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HomeMy WebLinkAboutWritten Consent and Resolution • WRITTEN CONSENT AND RESOLUTION OF CRYSTAL REAL ESTATE DEVELOPMENT,LLC, a Texas limited liability company As of the 3'd day of April. 2015, the undersigned, being all of the members of Crystal Real Estate Development, LLC, a Texas limited liability company ("Company"), for the purpose of taking action in lieu of a meeting,hereby consents to and adopts the following resolutions,and directs that this consent be filed with the records of the Company. WHEREAS, the Company was formed on or about February 14, 2014 by the filing of a Certificate of Formation with the Office of the Secretary of State for Texas,and is the fee simple owner of certain property located in College Station Texas(the"Property")as described in that certain Special Warranty Deed filed on June 23,2014 in the Brazos County Real Property Records under Document No.01198331,Book OR,Volume I2092,Page 188-197; WHEREAS,the Company desires to admit certain additional members to the Company and to grant certain authority over Company decisions and acts to certain members in connection with the development, financing, construction and leasing of the Property,as described below; NOW, THEREFORE, RESOLVED, that the Company hereby waives all notices of this action and all meeting requirements as may be required by law; RESOLVED,that Bin Wang and Zutong Lu are hereby admitted as members of the Company and each are hereby given the title of Manager;and RESOLVED,that Zbenming Wang("Z.Wang")andlor Bin Wang("B.Wang").are hereby authorized and directed,either individually or jointly, in their roles as Managers of the Company. in the name and on behalf of the Company,to execute and deliver any and all documents in connection with the development, financing,construction or leasing of the Property, including, without limitation, development agreements with the City of College Station, Texas. easement agreements, loan documents for the financing of the development on the Property, construction contracts and leasing agreements,together with such other documents,agreements,certificates and instruments,and to take such other actions as deemed necessary or advisable to effectuate the transactions contemplated by the foregoing: RESOLVED,that the Company hereby ratifies,authorizes,adopts,confirms and approves any and all prior actions taken or caused to be taken by Z. Wang and/or B.Wang in connection with the Property:and FURTHER RESOLVED,that this Written Consent and Resolution shall be effective as of the date set forth above. The signing of this written consent and resolution by the undersigned members shall constitute full ratification of the actions taken as set forth in the foregoing resolutions. [Member Signature Pages Follow] 1 Member Signature Page to Written Consent and Resolution of Crystal Real Estate Development,LLC dated April 2,2015 r By: henming Wang,Manager Member Signature Page to Written Consent and Resolution of Crystal Real Estate Development, LLC dated April 2,2015 By: Limin Mao,Manager 3 Member Signature Page to Written Consent and Resolution of Crystal Real Estate Development, LLC dated April 2,2015 13): Peng C11.1 Manager 4 • Member Signature Page to Written Consent and Resolution of Crystal Real Estate Development,LLC dated April 2,2015 By: /141Mig Zho ,Manager 5 Member Signature Page to Written Consent and Resolution of Crystal Real Estate Development,LLC dat April 2.2015 By: Bin Wang anager 6 Member Signature Page to Written Consent and Resolution of Crystal Real Estate Development, LLC dated April 2,2015 By: U Zutong Lu,Manager 7 Member Signature Page to Written Consent and Resolution of Crystal Real Estate Development,LL •ated April 2,2015 By: Bin"kg, Manager 6