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HomeMy WebLinkAboutResolution 2016-021RESOLUTION NO. 2016 -021 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NORTH RICHLAND HILLS AUTHORIZING INVESTMENT OFFICERS. WHEREAS, the City of North Richland Hills is a home rule city acting under its charter adopted by the electorate pursuant to Article XI, Section 5 of the Texas Constitution and Chapter 9 of the Local Government Code; and WHEREAS, the City Council previously appointed investment officers; and WHEREAS, the City Council wishes to update the list of officers authorized to execute investment transactions for the City. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF NORTH RICHLAND HILLS, TEXAS: SECTION 1: The following officers of the City of North Richland Hills, Texas are hereby authorized to execute all investment transactions of the City with all securities dealers, banking institutions, investment pools, and custodial and safekeeping service institutions approved by the City investment committee in accordance with the City's investment policy: Kent Austin Director of Finance Signature Shereen Gendy Assistant Director of Finance Signatur Amanda Brown Accountant II Signatur SECTION 2: The above officers of the City of North Richland Hills, Texas are hereby authorized to execute the Texpool, TexStar, TexasTerm, and Logic Resolutions (Investment Pools) forms amending Authorized representatives on behalf of the governing body of the City. SECTION 3: The City Manager is hereby authorized to execute the amendment forms, a copy of which is attached hereto and made a part hereof, as the act and deed of the City. AND IT IS SO RESOLVED. PASSED AND APPROVED this 25th day of July, 2016. ATTEST: CITY OF By: OR ' ICHLAND HILLS Oscar Trevino, Mayo =z: • 'AAA. teA04FIA"YL Alicia Richardson, City ciSt ``y�` ainnnnunnt ROVED AS TO FORM AND LEGALITY: e Cara Leahy White, A ttorney APPROVED AS TO CONTENT: nt R. Austin, Director of Finance Resolution No. 2016 -021 Page 2 of 2 RESOLUTION CHANGING AUTHORIZED REPRESENTATIVES FOR LOCAL GOVERNMENT INVESTMENT COOPERATIVE WHEREAS, City of North Richland Hills, Texas (the "Government Entity ") by authority of that certain Local Government Investment Cooperative Resolution No. 2016 -021 (the "Resolution ") has entered into that certain Interlocal Agreement (the "Agreement ") and has become a participant in the public funds investment pool created thereunder known as Local Government Investment Cooperative ( "LOGIC "); WHEREAS, the Resolution designated on one or more "Authorized Representatives" within the meaning of the Agreement; WHEREAS, the Government Entity now wishes to update and designate the following persons as the "Authorized Representatives" within the meaning of the Agreement; NOW, THEREFORE, BE IT RESOLVED: The following officers, officials or employees of the Government Entity are hereby designated as "Authorized Representatives" within the meaning of the Agreement, with full power and authority to: deposit money to and withdrawal money from the Government Entity's LOGIC account or accounts from time to time in accordance with the Agreement and the Information Statement describing the Agreement and to take all other actions deemed necessary or appropriate for the investment of funds of the Government Entity in LOGIC: 1. Name: Kent R. Austin Title: Director of Finance Signature: (2 2. Name: Shereen Gendy Signature: 3. Name: Amanda Brown Phone: 817- 427 -6167 Email: kaustin @nrhtx.com Title: Assistant Director of Finance Phone: 817- 427 -6152 Email: sgendy @nrhtx.com Title: Accountant II Phone: 817- 427 -6151 Email: abrown @nrhtx.com 4. Name: Title: Signature: Phone: Email: Amending Resolution 4/7/2016 {REQUIRED} PRIMARY CONTACT: List the name of the Authorized Representative listed above that will be designated as the Primary Contact and will receive all LOGIC correspondence including transaction confirmations and monthly statements Name :Amanda Brown {OPTIONAL} INQUIRY ONLY CONTACT: In addition, the following additional Participant representative (not listed above) is designated as an Inquiry Only Representative authorized to obtain account information: Name: Signature: Title: Phone: Email: Applicant may designate other authorized representatives by written instrument signed by an existing Applicant Authorized Representative or Applicant's chief executive officer. The foregoing supersedes and replaces the Government Entity's previous designation of officers, officials or employees of the Government Entity as Authorized Representatives under the Agreement pursuant to paragraph 4 of the Resolution. Except as hereby modified, the Resolution shall remain in full force and effect. PASSED AND APPROVED this 25th day of `� U Iy OFFICIAL SEAL OF PARTICIPANT ( *RFl1TTTRFT) *1 2016 City of North Richland Hills, Texas SIGNED BY: A E OF 1E JTY /APPLICANT) (Signature of official) Oscar Trevino, Mayor (Printed name and title) ATTESTED BY: (Signature of official) Alicia Richardson, City Secretary (Printed name and title) LOGIC strongly recommends