FSIS Firm Groups Letterhead
CERTIFIED TRUE COPY OF THE RESOLUTION PASSED AT THE MEETING OF THE BOARD OF DIRECTORS OF FSIS FIRM GROUPS HELD AT THE REGISTERED OFFICE OF THE COMPANY AT 2751 COAL STREET, JOHNSTOWN, PENNSYLVANIA 15901 ON 31ST MARCH 2020 AT 10.30 AM.
The managing director Elizabeth J Potts, informed the board that the Johnstown city branch office of FSIS Firm Groups, even though it has been fully operational for the last five years, has not been able to yield profits for the company. The management has taken all efforts to make the branch more profitable, but it has not been successful. The main reason behind this is the high competition from the local businesses for the similar offerings. Therfore, it was suggested to the board of directors for closure of the said branch office.
The board deliberated on the matter. Upon motion duly passed and seconded, it was:
“RESOLVED THAT the consent of the Board of Directors be and is hereby accorded for closure of Johnstown city branch office of FSIS Firm Groups situated at 2751 Coal Street, Johnstown, Pennsylvania 15901.
RESOLVED FURTHER THAT Elizabeth J Potts, Director and Jami T Rojo, Secretary be and is hereby jointly authorised to sign and execute all such documents and instruments as may be required in this connection and to do all such acts, deeds and things as may be necessaryfor completing the closure process of the said branch office.
RESOLVED FURTHER THAT a certified true copy of this resolution be forwarded to all such statutory authorities under the signature of the Managing Director of the FSIS Firm Groups.
Certified True Copy,
Date: 31st March 2020
Name: Elizabeth J Potts