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HomeMy WebLinkAboutResolution 2016-034RESOLUTION NO. 2016 -034 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. THAT 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: Mark Mills Budget Director /Interim Finance Director Signature Shereen Gendy Assistant Director of Finance Signature Amanda Brown Accountant II Signature SECTION 2. THAT 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. THAT 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 the 14th day of November, 2016. CITY • • OR ki RICHLAND HILLS /V A Oscar' ino, Mayor By: Resolution No. 2016 -034 Page 1 of 2 owillimunllo ATTEST: . s : Alicia Richardson, City 5%efiOpry APPROVED AS TO FORM AND LEGALITY: / ALL.A.L■411 aleshia Farmer, City Attorney APPROVED AS TO CONTENT: Mark C. Mills, Budget Director / Interim Finance Director Resolution No. 2016-034 Page 2 of 2 p="' Resolution Amending 11 1111 * ill Illl Authorized Representatives TExPOOL AN INVESTMENT SERVICE FOR PUBLIC FUNDS 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 I 17 18 12 10 16 I Participant Name* 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.'Mark C. Mills I Name Interim Finance Director I Title k817)427-6052/(817)427-6151 /mmills @nrhtx.com ' Phone/Fax/Email Signature 2 I Shereen Gendy I Name IAssistant Director of Finance I Title '(817)427-6152/(817)427-6151 /sgendy @nrhtx.com I Phone/Fax/Email Signature FORM CONTINUES ON NEXT PAGE 1 OF 2 1. Resolution(continued) 3.'Amanda Brown I Name I Accountant II Title 1(817)427-6153/(817)427-6151 /abrown @nrhtx.com I Phone/Fax/Email Signature 4.1 1 Name Title Phone/Fax/Email 1 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 1 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. 'Amanda Townsend 1 Name 'Finance Assistant I Title 1(817)427-6169/(817)427-6151 /atownsend @nrhtx.com 1 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 14th day November ,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 Richland Hills, Texas Name of Pa ip t* SIGNED TEST Signature* Signature* 'Oscar Trevino I "Alicia Richardson Printed Name* Printed Name* "Mayor 1 'City Secretary Title* 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 Managed and Federated 1001 Texas Avenue,Suite 1400 • Houston,TX 77002 Serviced by o Phone:1-866-TEXPOOL(839-7665) • Fax:1-866-839-3291 • www.texpool.com G45340-17(12/15) TexSTARAii 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: 1. Name: Mark C. Mills Title: Interim Finance Director Signature: Phone: 817-427-6052 Email:mmills @nrhtx.com 2. Name: Shereen Gendy Title:Assistant Director of Finance Signature: Phone: 817-427-6152 Email:sgendy @nrhtx.com 3. Name: Amanda Brown Title:Accountant I I 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: Amanda Townsend Title: Finance Assistant Signature: Phone: (817) 427-6169 Email:atownsend @nrhtx.com Participant may designate other authorized representatives by written instrument signed by an existing Participant Authorized Representative or Participant's chief executive officer. DATED *REQUIRED* City•Nort 4 Richland Hills, Texas PLACE OFFICIAL SEAL OF ENTITY HERE ME OF PARTICIPANT) SIGNED BY: 'r •'ignature of official) ollltrllllo o Oscar Trevino, Mayor R' ' • % (Printed name and title) off. n ■ l ATTESTED BY: h :.� (Signature of official) ���� Alicia Richardson, City Secretary /`*';;ill' ‘` �,� (Printed name and title) // FOR INTERNAL USE ONLY APPROVED AND ACCEPTED:TEXAS SHORT TERM ASSET RESERVE FUND .............................................................................. AUTHORIZED SIGNER 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: 1. Name: Mark C. Mills Title: Interim Finance Director • Signature: Phone: 817-427-6052 Email: mmills @nrhtx.com 2. Name: Shereen Gendy Title:Assistant Director of Finance Signature: Phone: 817-427-6152 Email:sgendy @nrhtx.com 3. Name: Amanda Brown 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: Amanda Townsend Title: Finance Assistant Signature: Phone: (817) 427-6169 