that the Personal Identification Number (PIN) be changed if there is a change in "Authorized Representatives ". Please include a request to change the PIN number when sending the "Amending Resolution" to LOGIC. Amending Resolution 4/7/2016 TEXPOOL AN INVESTMENT SERVICE FOR PUBLIC FUNDS Resolution Amending Authorized Representatives Please use this form to amend or designate Authorized Representatives. This document supersedes all prior Authorized Representative forms. * Required Fields 1. Resolution WHEREAS, 'City of North Richland Hills, Texas Participant Name* 1 17 18 1210161 Location Number* ( "Participant ") is a local government of the State of Texas and is empowered to delegate to 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 best interest of the Participant to invest local funds in investments that provide for the preservation and safety of principal, liquidity, and yield consistent with the Public Funds Investment Act; and WHEREAS, the Texas Local Government Investment Pool ( "TexPool/ Texpool Prime "), a public funds investment pool, were created on behalf of entities whose investment objective in order of priority are preservation and safety of principal, 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 for investment in TexPool / TexPool Prime and are each further authorized to withdraw funds from time to 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 Participant may be deleted by a written instrument signed by two remaining Authorized Representatives provided that the deleted Authorized Representative (1) is assigned job duties that no 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 Participant add an Authorized Representative provided the additional Authorized Representative is an officer, employee, or agent of the Participant; List the Authorized Representative(s) of the Participant. Any new individuals will be issued personal identification numbers to transact business with TexPool Participant Services. 1 Kent R. Austin Name 'Director of Finance Title 1817-427-6167/817-427-6151/kaustin@nrhtx.com Phone /Fax/Email Signature 2 i Shereen Gendy Name 'Assistant Director of Finance Title 1817-427-6152/817-427-6151/sgendy@nrhtx.com Phone /Fax/Email 1 Signature FORM CONTINUES ON NEXT PAGE 1 OF 2 1. Resolution (continued) 31 Name Accountant II Title I817-427-6153/817-427-6151/abrown@nrhtx.com Amanda Brown Phone /Fax/Email Signature 4' Name Title Phone /Fax/Email Signature List the name of the Authorized Representative listed above that will have primary responsibility for performing transactions and receiving confirmations and monthly statements under the Participation Agreement. Amanda Brown Name In addition and at the option of the Participant, one additional Authorized Representative can be designated to perform only inquiry of selected information. This limited representative cannot perform transactions. If the Participant desires to designate a representative with inquiry rights only, complete the following information. Name The Phone /Fax/Email D. That this Resolution and its authorization shall continue in full force and effect until amended or revoked by the Participant, and until TexPool Participant Services receives a copy of any such amendment or revocation. This Resolution is hereby introduced and adopted by the Participant at its regular /special meeting held on the 25th day July , 20 16 . Note: Document is to be signed by your Board President, Mayor or County Judge and attested by your Board Secretary, City Secretary or County Clerk. pity of North Richla e Hills, Texas Name of P. ici SIGNE nt* Signature* Oscar Trevino Printed Name' 'Mayor Title* Signature* Alicia Richardson Printed Name* 'City Secretary Title* 2. Mailing Instructions The completed Resolution Amending Authorized Representatives can be faxed to TexPool Participant Services at 1- 866- 839 -3291, and mailed to: TexPool Participant Services 1001 Texas Avenue, Suite 1400 Houston, TX 77002 ORIGINAL SIGNATURE AND DOCUMENT REQUIRED TEX -REP 2 OF 2 TexPool Participant Services 1001 Texas Avenue, Suite 1400 • Houston, TX 77002 Phone: 1. 866- TEXPOOL (839-7665) • Fax: 1-866-839-3291 • www.texpool.com Managed and Federated Serviced by Federated® G45340.17 (12/15) T AMENDING RESOLUTION WHEREAS, City of North Richland Hills, Texas (the "Government Entity ") by authority of the Application for Participation in TexSTAR (the "Application ") has entered into an Interlocal Agreement (the "Agreement ") and has become a participant in the public funds investment pool created there under known as TexSTAR Short Term Assert Reserve Fund ( "TexSTAR "); WHEREAS, the Application designated on one or more "Authorized Representatives" within the meaning of the Agreement; WHEREAS, the Government Entity now wishes to update and designate the following persons as the "Authorized Representatives" within the meaning of the Agreement; NOW, THEREFORE, BE IT RESOLVED: SECTION 1. The following officers, officials or employees of the Government Entity specified in this document are hereby designated as "Authorized