EXHIBIT 3(i)
ARTICLES OF ORGANIZATION OF REGISTRANT
<PAGE>
ARTICLES OF ORGANIZATION
OF
COR DEVELOPMENT, LLC
The undersigned hereby associate themselves together to form and establish a
limited liability company under the laws of the State of Kansas.
ARTICLE I
The name of the limited liability company is COR DEVELOPMENT, LLC (the
"Company").
ARTICLE II
The latest date on which the Limited Liability Company is to dissolve is
March 21, 2050.
ARTICLE III
The Company is organized for profit and the nature of its business and
purposes to be conducted or promoted is:
A.To enter into any lawful contract or contracts with persons, firms,
corporations, other entities, governments or any agencies or subdivision
thereof, including guaranteeing the performance of any contract or any
obligation of any person, firm, corporation or other entity.
B. To invest, lend and deal with monies of the Limited Liability Company in
any lawful manner.
C. To engage in the transaction of the real-estate industry business and in
any and all lawful business for which a Limited Liability Company may be
organized under the laws of the State of Kansas pertaining to Limited Liability
Companies.
D. To do all and everything necessary, suitable, convenient or proper for the
accomplishment of any one or more of the purposes herein enumerated, or
incidental to powers herein named, or which at any time appear conducive or
expedient for the protection or benefit of the Limited Liability Company.
E. To engage in any lawful act or activities for which limited liability
companies may be organized under the Kansas Limited Liability Company Act,
K.S.A. 17-7601, et seq.
<PAGE>
ARTICLE IV
The address of the Limited Liability Company's initial registered office in
this state is 12625 Overbrook Drive, Leawood, Johnson County, Kansas 66209, and
the name of its initial agent at such address is Arthur E. Fillmore, II.
ARTICLE V
Additional members may be admitted, but only with the unanimous consent of
all the members, as more specifically set forth in the Operating Agreement of
the Company.
ARTICLE VI
Upon the death, retirement, resignation, expulsion, bankruptcy, or
dissolution of a member or occurrence of any other event which terminates the
continued membership of a member in the Company as more specifically set forth
in the Operating Agreement of the Company, the remaining members of the Company
have the right to continue the business.
ARTICLE VII
There shall at all times be one (1) Manager of the Company, or such other
number as shall be stated in the Operating Agreement of the Company.
The day-to-day operations of the Company shall be carried out by a Manager,
or in his/her absence or disability, an Assistant Manager, whose names and
addresses are listed below, who shall have the authority to make operational
decisions for the Company. The initial Manager of the Company shall be:
United Methodist Church of the Resurrection or its subsidiary
13720 Roe
Leawood, Kansas 66224
The Manager will continue to serve as Manager until a successor is duly
elected and qualified.
The Manager is specifically authorized, in the name of and on behalf of the
Company to:
Make management decisions regarding the acquisition, development, sale and
lease of real estate to be acquired and commercial buildings to be leased or
sold.
2
<PAGE>
ARTICLE VIII
Additional provisions relating to the formation and operations of the Company
are set forth in the Operating Agreement of the Company.
ARTICLE IX
These Articles may be executed in counterparts, all of which taken together
shall constitute one instrument.
IN WITNESS WHEREOF, these Articles of Organization have been signed this 22nd
day of March, 2000.
/s/ Arthur E. Fillmore
Arthur E. Fillmore
STATE OF MISSOURI )
) ss.
COUNTY OF JACKSON )
I, the undersigned, a Notary Public, do hereby certify that on the 22nd day
of March, 2000, personally appeared before me Arthur E. Fillmore, who signed the
foregoing document as Organizer and that the statements therein contained are
true to the best of his knowledge, information and belief.
/s/ Donna M.S. Gouge
Notary Public
My Commission Expires: January 26, 2004
3
