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Central Laredo Municipal Management District accepts resignations, appoints director and adopts administrative measures
Summary
At its April meeting the Central Laredo Municipal Management District board accepted two resignations, appointed Anthony Sullivan to a vacant seat, elected officers, adopted a streamlined investment policy, designated a principal office and bank depository, ratified donated summit funds and authorized payments to the appraisal district.
The Central Laredo Municipal Management District board on April 26 accepted the resignations of two directors, appointed Anthony Sullivan to fill a vacancy and approved a series of administrative measures to formalize the district’s operations.
The board moved unanimously to accept the resignation of Justin Heather, who left to accept employment in San Antonio, and to accept the resignation of Kadabad Forez, who said she needs to shift focus from board service. “He was very much an asset and helped us a lot up to this point,” the chair said in thanking Heather for his service.
Why it matters: The meeting completed several housekeeping items necessary to move the district from start‑up to regular operations — seating a replacement director, electing officers, adopting a scaled investment policy and designating a records address and bank — steps the district’s leaders said…
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