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HomeMy WebLinkAboutHHM Memorandum of Action - Signing Authority.2019.09.10 V1MEMORANDUM OF ACTION Without a Meeting OF Hayden Homes, LLC An Oregon Limited liability Company This Memorandum of Action, executed by the Managing Member, records the following resolution by consent of all members without holding a formal meeting as of the L0th day of September 2079. The members wish to appoint authorized agents to transact the business affairs of the LLC. The members adopt the following resolution: BE lT RESOLVED that Hayden Watson, Managing Member, Dennis P. Murphy, CEO, Jim Sansburn, Vice President Finance, Steve Klingman, President, David Woods, Controller and Tim Hix, Finance Director, are hereby authorized in the name and on behalf of the LLC including but not limited to the execution of deeds, loan agreements, documents necessary to borrow and lend money, including notes, trust deeds, mortgages, release documents, subordination agreements, purchase and sale agreements, earnest money agreements, closing statements, escrow instructions, indemnity agreements and other documents necessary for the purchase, development, sale and encumbrances of property. BE lT FURTHER RESOTVED that Deborah Flagan, Vice president of Marketing & Team Development and Charlotte Lutrull, Broker are hereby authorized in the name and on behalf of the LLC including but not limited to purchase and sale agreements, earnest money agreements, deeds, indemnity agreements, affidavits, closing statements, escrow instructions and other documents necessary for the sale of property. All previously signed deeds are hereby authorized and ratified. BE lT FURTHER RESOTVED that Abbie Spomer, Agent is hereby authorized in the name and on behalf of the LLC including but not limited to purchase and sale agreements and earnest money agreements for the sale of property. All such previously signed documents are hereby authorized and ratified. tN WTTNESS WHEREOF, the Managing Member of Hayden Homes, LLC sets his hand to record the consent of all members to approve the actions so taken without a formal meeting. Hayden Watson, Managing Member 02/17/22 FPS-2022-0003