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HomeMy WebLinkAboutResolution 2008-005RESOLUTION NO. 2008-005 BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF NORTH RICHLAND HILLS, TEXAS: SECTION 1. THAT the following officers of the City of North Richland Hills, Texas are hereby authorized to execute the Texpool Resolution Form Amending Authorized Representatives on behalf of the governing body of the City: Larry Koonce Director of Finance Signature ~~ t-~ ~~-- Laury Fiorello Assistant Director of Finance Signat ~f~.~~,~~ ~~'~ ~~ .~ + ~~~ Toni VanHooser Accountant II Signature.y~ ~ `~ `~ Dickie Stearns Accountant I Signature ~r~J SECTION 2. That the City Manager be and is hereby authorized to execute the amendment form, a copy of which is attached hereto and made a part hereof as the act and deed of this City. PASSED AND APPROVED this the 14th day of January, 2008. CITY N RTH I HLA, ND HI~L.S By: Oscar Tr ino, Mayor APPR D T OR AND LEGALITY: George A. Sta es, C' y Attorney APPROVED AS TO CONTENT: ,P , Larry Ko ce, Director of Finance Resolution No. 2008-005 Page 1 of 3 3 WHEREAS, RESOLUTION AMENDING AUTHORIZED REPRESENTATIVES (Participant Name & I.ocaiion Nuub ar) ("Partiapant.") is alocal government of the State ofTexas and is empowered to delegate m a public funds investment pool the authority to invest funds and to act as custodian of investments purchased with local investment funds; and WHEREAS, it is in the b est interest o f the Participant to invest local funds in investments that provide far the preservation and safety of principal, liquidity, and yield consistent with the Public Funds Investment Act; and WHEREAS, the Texas Local Government Investment Pool ("TexPoollTexpool Prime"), apublic funds investment pool, were created on behalf of entities whose investment objective in order ofpriority are preservation and safety of primp al, liquidity, and yield consistent with the Public Funds Investment Act. NOW THEREFORE, be it resolved as follows: A. That the individuals, whose signatures appear in this Resolution, are Authorized Representatives of the Participant and are each hereby authorized to transmit funds forinvestment in TexPool 1 TexPool Prime and are each further authorized m withdraw funds from time m time, to issue letters of instruction and to take all other actions deemed necessary or appropriate for the investment of local funds. B. That an Authorized Representative of the Patticipantmay bedeleted by awritten instrument signed by all remaining Authorized Representatives provided that the deleted Authorized Representative (1) is assigned job duties thatno longer require access to the Participant's TexPool /TexPool Prime account or (2) is no longer employed by the Participant; and C. That the Participant may by Amending Resolution signed by the Partiapant add an Authorized Representative provided the additional Authorized Representative is an officer, employee, or agent of the Participant; List the Authorized Representatives of the Participant Any new individuals will be issued personal identification numbers to transact business with TexPool Partiapant Services. 1. Name Tide Signature Phone Number ORIGINALS REQUIRED TEX-REP TexPool ParticipazdServrces • Lelanaxt Hrothess 600 Travis St., Suite7?1]J • Houstoxy TX 7~J02 • www.texnoolcam • 1 ~66R39-76fi5 3N4 Resolution No. 2008-005 Page 2 of 3 2. Name Signature 3. Name Signature a. Name Title Phone Number Title Phone Number 'T'itle Signature Phone Number 1_,ist the name of the Authorized Representative listed above that will have primary responsibility for perforrrring transactions and receiving confirmations and monthly statements ureter the Pvticipation Agreement. Name Email H•ax Number In addition and at the option of the Participant, one additional Authorized Representati~~e can Ue designated to pcrGrrnr only inquiry of selected information. T7ris lirniled representative cannel perlbrm h•ansactions. If the Participant d~•sires to designate a representative with inquiry rights only, complete the following information. 5. Name 'T'itle D. That this Resolution and its authorization shall wntinue in full force and effect until amended or revolved by the Participant, and until TesPool Participant Sen~ices receives a copy of an~• such amendment or revocation. 't'his Resolution is hereby introduced and adopted by the Participant at its regular;~special meeting held cm the day , 20 N.aMA; OF' PAR7'IC'IPAN'i': BY Signature Printed Name Title ATTEST: Signature Printed Name Tlus docwnent supersedes :rll prior Authm-ued Rrpresentrrtive designations. ORIGINALS REQUIRED 'IT.l' -REP TexP~xl Pariicipanr Sendces • Lehman Dwlhers 600'I1a~~s SL. Saute 700 • Hon>l on, T\ 77n02 • www.tasn~x Lcom • 1-856 939-7565 3~0~1 Resolution No. 2008-005 Page 3 of 3