HomeMy WebLinkAboutRes 09-11 Approval to Open a TexPool Depository AccountWHEREAS, The Town of Westlake is a current participant in the Texas Local
Goveim,nent Investment Pool (TexPool),- and
WHEREAS, it is prudent to set tip a separate account for the Capital Projects
Fund to maintain all revenues and. expenditures regarding these projects in one account;
and
WHEREAS, Resolution No. 08-22 has appointed Thomas E Brymer, Debbie J.
Piper, and Donald R Redding as authorized signers of the Town of Westlake's TexPool
accounts'.
NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE
TOWN OF WESTLAKE:
SECTION 1: That the Town of Westlake Town Council does hereby approve the
opening of an additional TexPool account to accommodate the Capital Projects Fund by
the appointed authorized signers.
SECTION 2. That this Resolution shall become effective upon the date of its
passage.
Laura Wheat, Mayor
fitter, Towm Secretary, TWMC Thomas E. 13ryffi&,-(r6 ander
Please check all that apply.
0 Add new account [3 Wire and ACH
F1 Add new Banking
Instructions
F1 Change Banking
Instructions
❑ Delete Banking
Instructions
78200
Location
2200800013
Account Number
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FIN17 13
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1=11SURMPI
*Participant Name
3 Village Circle, Suite 202
*Street Address
3 Village Circle, Suite 202
*Mailing Address
Westlake Texas 76262
*City *State *Zip
Debbie Piper
*Primary Representative
817-490-5712 817-430-1812
Capital Projects Fund dpiper@westiake-tx.org
*Account Name Email
6M
By initialing here I acknowledge that I have chosen TexPool - Prime and understand that it invests in commercial paper. I realize that this
is consistent with my investment policy.
REM
*Bank Address 95 Trophy Club Drive N
*City Trophy Club *Texas Zip 76262
*Bank Account Name General Fund
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Correspondent Bank (if any) Name/City
Bank ABA No:
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*BankAccountNo 9111-000-69(M
I lM . s# 11 A 11
Account No.
CONFIPM THE INSTRUCTIONS FOR N1IRE.1-ND ACH TRANSFERS 117TH YOUR LOCAL BANK. ACH INSTRUCTIONS INIAV VARY FROM YOUR
BANK'S WIRING INSTRUCTIONS IF THE LOCAL BANK IS NOT ON-LINE WITH THE FEDERAL RESERVE. IF ACH INSTRUCTIONS DIFFER FRONM
WIRING INSTRUCTIONS, PLEASE COMPLETE AN ADDITIONAL BANK INFORMATION SHEET.
* *If ACH availability is selected, I hereby authorize State Street Bank to directly deposit and withdraw funds by means of ACH electronic transfer to and from the financial
institution and the account designated above (-Designated Account"). I agree that this authorization may be withdrawn with at least 45 -days advance Aritten notice to TexPool
Participant Services. I understand that the Trust Company reserves the right to discontinue ACH electronic transfer without advance notice. I also authorize State Street Bank to
deduct from the Designate& Account or from subsequent deposits made to the Designated Account all amounts deposited in error. In the event the Designated Account is closed
or contains an insufficient balance to allow deduction for amounts deposited in error, I agree that State Street Bank may withhold any payments owing to me by the State of
Texas until such amounts deposited in error are repaid. Likewise, I authorize State Street Bank- to credit all amounts withdrawn in error to Designated Account,
* * * Ifyou have multiple wiring instructions attached to the same account you must select the applicable instructions for that transaction. Indicate if instructions referenced
represent primary instructions by checking the appropriate box. Trades placed via EDGEnct or the VRU will always be sent to the primary instructions. If you need funds 'Aired
to another set of instructions please call a Participant Service Representative.
NOTE: This authorization must be executed by two current Authorized Representatives of the Participant as set forth in the duly enacted Resolution of the
Participant, which is on file with TexPool.
As a current Authorized Representative, lcertffv that the above information is both true anti correct.
—7 Town Manager
zu
nze _rc- I *Printed Name Title
"2 Finance Director
Authorized Representative Siaturc *Primed Name Title
ORIGINALS REQUIRED -REQUIRED FIELDS
TexPoot Participant Services * Federated Investors Inc
1001 Texas A%c., Suite 14(9) - Houston, TX 77002
Phone 1-866-839-7665 # Fax 1-866-839-3291
Date
3-23-09
Date
TE X — BANK
10,108