Representatives" within the meaning of the Agreement, with full power and authority to open accounts, to deposit and withdraw funds, to agree to the terms for use of the website for online transactions, to designate other authorized representatives, and to take all other action required or permitted by Government Entity under the Agreement created by the application, all in the name and on behalf of the Government Entity. SECTION 2. This document supersedes and replaces the Government Entity's previous designation of officers, officials or employees of the Government Entity as Authorized Representatives under the Agreement SECTION 3. This resolution will continue in full force and effect until amended or revoked by Government Entity and written notice of the amendment or revocation is delivered to the TExSTAR Board. SECTION 4. Terms used in this resolution have the meanings given to them by the Application. Authorized Representatives. Each of the following Participant officials is designated as Participant's Authorized Representative authorized to give notices and instructions to the Board in accordance with the Agreement, the Bylaws, the Investment Policy, and the Operating Procedures: 2. Name: Shereen Gendy Signature: 3. Name: Amanda Brown Title: Director of Finance Phone: 817- 427 -6167 Email: kaustin @nrhtx.com Title: Assistant Director of Finance Phone: 817- 427 -6152 Email: sgendy @nrhtx.com Title: Accountant II Signature: Phone: 817- 427 -6151 Email: abrown @nrhtx.com 4. Name: Title: Signature: Phone: Email: (REQUIRED) PRIMARY CONTACT: List the name of the Authorized Representative listed above that will be designated as the Primary Contact and will receive all TexSTAR correspondence including transaction confirmations and monthly statements Name: Amanda Brown {OPTIONAL) INQUIRY ONLY CONTACT: In addition, the following additional Participant representative (not listed above) is designated as an Inquiry Only Representative authorized to obtain account information: Name: Title: Signature: Phone: Email: Participant may designate other authorized representatives by written instrument signed by an existing Participant Authorized Representative or Participant's chief executive officer. DATED *REQUIRED* PLACE OFFICIAL SEAL OF ENTITY HERE City of North Richland Hills, Texas SIGNED BY: AdVA■ ( AME PARTICIPANT) (Signature of official) Oscar Trevino, Mayor ATTESTED BY: (Printed name end title) (Signature of official) Alicia Richardson, City Secretary (Printed name and title) FOR INTERNAL USE ONLY APPROVED AND ACCEPTED: TEXAS SHORT TERM ASSET RESERVE FUND ............................................... ............................... AUTHORIZED SIGNER Texas _ ERM L�`col overnrnent Investment Poo( PERMISSIONS Questions? Call 1- 866 - 839 -8376 ADD /UPDATE — REMOVE /RETAIN — Instructions: Complete this form to add, update, remove, or retain a contact(s) and /or their permissions. All contacts must be previously established with the Pool. To establish a new contact, please complete the TexasTERM Contact Record form along with this document. Investor Name: City of North Richland Hills Please list the account number(s) or account title(s) to which this form applies: 1. General account 2. 2013 CO Bonds 3. 2013 GO Bonds 4. 2014 Certificates of Obligation 5. 6. 7. 8. 9. Investor TIN #: 75 - 6005194 10. 11. 12. ADD /VPDATE: Please complete the information below to add or update each Contact's permissions for the accounts listed above 1. 2. CONTACT INFORMATION: (Contact must be previously established with the Pool) ! 1- PERMISSIONS: (Please select all permissions that apply) - -- Contact Name: Shereen Gendy For the following accounts listed above, this contact may: ❑ View account(s) only. a View and initiate transactions. • Open and close accounts. ❑ Change banking instructions and account information. ❑ Assign permissions to and establish other contacts. ✓ Receive statements ✓ Electronic (EON) or ❑ Paper. * Current EON User Name: First and Last Name (Print) Mailing Address: City of North Richland Hills, Texas Agency Name(If Applicable) P.O. Box 820609 Address North Richland Hills TX 76182 City State Zip ._ _CONTACT INFORMATION (Contact must be previously established with, the Pool) PERMISSIONS: (Pleaseselect ailpermissions thatapply) Contact Name: For the following accounts listed above, this contact may: ❑ View account(s) only. ❑ View and initiate transactions. ❑ Open and close accounts. ❑ Change banking instructions and account information. ❑ Assign permissions to other contacts. ❑ Receive statements ✓ Electronic (EON) or • Paper. * Current EON User Name: First and Last Name (Print) Mailing Address: Agency Name(If Applicable) Address City State Zip REMOVE: Contacts to be removed from the accounts listed above. _ - 1. Contact Name: 2. Contact Name: 3. Contact Name: 4. Contact Name: 5. Contact Name: Phyllis O'Neal First and Last Name (Print) Laury Fiorello First and Last Name (Print) First and Last Name (Print) First and Last Name (Print) First and Last Name (Print) 1` RETAIN:' Contacts to remain with no changes on accounts,Iisted'above. 