September 28, 2015 at 11:30 AM - Board of Managers - Special Meeting

1. CALL TO ORDER

2. ESTABLISHMENT OF QUORUM

3. PUBLIC COMMENT - Persons wishing to comment must sign-in on the "Agenda Item Request to Speak" form provided at the entrance of the Board meeting room at least five (5) minutes prior to commencement of the Board meeting.  Commenters shall limit their comments to three (3) minutes and comments must be appropriate to the agenda item(s).  See the "Public Comment" section of the preceding General Information page for additional Public Comment-related requirements and information.

4. REAPPOINTMENTS/APPOINTMENTS TO BOARD OF MANAGERS:

4.A. Recognize and welcome reappointed and newly appointed members to Board of Managers; appointments by Nueces County Commissioners Court pursuant to Texas Health and Safety Code, §281.021 and §281.022:

4.A.1. John E. Valls reappointed for three-year term expiring September 1, 2018 (Place 2); and

4.A.2. Ted A. Daniel appointed for three-year term expiring September 1, 2018 (Place 1).

5. AGENDA:

5.A. Receive copy of Tenant Notification Letter relating to sale of Tower II to ERF Tower II, Inc, a non-profit corporation, and assignment and transfer of Hospital District's tenant lease to purchaser.  (INFORMATION)

5.B. Consider actions relating to qualification and designation of Frost Bank as depository for Hospital District funds for the period October 1, 2015 - September 30, 2019; qualification and designation pursuant to Chapter 116, Texas Local Government Code, Subchapters B and C:

5.B.1. Qualify Frost Bank as selected depository:

5.B.1.a. Approve bonds pledged by Frost Bank as security for deposited Hospital District funds; approval pursuant to Subchapter C, Texas Local Government Code, §116.051 et seq.;

5.B.2. Designate Frost Bank as depository for Hospital District funds; designation pursuant to Subchapter B, Texas Local Government Code, §116.025; and

5.B.3. Approve depository-related Agreements with Frost Bank and authorize Administrator to execute Agreements:

5.B.3.a. Bank Depository Agreement;

5.B.3.b. Security Agreement; and

5.B.3.c. Pledgee Agreement.  (ACTION)

5.B.4. Authorize Administrator to execute other depository-related agreements and documents:

5.B.4.a. Safekeeping agreements and documents with Federal Reserve and/or Federal Home Loan Banks; and

5.B.4.b. Other depository-related agreements and documents, including, but not limited to depository, banking services, security, pledgee, and safekeeping-related services.  (ACTION)

6. ADJOURN