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A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE NEWPORT NEWS
REDEVELOPMENT AND HOUSING AUTHORITY ADOPTING THE OPERATING
AGREEMENT OF ORCUTT TH 30 LLC
WHEREAS, the Board of Commissioners for the Newport News Redevelopment
and Housing Authority (the “Authority”) previously adopted a resolution forming Orcutt TH
30, LLC; and
WHEREAS, City Council for the City of Newport News approved the formation of
Orcutt TH 30, LLC on February 24, 2026; and
WHEREAS, the purpose of Orcutt TH 30, LLC is to hold the investment
membership interests of Orcutt Townhomes III, LLC; and
WHEREAS, the Authority is the sole member of Orcutt TH 30, LLC; and
WHEREAS, it is appropriate for the member of Orcutt TH 30, LLC to adopt an
operating agreement;
NOW THEREFORE IT BE RESOLVED that the Board of Commissioners as the
sole member of Orcutt TH 30, LLC adopt the attached operating agreement.
AND IT FURTHER BE RESOLVED that the Board appoint, as set forth in the
operating agreement, the Executive Director of the Authority as president of Orcutt TH
30, LLC.Jump to an indexed page (65 of 65)