1. Contact Name: Kent Austin First and Last Name (Print) 2. Contact Name: Amanda Brown 3. Contact Name: 4. Contact Name: 5. Contact Name: ( CERTIFICATION: The person who signs this section verifies the information listed above is correct. First and Last Name (Print) First and Last Name (Print) First and Last Name (Print) First and Last Name (Print) The person signing below should be as follows: • For existing accounts this section must be signed by an individual who is currently authorized to designate other authorized persons as per Pool records. • If submitted with a New Investor Application, this section must be signed by the individual who signed the certification section of the New Investor Application. • If submitted with a Trusteed Account Application, this section must be signed by the individual who signed the signature section of the Trusteed Account Application. • The Pool r: serves the right to request proof of authority in the form of election certification, board minutes, resolutions, fiduciary trusts agreement, etc. when updating authorized persons in Pool records. X Autho Si nature Kent Austin Print Name of Authorized Signatory l20lh Date (817) 427 -6167 Phone Number Any document received by email will not be accepted. Please send by fax or mail. FAX TO: TexasTERM Client Services Group 1 -800- 252 -9551 MAIL TO: TexasTERM Client Services Group P.O. Box 11760 Harrisburg, PA 17108 -1760 Texas Local Governmen I vestment Pool; ADDENDUM TO PERMISSIONS Questions? Coll 1- 866 - 839 -8376 ADD /UPDATE- REMOVE /RETAIN — Instructions: Complete this form when you need to add, update, remove, or retain more contacts and /or their permissions. If this addendum is needed, it must accompany the Permissions form. i ADD/UPDATE PERMISSIONS: Please complete the information below to .add or update each contact's permissions._•_ 3. 4. 5. 6. CONTACT INFORMATION: (Contact must be previously established with.the Pool) I j PERMISSIONS_ (Please select all permissions that apply) Contact Name: For the following accounts listed above, this contact may: ❑ View account(s) only. ❑ View and initiate transactions. U Open and close accounts. ❑ Change banking instructions and account information. ❑ Assign permissions to and establish other contacts. ❑ Receive statements ✓ Electronic (EON) or ❑ Paper. * Current EON User Name: First and Last Name (Print) Mailing Address: Agency Name(If Applicable) Address City State Zip I 4— . " CONTACT INFORMATION (Contact must be previously established with the Pooll� _-- •__.___ _ ._, .__-. _., _ __.- __.._, -_, - -- -..-.- A • _-_. PERMISSION'S: (please select all permissions that apply) -_-• __- .__�. - - -- .—__-..__ — Contact Name: For the following accounts listed above, this contact may: ❑ View account(s) only. ❑ View and initiate transactions. ❑ Open and close accounts. ❑ Change banking instructions and account information. ❑ Assign permissions to other contacts. ❑ Receive statements ✓ Electronic (EON) or ❑ Paper. * Current EON User Name: First and Last Name (Print) Mailing Address: Agency Name(If Applicable) Address City State Zip L— CONTACT INFORMATION: (Contact must be previously established wjth the Pool) i 1.7 PERMISSIONS: (Please select'all permissions that apply) g . Contact Name: For the following accounts listed above, this contact may: ❑ View account(s) only. ❑ View and initiate transactions. ❑ Open and close accounts. ❑ Change banking instructions and account information. ❑ Assign permissions to other contacts. ❑ Receive statements ✓ Electronic (EON) or ❑ Paper. * Current EON User Name: First and Last Name (Print) Mailing Address: Agency Name(If Applicable) Address City State Zip CONTACT INFORMATION: (Contact must be previously established, with the Pool —y PERMISSIONS: (Please selectalt permissionstfiat apply) Contact Name: For the following accounts listed above, this contact may: ❑ View account(s) only. ❑ View and initiate transactions. ❑ Open and close accounts. ❑ Change banking instructions and account information. Assign permissions to other contacts. ❑ Receive statements ✓ Electronic (EON) or ❑ Paper. * Current EON User Name: First and Last Name (Print) Mailing Address: Agency Name(IfApplicable) Address City State Zip !_ REMOVE:- Contacts:to be removed from the accounts listed above, _ , 6. Contact Name: 7. Contact Name: 8. Contact Name: 9. Contact Name: 10. Contact Name: First and Last Name (Print) First and Last Name (Print) First and Last Name (Print) First and Last Name (Print) First and Last Name (Print) RETAIN: Contacts to remain on accounts listed above with no changes___, 6. Contact Name: 7. Contact Name: 8. Contact Name: 9. Contact Name: 10. Contact Name: First and Last Name (Print) First and Last Name (Print) First and Last Name (Print) First and Last Name (Print) Any document received by email will not be accepted. Please send by fax or mail. FAX TO: TexasTERM Client Services Group 1- 800 - 252 -9551 MAIL TO: TexasTERM Client Services Group P.O. Box 11760 Harrisburg, PA 17108 -1760 First and Last Name (Print)