EX-3.16 20 s002407x1_ex3-16.htm EXHIBIT 3.16

Exhibit 3.16
 
CERTIFICATE OF FORMATION
 
OF
 
LGI CROWLEY LAND PARTNERS, LLC
 
 
 
The undersigned, a natural person of the age of eighteen years or more, acting as the sole organizer of a limited liability company under Chapter 101 of the Texas Business Organizations Code (the “Texas Limited Liability Company Act”) does hereby adopt the following Certificate of Formation for such limited liability company:
 
I
 
NAME
 
The naine of the limited liability company is LGI CROWLEY LAND PARTNERS, LLC (the “Company”).
 
II
 
PURPOSE
 
The Company is organized for the purposes of conducting any and all lawful business for which a limited liability company may be organized under the Texas Limited Liability Company Act.
 
III
 
REGISTERED OFFICE AND AGENT
 
The address of the initial registered office of the Company shall be 1450 Lake Robbins Dr., Suite 430, The Woodlands, Texas 77380 and the name of its initial registered agent at such address is Eric T. Lipar.
 

IV
 
MANAGERS
 
The Company is to be managed under the direction of a Board of Managers which shall initially be composed of one manager. The name and address of the party initially serving as manager is as follows:
 
Name 
Address
 
 
LGI Fund III Holdings, LLC
1450 Lake Robbins Drive, Suite 430
 
The Woodlands, Texas 77380
 
V
 
COMPANY AGREEMENT
 
The initial members of the Company shall adopt a Company Agreement which shall set forth all of the provisions for the regulation and management of the affairs of the Company. Any person or entity that acquires a membership interest in the Company shall be bound by the provisions of the Company Agreement, notwithstanding the fact that such person has not executed such Company Agreement or a separate written instrument pursuant to which it agrees to be bound by the provisions thereof.
 
VI
 
ORGANIZER
 
The name and address of the organizer of the Company is:
 
Name 
Address
 
 
Ryan J. Valenza
Winstead PC
 
401 Congress Avenue
 
Suite 2100
 
Austin, Texas 78701

2

 
IN WITNESS WHEREOF, the undersigned has executed this Certificate of Formation in his capacity as sole organizer of the Company as of July 2, 2013.
 
 
/s/ Ryan J. Valenza
 
Ryan J. Valenza
 
3