. No. 2019-R056
title
To provide for the nomination of George P. Braxton, Benjamin P. Campbell, and Eldridge Forest Coles as the City of Richmond's three Directors and the election of the Board of Directors of the Greater Richmond Transit Company for the period commencing upon election and qualification of these nominees as Directors and terminating on the date of the 2020 annual meeting of shareholders upon the election and qualification of the successors to these Directors.
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WHEREAS, the City of Richmond and the County of Chesterfield each own one-half of all outstanding shares of the common stock of Greater Richmond Transit Company; and
WHEREAS, the City of Richmond has the right to nominate three citizens of the City of Richmond as Directors of the Greater Richmond Transit Company and the obligation to vote its shares of common stock for these three nominees and the three nominees of the County of Chesterfield; and
WHEREAS, the County of Chesterfield has nominated its three citizens to serve on the Board of Directors during the current year and desires to have a meeting of shareholders for the purpose of electing its three nominees to the Board of Directors; and
WHEREAS, the Council of the City of Richmond as the governing body of the City is the holder of the common stock issued to the City of Richmond and is entitled to nominate the City of Richmond's three Directors of the Greater Richmond Transit Company and to vote its shares of stock for its three nominees and the three nominees of the County of Chesterfield; and
WHEREAS, the Council of the City of Richmond desires to nominate George P. Braxton, Benjamin P. Campbell, and Eldridge Forest Coles to serve as Directors of the Greater Richmond Transit Company;
NOW, THEREFORE,
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF RICHMOND:
That George P. Braxton, Benjamin P. Campbell, and Eldridge Forest Coles are hereby nominated to serve as members of the Board of Directors of the Greater Richmo...

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