ARTICLES OF INCORPORATION

OF

AERO VALLEY PROPERTY OWNERS ASSOCIATION, INC.

ARTICLE ONE

         The name of the Corporation is AERO VALLEY PROPERTY OWNERS ASSOCIATION, INC.(Amended2020)

ARTICLE TWO

         The corporation is a nonprofit corporation.

ARTICLE THREE

         The period of its duration is perpetual.

ARTICLE FOUR

         The Corporation is organized for the following purposes:

1.  To govern and manage Northwest Regional Airport for the benefit of all properties within airport boundaries under the authority of (a) [the Deed Restrictions]Amended2020 and (b) the Association’s amended bylaws that transfer the rights, duties and governing authority of the original Architectural Control Committee (established by the original Deed Restrictions of Aero Valley Development Company as identified in the Recitals of the Integrated Deed Restrictions) to the Association’s Board of Directors.(Amended2016)

2. To acquire and maintain property and facilities for the use, enjoyment and benefit of individuals who reside within the geographic area served by the Association as may be established by the Board of Directors pursuant to the Association’s Bylaws.(Amended2016)

3. To promote and encourage the use, operation and maintenance of Northwest Regional Airport for the benefit of the geographic area served by the Airport, as established by the Board of Directors, and for the benefit of users of the airport, including the flying public, as deemed appropriate by the Board.(Amended2016)

4. To acquire other properties and construct buildings for such purposes.

5. To engage in all types of activities not prohibited by law that will promote better citizenship among its members and stimulate educational and other activities as will raise the standards of civic morality and community welfare; and (Amended1990)

6. To promote and foster mutual understanding, goodwill, and a safe, healthy(Amended1990) and sanitary environment;

7. To disseminate such knowledge as may be useful for its members in their work, leisure, and home life and as such, makes them more proficient in their activities as citizens and residents of the State of Texas.

No part of the net earnings of the corporation shall inure to the benefit of, or be distributed to its members, trustees, officers, or other private persons except that the corporation shall be authorized and empowered to pay reasonable compensation for services rendered to make payments and distributions in furtherance of the purposes set forth in this Article Four.” (Amended1990).

ARTICLE FIVE

The registered agent is an individual of this state whose name is set forth below:

Name: Lawrence R. Martin

The business address of the registered agent and the registered office address is:

Street Address: 12829 Saratoga Springs Circle, Fort Worth, Texas  76244(Amended2020)

ARTICLE SIX

The number of Directors constituting the initial Board of Directors of the corporation is seven (7) although such number may be subsequently altered and determined by the bylaws of the corporation. The names and addresses of the persons who are to serve as the initial Directors are:

         Don Hawkins                                             Thaime Brandt

         1001 Airway Blvd.                                     1001 Airway Blvd.

         Roanoke, Texas  76262                             Roanoke, Texas  76262

         Gary Laughlin                                            Bob Cole

         1001 Airway Blvd.                                     1001 Airway Blvd.

         Roanoke, Texas  76262                             Roanoke, Texas  76262

         Dean Henry                                                Zenna Rucker

         1001 Airway Blvd.                                     1001 Airway Blvd.

         Roanoke, Texas  76262                             Roanoke, Texas  76262

         Bill Rucker

         1001 Airway Blvd.

         Roanoke, Texas  76262

ARTICLE SEVEN

The name and street address of each Incorporator is:

         Don Hawkins                                         Bob Cole

         1001 Airway Blvd.                                     1001 Airway Blvd.

         Roanoke, Texas  76262                             Roanoke, Texas  76262

         Dean Henry

         1001 Airway Blvd.

         Roanoke, Texas  76262

         IN WITNESS WHEREOF:  We have hereunto set my hand this _______ day of __________, 1985. 

                                                                                 (Signed)

                                                                             ______________________

                                                                             Don Hawkins, Incorporator

                                                                                 (Signed)

                                                                             _______________________

                                                                                 Bob Cole, Incorporator

                                                                                 (Signed)

                                                                                 ________________________

                                                                                 Dean Henry, Incorporator

STATE OF TEXAS

COUNTY OF DENTON

         Before me a notary public……