Articles of Incorporation of Salina Field House Qualified Active Low-Income Community Business, Inc. ARTICLES OF INCORPORATION
OF
SALINA FIELD HOUSE QUALIFIED ACTIVE
LOW-INCOME COMMUNITY BUSINESS, INC.
ARTICLE 1
CORPORATE NAME
The name of this corporation is Salina Field House Qualified Active Low-Income
Community Business, Inc. ("the Corporation").
ARTICLE 2
REGISTERED OFFICE AND RESIDENT AGENT
The location of the registered office of the Corporation in this state shall be 300 W. Ash
Street, Room 202, Salina, Saline County, Kansas 67401. The resident agent at that address shall be
Salina Field House Qualified Active Low-Income Community Business, Inc.
ARTICLE 3
ORGANIZED NOT FOR PROFIT
This Corporation is organized as a not-for-profit, under and pursuant to the Kansas General
Corporation Code contained in K.S.A. 17-6001 et seq., and shall have no authority to issue capital
stock.
ARTICLE 4
PURPOSES OF THE CORPORATION
The Corporation is organized to function as a qualified active low-income community
business, as defined in Section 45D(d)(2) of the Internal Revenue Code of 1986, as may be
amended from time to time ("Code") and to lessen the burdens of government on the City of Salina,
Kansas (the "City"), which is to be considered as a tax-exempt purpose pursuant to Section
501(c)(3) of the Code. This Corporation shall and may exercise all the powers conferred by the
laws of the State of Kansas upon corporations formed under the laws pursuant to and under which
this Corporation is formed, as such laws are now in effect or may at any time hereafter be amended;
provided, however, that the Corporation's powers are expressly limited under Article 5.
ARTICLE 5
RESTRICTIONS ON POWERS
5.1 Not-for-Profit Restriction. Notwithstanding any other provision of these Articles,
the Corporation shall not carry on any other activities not permitted to be carried on (i) by an
organization exempt from federal income tax under Code Section 501(c)(3), or (ii) by an
organization, contributions to which are deductible under Code Section 170(c)(2).
5.2 No Compensation to Directors. No compensation or payment shall ever be paid or
made to any member, director, officer, creator, or organizer of this Corporation, or substantial
contributor to it (except as reasonable payment for actual services rendered to or for the benefit of
this Corporation in accordance with its charitable purposes). Neither the whole nor any portion of
the assets or net earnings current or accumulated of this Corporation shall ever be distributed to or
divided among any such persons, and neither the whole nor any part or portion of such assets or net
earnings shall ever be used for, accrued to, or inure to the benefit of any member or private individ-
ual within the meaning of Section 501(c)(3) of the Code.
5.3 Political Activities Prohibited. No substantial part of the activities of the
Corporation shall be the carrying on of propaganda, or otherwise attempting to influence legislation,
and the Corporation shall not participate in or intervene in (including the publishing or distribution
of statements) any political campaign on behalf of any candidate for public office.
5.4 Assets Upon Dissolution. Upon dissolution of the Corporation, the Directors shall,
after paying or making provision for the payment of all of the liabilities of the Corporation, transfer
of all of the assets of the Corporation to the City exclusively for the purposes of the Corporation, or
as directed in writing by the City to an organization or organizations organized and operated
exclusively for such purposes as shall at the time qualify as an exempt organization or organizations
under Code Section 501(c)(3). Any assets not so disposed of shall be disposed of by the District
Court of Saline County, Kansas, exclusively for such purposes or to such organization or
organizations, as the Court shall determine, which are organized and operated exclusively for such -
purposes.
ARTICLE 6
MEMBERSHIP OF CORPORATION
The conditions of membership in the Corporation shall be as stated in the Bylaws.
ARTICLE 7
NAME AND ADDRESS OF INCORPORATOR
The name and address of the incorporator is as follows:
City of Salina, Kansas
300 W. Ash Street, Room 202
Salina,KS 67401
ARTICLE 8
DIRECTORS
8.1 Governing Authority. Management of the business and affairs of the
Corporation shall be vested in and conducted by its Board of Directors and its officers.
- 2 -
8.2 Number. Management of the Corporation shall be vested in a Board of Directors
consisting of five persons.
8.3 Eligibility, Election, and Rules Governing Directors. The conditions of
eligibility for members of the Board of Directors and the procedures for electing and governing
them shall be as set forth in the Bylaws of the Corporation.
ARTICLE 9
MEMBERS OF BOARD OF DIRECTORS
The Board of Directors shall be selected by the duly elected and acting City Commissioners
of the City of Salina, Kansas. At least two (2) of the Directors shall not also be directors of Salina
Field House Lender, Inc., a Kansas nonprofit corporation.
• ARTICLE 10
TERM
The term for which this Corporation is to exist is perpetual.
ARTICLE 11
IMMUNITIES,AND LIMITATIONS OF LIABILITY
Except as specifically prohibited or limited by law-and to the fullest.extent-permitted by
law: (1) the members, officers, Board of Directors, and employees of.this,Corporat o ij shall not be•
•personally liable for the debts, liabilities,:of obligations of the Corporation; (2) as:.the.third parties,
all volunteers serving this Corporation, including but not limited to officers and Directors, shall
have immunity from liability for their actions or inactions in connection with service to this
Corporation; (3) no member of the Board of Directors of this Corporation shall be personally liable
to the Corporation or its members for breach of fiduciary duties as a member of the Board of
Directors; and (4) all officers, trustees, and employees of this Corporation shall have immunity
from liability for their actions undertaken in good faith and without actual malice. Nothing herein
shall be construed to otherwise limit or restrict the privileges, immunities or limitations of liability
available to the Corporation itself which are specifically reserved under the law.
ARTICLE 12
CHANGES IN LAW
Any reference in these Articles to a statute of either the United States or a state shall be
interpreted to include a reference to the corresponding provision of any applicable statute of such
entity.
- 3 -
.1
ARTICLE 13
AMENDMENTS
The Articles of Incorporation or these Bylaws may be amended by an affirmative vote of a
majority (no fewer than three) of the total number of members of the Board of Directors (five) at a
meeting, following written notice to each Director given not less than 15 nor more than 60 days
before said meeting, which notice shall set forth the proposed amendment and shall give the date,
time and place of the meeting.
Dated on this /3 day o , 2016
CITY OF SALINA, KANSAS
K.■e J. ra tqf, Mayor
‘i
STATE OF KANSAS, COUNTY OF SALINE, ss:
This instrument was acknowledged before me on awn, 1 3 , 2016, by Kaye J.
Crawford as Mayor of the City of Salina, Kansas.
avio SHANDI L. WICKS +�(�{ /��
Notary Public- State of Kansas `�V�/V��"
My Appt.Expires U f / i�
I Not Public
- 4 -