Consider and take appropriate action to elect and appoint a representative of the Corporations. (Commissioner <span style="color: rgb(65, 65, 65); font-family: sans-serif; font-size: 14px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: left; text-indent: 0px; text-transform: none; white-space: normal;

Staff Report & Agenda Item Details

A new Corporations Managing Director started in April 2026. The item allows the Board to appoint James B. May as the Corporations Managing Director and authorize him to represent the Corporations. The resolution is necessary to demonstrate to banks and other entities Mr. May's authority to represent and/or sign documents on behalf of the Corporations. Additional resolutions or Board actions may be needed to add him to specific pool or bank accounts as required by each individual institution.