Email:atownsend @nrhtx.com Participant may designate other authorized representatives by written instrument signed by an existing Participant Authorized Representative or Participant's chief executive officer. DATED *REQUIRED* City of North ichland Hills, Texas PLACE OFFICIAL SEAL OF ENTITY HERE '(NA VIE OF PARTICIPANT) SIGNED BY: _ ta101 (Signature of official) \11tIu1IIIIIUhII/,,,,, Oscar Trevino, Mayor (Printed name and title) =z• B 'r ATTESTED BY: 1-tet 1k =u-'• h .7. � (Signature of official) •. ,�-'i�jy� Alicia Richardson, City Secretary "CJV;``0 (Printed name and title) ` FOR INTERNAL USE ONLY APPROVED AND ACCEPTED:TEXAS SHORT TERM ASSET RESERVE FUND .............................................................................. AUTHORIZED SIGNER Texas', ERM PERMISSIONS Local Government Investment Pool 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 Investor TIN#: 75 - 6005194 Please list the account number(s)or account title(s)to which this form applies: 1. General account 4. 2014 Certificates of Obligation 7. 10. 2. 2013 CO Bonds 5. 8. 11. 3. 2013 GO Bonds 6. 9. 12. ADD/UPDATE: Please complete the information below to add or update each Contact's permissions for the accounts listed above. 1. CONTACT INFORMATION:(Contact must be previously established with the Pool) PERMISSIONS:(Please select all permissions that apply) Contact Name: Mark Mills For the following accounts listed above,this contact may: First and Last Name(Print) ❑View account(s)only. Mailing Address: City of North Richland Hills, Texas 0 view and initiate transactions. Agency Name(If Applicable) 0 Open and close accounts. P.O. Box 820609 fg Change banking instructions and account information. Address 0 Assign permissions to and establish other contacts. North Richland Hills TX 76182 0 Receive statements Electronic(EON)or Paper. City State zip *Current EON User Name: 2. CONTACT INFORMATION:(Contact must be previously established with the Pool) PERMISSIONS:(Please select all permissions that apply) Contact Name: Amanda Townsend For the following accounts listed above,this contact may: First and Last Name(Print) 0 View account(s)only. Mailing Address: City of North Richland Hills,Texas ❑View and initiate transactions. Agency Name(If Applicable) ❑Open and close accounts. P.O. Box 820609 ❑Change banking instructions and account information. Address ❑Assign permissions to other contacts. North Richland Hills TX 76182 ❑Receive statements ri Electronic(EON)or ❑Paper. City State zip *Current EON User Name: REMOVE: Contacts to be removed from the accounts listed above. RETAIN: Contacts to remain with no changes on accounts listed above. 1. Contact Name: Kent Austin 1. Contact Name: Shereen Gendy First and Last Name(Print) First and Last Name(Print) 2. Contact Name: 2. Contact Name: Amanda Brown First and Last Name(Print) First and Last Name(Print) 3. Contact Name: 3. Contact Name: First and Last Name(Print) First and Last Name(Print) 4. Contact Name: 4. Contact Name: First and Last Name(Print) First and Last Name(Print) 5. Contact Name: 5. Contact Name: First and Last Name(Print) First and Last Name(Print) CERTIFICATION: The person who signs this section verifies the information listed above is correct. 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 reserves 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 11/14/16 Authorized Signature Date Mark C. Mills (817) 427-6052 Print Name of Authorized Signatory Phone Number Any document received by email will not be accepted. Please send by fax or mail. POOL USE ONLY FAX TO: TexasTERM Client Services Group MAIL TO: TexasTERM Client Services Group V2014,12 DATE INITIALS 1-800-252-9551 P.O.Box 11760 Processed Harrisburg,PA 17108-1760 Confirmed -- Texas' ERM ADDENDUM TO PERMISSIONS Local Government Investment Pool Questions?Call 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. ADD/UPDATE PERMISSIONS: Please complete the information below to add or update each contact's permissions. 