HomeMy WebLinkAboutResolution 1998-065RESOLUTION NO. 98-65
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF NORTH
RICHLAND HILLS, TEXAS, THAT:
1.
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:
a
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Larry Koonce Director of Finance Signature ".~C" ~~;~,-~ ~~,~ta;-,."~_.~-- -'
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Jackie Theriot Accounting Manager Signature Q~;~„~~.1~
Jennifer Nance Accountant Si nature `4 ~--~-
Blanche Dennis Accounting Technician Signature ~~.-~ _, k.~%~.~-~.,.~_..~--
2.
The Mayor is hereby authorized to execute the amendment form, a copy of which is
attached hereto and made a part hereof and marked Exhibit "A", to authorize the
aforementioned individuals to conduct business with Texpool as authorized representatives of
the City as the act and deed of this City.
PRESENTED AND PASSED on this the 14th day December 1998
f`
Charles Scoma, Mayor
ATTEST:
Patricia Hutson, City Secretary
APPR A~TO FOR ND LEGALITY..
__..._
ex McEntire, City Attorney
APPROVED AS TO CONTENT:
~~
Larry Koonce! Director of Finance
RESOLUTION
AMENDING AUTHORIZED REPRESENTATIVES
WHEREAS, City of North Richland Hills
(the "Participant") is a political subdivision of the State of Texas and is empowered to delegate
to a public funds investment pool the authority to invest funds, to act as a custodian of
investments purchased with local investment funds; and
WHEREAS, the Treasurer of the State of Texas, acting by and through the Texas
Treasury Safekeeping Trust Company (the "Trust Company"),has created "TexPool", a public
funds investment pool, to effectuate the goals of providing investments at the highest possible
yield and maintaining complete safety of the funds of the Participant;
RrHEREAS, the Participant hereby requests the following changes regarding the
individuals authorized to act on behalf of the Participant;
NOW THEREFORE, be it resolved as follows:
A• That City of North Richland Hills
has entered into a Participation Agreement and has established an account
in its name with the Trust Company's Local Government Investment Pool,
"TexPool", for the purpose of transmitting local funds for investment by the
Trust Company in TexPool;
B• That the following individuals, whose signatures appear on page 2 of this
Resolution, aze officers, employees, or authorized representatives of the
Participant and aze each hereby authorized to transmit funds to the Trust
Company for investment in TexPool 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:
(over)
23007 7/27/92
,in Ixnstmenf Sm+cs joy Public Fangs
Page 2
1. Name Larr~~~ Koonce
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Signature / ~~ ~ ~ <- r-z l~~-t-~t-t"'--~
Title Director of Finance
2. Name '~~c~-ie Theri~~t Title
Signature ~ ~„~ -~ ~ t ~ l.~t-..'~.,1
t
Accounting 'Manager
3. Name Jennifer Nance Title Accountant
~1
~`~u~it_~~j~J
Signature l
4. Name B_snche Dennis~/~~,..y. //r'~ Title Accounting Technician
Signature ~~i'f~. ~~:/, C~_ ., .-t'~„
C. That this resolution and its authorization shall continue in full force and effect until
amended or revoked by the Participant, and until the Trust Company 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 December ~ 19 98
NAME OF PARTICIPANT
By:
City of North
`j /
~C.~ ,'ri
Charles
A
__. $~ r \.~,;
i " T ~"~
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:~ " Signature
Patricia Hutson
Printed Name
City Secretary
Title
Mayor
Richland Hills
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/-~?"?~~
Signature
Scoma
Printed Name
Title
OFFICIAL SEAL