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HomeMy WebLinkAboutArticles of OrganizationARTICLES OF ORGANIZATION OF SARMIENTO ADVERTISING GROUP, L.L.C. The undersigned hereby certify that we have associated ourselves together for the purpose of becoming a limited liability company under the laws of the State of Florida, providing for the formation, rights, privileges and immunities of limited liability companies for profit. We " further declare that the following Articles shall be the Charter and authority. for the conduct of business of such limited'liability company. x; ARTICLE I NAME The name of the limited liability company shall be SARMIENTO ADVERTISING GROUP, L.L.C., and its principal place of business shall be in the City of Miami, County of Dade, State of Florida, but it shall have the power and authority to establish branch offices at suclk.O.Rce o. places as may be designed by the members. ',n r�s ARTICLE IT �e t-'' fri PURPOSES AND POWERS - ny21 The general nature of the business or businesses to be transacted and which the limited ilityy company is authorized to transact in addition to those authorized by the laws of the egg of � Florida, and the powers of the limited liability company, shall be as follows: 1. To engage in any activity or business authorized under the Florida Statutes. 2. In general, to carry on any and all incidental business; to have and exercise all the powers conferred by the laws of the State of Florida, and to do any and all things herein set forth to the same extent as a natural person might or could do. 3. To purchase or otherwise acquire, undertake, can-y on, improve -or develop, all or any of the business, goodwill, rights, assets and liabilities of any person, firm, association, or corporation, carrying on any kind of business of a similar nature, to that which this limited liability company is authorized to carry on, pursuant to the provisions of the Articles, and to bold, utilize and in any manner dispose of the rights and property so acquired. 4. To enter into and make all necessary contracts for its business with any person, entity, partnership, association, corporation, domestic or foreign, or of any domestic or foreign state, government or governmental authority, or of any political or administrative subdivision Document Prepared By Rickard A. Alayon, Esq.: hone falphen Leon, Esq. Florida .liar No.: 481834 Alayon & Associates, P.A. 2450 S. W. 13 7th Avenue, Suite 226 :Viand, Florida 33175 Tel: (305) 221-2110 or. department thereof, and to perform and carry out, assign, cancel or rescind any of such contracts. 5. To exercise all or any of the limited liability company powers and to carry out all or any of the purposes enumerated herein, otherwise granted or permitted by law, while acting as agent, nominee, or attorney, -in -fact, for any persons or corporations, and perform any service under contract or otherwise for any corporation, joint stock company, association, partnership, fin-n, syndicate, individual or other entity, and in such capacity or under such arrangement develop, improve, stabilize, strengthen, or extend the property and commercial interest thereof, and to aid, assist, or participate in any lawful enterprise in connection therewith or incidental to such agency, representation, or service, or to render any other service or assistance insofar as it lawfuIIy may under the Iaws of the laws of the State of Florida, providing for the formation, rights, privileges, and immunities of limited liability companies for profit. b. To do everything necessary, proper, advisable, or convenient for the accomplishment of any of the purposes, or the attainment of any of the objects, or the furtherance of any of the powers herein set forth, either alone or in association with others, incidental or pertaining to, or going out of, or connected with its business or powers, provided the same shall not be inconsistent with the laws of the State of Florida. 7. The several clauses contained in this statement of the general natur5 tI e, business or businesses to be transacted shall be construed as both purposes and powers'-pg thlE limited liability company, and statements contained in each clause shall, except as oitle4vis expressed, be in no way limited or restricted by reference to or inference from the terma:5 anyy CA) rro =C ZE 8. Nothing herein contained shall be deemed or construed as authori permitting, or purporting to authorize or permit, the limited liability company to carry-ganp business, exercise any power, or do any act which a limited liability company may note under the laws of the State of Florida, lawfully carry on, exercise or do. other clause. They shall be regarded as independent purposes and powers. ARTICLE IIi CAPITAL CONTRIBUTIONS Capital contributions in the amount of Ten Thousand and 00/100 Dollars (S10,000.00) cash shall be paid to the limited liability company by the members as foIIows: SILVIA FAMES 1% EDUARDO TERRANOVA 99% Additional contributions will be made as required for investment purposes, as determined by unanimous consent of the members. Members will make contributions in amounts -equal to aforementioned shares. 