3. CONTACT INFORMATION:(Contact must be previously established with the Pool) PERMISSIONS:(Please select all permissions that apply) Contact Name: For the following accounts listed above,this contact may: First and Last Name(Print) ❑View account(s)only. Mailing Address: ❑View and initiate transactions. Agency Name(If Applicable) ❑Open and close accounts. ❑Change banking instructions and account information. Address ❑Assign permissions to and establish other contacts. ❑Receive statements 151 Electronic(EON)or ❑Paper. City State Zip *Current EON User Name: 4. CONTACT INFORMATION:(Contact must be previously established with the Pool) PERMISSIONS:(Please select all permissions that apply) Contact Name: For the following accounts listed above,this contact may: First and Last Name(Print) ❑View account(s)only. Mailing Address: ❑View and initiate transactions. Agency Name(If Applicable) ❑Open and close accounts. ❑Change banking instructions and account information. Address ❑Assign permissions to other contacts. ❑Receive statements Ig Electronic(EON)or ❑Paper. City State Zip *Current EON User Name: 5. CONTACT INFORMATION:(Contact must be previously established with the Pool) PERMISSIONS:(Please select all permissions that apply) Contact Name: For the following accounts listed above,this contact may: First and Last Name(Print) ❑View account(s)only. Mailing Address: ❑View and initiate transactions. Agency Name(If Applicable) ❑Open and close accounts. ❑Change banking instructions and account information. Address ❑Assign permissions to other contacts. ❑Receive statements Q Electronic(EON)or ❑Paper. City State zip *Current EON User Name: 6. CONTACT INFORMATION:(Contact must be previously established with the Pool) PERMISSIONS:(Please select all permissions that apply) Contact Name: For the following accounts listed above,this contact may: First and Last Name(Print) ❑View account(s)only. Mailing Address: p View and initiate transactions. Agency Name(If Applicable) ❑Open and close accounts. ❑Change banking instructions and account information. Address ❑Assign permissions to other contacts. ❑Receive statements 0 Electronic(EON)or ❑Paper. City State Zip *Current EON User Name: REMOVE: Contacts to be removed from the accounts listed above. RETAIN: Contacts to remain on accounts listed above with no changes. 6. Contact Name: 6. Contact Name: First and Last Name(Print) First and Last Name(Print) 7. Contact Name: 7. Contact Name: First and Last Name(Print) First and Last Name(Print) 8. Contact Name: 8. Contact Name: First and Last Name(Print) First and Last Name(Print) 9. Contact Name: 9. Contact Name: First and Last Name(Print) First and Last Name(Print) 10. Contact Name: 10. Contact Name: 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. POOL USE ONLY FAX TO: TexasTERM Client Services Group MAIL TO: TexasTERM Client Services Group V2014.12 DATE INITIALS 1-800-252-9551 P.O.Box 11760 Processed Harrisburg,PA 17108-1760 Confirmed _— 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.2016-034 (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: Mark C. Mills Title: Interim Finance Director Signature: Phone: 817-427-6052 Email: mmills @nrhtx.com 2.Name: Shereen Gendy Title: Assistant Director of Finance Signature: Phone: 817-427-6152 Email: sgendy @nrhtx.com 3.Name: Amanda Brown Title: Accountant I I Signature: 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: Amanda Townsend Title: Finance Assistant Signature: Phone: (817) 427-6169 Email:atownsend @nrhtx.com 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 14th day of November 2016 City of North Richland Hills, Texas NAME • ,NTITY/APPLICANT) SIGNED BY: /cr gnature of official) ,,to M`ullo. Oscar Trevino, Mayor \\1 /, �* O'y�= (Printed name and title) .4` o i r '{can _ qz:_f\,,'. r1 .,�s ATTESTED BY: �' ...*•'��d0S�s (Signature of official) /4,Lj1r/llNdI11111t11\\\\\ Alicia Richardson, City Secretary (Printed name and title) OFFICIAL SEAL OF PARTICIPANT (*RFOITIRFf*1 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