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File #: RES. 2022-R057    Version: 1 Name:
Type: Resolution Status: Adopted
File created: 9/12/2022 In control: City Council
On agenda: 9/26/2022 Final action: 9/26/2022
Title: To provide for the nomination of Andreas D. Addison, Ellen F. Robertson, and J. E. Lincoln Saunders 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 2023 annual meeting of shareholders upon the election and qualification of the successors to these Directors.
Patrons: Cynthia Newbille
Attachments: 1. Res. No. 2022-R057
title
To provide for the nomination of Andreas D. Addison, Ellen F. Robertson, and J. E. Lincoln Saunders 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 2023 annual meeting of shareholders upon the election and qualification of the successors to these Directors.
body
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, the three nominees of the County of Chesterfield, and the three nominees of the County of Henrico; and
WHEREAS, the County of Chesterfield and the County of Henrico have nominated their nominees to serve on the Board of Directors during the current year, and an annual meeting of shareholders has been scheduled for the purpose of electing the nine 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 appoint and 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, the three nominees of the County of Chesterfield, and the three nominees of the County of Henrico; and
WHEREAS, the Council of the City of Richmond desires to nominate Andreas D. Addison, Ellen F. Robertson, and J. E. Lincoln Saunders to serve as Directors of the Greater Richmond Transit Company;
NOW, THEREFORE,
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF RICHMOND:
That Andreas...

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