2 ARTICLE IV PROFITS AND LOSSES 1. Sharing, of Profits. The.m.rs shall be entitled to the net profits arising from the operation of the limited liability company business that remain, after the payment of the expenses -of conducting the business of the limited liability company as follows: SILVIA JAMES I % EDUARDO TERRANOVA 99% The distributive share of the profits shall be determined and paid to the members on the anniversary date of the commencement of business of the limited liability company. 2. Losses. All losses that occur in the operation of the limited liability company , business shall be paid out of the capital of the limited liability company and the profits &he— business. ARTICLE V 17; LIMITED LIABILITY COMPANY POWERS —v All limited liability company powers shall be exercised by or under the authority of, ana, business and affairs of this limited liability company shall be managed under the directidg f the members of this Iirnited liability company. This Article may be amended, from time to tune, in the regulations of the limited liability company by an unanimous vote of the members of the limited liability company. ARTICLE VI DURATION The limited liability company shall exist perpetually existence or until dissolved in a manner provided by law, or as provided in the regulations adopted by the members. ARTICLE VII PRINCIPAL PLACE OF BUSINESS AND MAILING ADDFI.ESS .. The principal office and mailing address of this limited liability company shall be c/o Mayon & Associates, P.A., 2450 S.W. 137th Avenue, Suite 226, Miami, Florida 33175. 3 ARTICLE VIII MANAGEMENT Management of this Iimited liability company is reserved to .a manager, who shall serve as such until the first annual meeting of members or until its successors are elected and qualify, whose name and address are as follows: SILVIA JAMES c/o Alayon & Associates, P.A. 2450 S.W. 13711' Avenue Suite 226 Miaani, Florida 33175 ARTICLE IX INITIAL REGISTERED OFFICE x CD AND REGISTERED AGENTTsa _ m The address of the initial registered office of the limited liability company is pw REGISTERED AGENT, INC., 2450 S.W. 137th Avenue, Suite 226, Miami, Florida 335,7 and the name of its initial registered agent at such address is A&P REGISTERED A[ }abT, INC. =rn ARTICLE X RESTRICTIONS ON MEMBERSHIP - Members shall have the right to admit new members by unanimous -consent. Contributions required of new members shall be determined as of the time of admission to the Iimited liability company. A member's interest in the Iimited liability company may not be sold or otherwise transferred, except with unanimous written consent Of a majority of the members. Upon the death, retirement, resignation, expulsion, bankruptcy or dissolution of a member, or the occurrence of any other event that terminates the continued membership of a member in the limited liability cornpany, the remaining members shall have the right continue the business upon unanimous consent of such remaining members. The undersigned, being the original members of the limited liability company, hereby certify that , the foregoing constitutes the proposed Articles of Organization of SARMJENTO ADVERTISING GROUP, L.L.C. 4 Executed by the undersigned at Miami, Miami -Dade County, Florida, this t ] day of _ January, 2001. SILVIA JAMES, Managing Member STATE OF FLORIDA ) ) SS. COUNTY OF MIAMI-DADE ) The foregoing Articles of Organization of SARMIENTO ADVERTISING GROUP, L.L.C., were acknowledged before me, a Notary Public in and for the State of Florida, this 17 day of January, 2001, by SILVI4 JAMES, Managing Member, who is personally known to me or who has produced (d('r A r.�. as identification, of ehalf of the Trimited Liability Company. ��� ac,) (:) r "rn — r. C.- �--I-1 = omoANtiorrs ac ua - , State of Florida ,' ' , GRAcI ARSORBII '.3 W My Commission Expires: NOTARY PUBLIC STATE OP FLORIDA _Ti -p COMMISSION NO. CQ6736P MY COMMISSION $7CA. AUG. 732001 4-�-1 x- ACCEPTANCE BY REGISTERED AGENT Having been appointed the registered agent of SARMIENTO ADVERTISING GROUP, LLC, the undersigned hereby accepts such appointment, agrees to act in such capacity, and accepts the obligations imposed by Florida Statutes Section 607.325. Executed this 00 day of January, 2001. A&P REGIST A ENT, I 5 Ivette f 1phen Leon,