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HomeMy WebLinkAboutRes 00-34 Amending Authorized Representatives to Transmit Funds for Investments in TexPoolAn rn-fon l Scrv(ce Ji,?mN,c RFSOLUTION No. 00-34 AMENDING AUTHORIZED REPRF.,v+YNTATIVES WHFRE,kS, _ Town of Westlake {"Participant") is local government of the State of Texas and is empowered to delegate to a public funds iro-cornent peel the authority to invest funds and to act as custodian: of investments purchased with local investment funds; and WHFRFA$, 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 WHERF,AR, the Texas Locai Government Investment Pool C'TrxPonl"), a public funds investment pool, was created on behalf of entities %Yhow investment objective itt order of priority arc preservation and safety of principal, liquidity, and yield consistent with the Public Funds Investment flet. NOW THERFFORF, be it resoived as fallow:: A. That the individuals, whose signatures appear in this Resolution, are Authorized Representai ives of the Participant And arc each hereby authorized to transmit funds for investment in TexPool and arc each further authorized to withdraw funds from time to time, to issue letters of instruction, and to Malec all other actions deemed necessary or appropriaoe for the investment of local funds, B. That an Authorized Representative of the Participant may be deleted by a written instrument :signed by all remaining Authorized Rcpresentatives provided that ttyt: deleted Authorized Representative (1) is assigned lob ditties that no Merger require access to the Participant's TesPool account or (2) is no longer employed by the Participant; and C. That the Participant may by Amending Resolution signed by rhe Participant add an Alithoriz.cd Representative provided the additional Authorized Representative is an of leer, employee, or anent of the Participant; c0 'd LLP, £9£ btu 'ON '0. 50±1£ IM loodx3l old 'IHi CC -N-1117 List the Amhori;,0 Ropresenniti%cs of the pmticipo►lt. These individuals gill be isjued 1'.i.: numlacrs. 1, Name Trent 0, Petty Name Fred E. Heid � Title Town Manager Dircct Phone Number 817-430-0941 'litic Mayor Pro Tem IDircct Phone Number 817-430-0941 3, `3nic Ginger Crosswy Title Town Secretary Si�•n:ture _ Uircct Phone Nis -liber 817-430-0941 i,i,t the nan- of Ibc Autho izcd lllstgid above that ,,brat Nvs p6mary resix)nsibility f•,)r per1'6rnttng trrnsact'tor75 and tzceiFit7g confirmaritans anti monti7ly mtements ander tkse Participation Agrccmr;tt. 'Laine Ginger Crosswy In adctitic,:r and at the cpti<m of tht Paacdicin attt, one additiona4 Authorized con be desig+natco to perfivnr only inquiry of 5eleetcd informatinj: This limited represenuti7e cttnuot imike, deposits or wiihdr,twal,• If the Participant Jesire, to r3Csiar7atC a repirc,;zntali re svi(h inquiry ri&hts oily, ccmpictr she roii'm%imt int'cymzt"son. D. 1 li,tt this Rciolinion and i13 autlrorizatiun shall comir;v= in full f'�'rrss Intl cfft-rt until amended or r-cvcjkeci by dhc Pattie.ipant, and anti( Tox?ooi receives a copy of any such amendment or reti c)catic7n. ['fti• Resoluirpn is Imeby istiroduced anti %dopted by ;he Patlicipant at its tcgidar!specis! meeti+r.- heid ov, the. 14 drty August , 20 0-0. NAME OF PARTICIPANT, Town of Westlake BY: Signature Scott Bradley PrinINI Nance Mayor ! it4e ATTEST: A n�,-,, :� gnat c Ginger Crosswy Printed 'Xi me -- —~ - — Town Secretary OFV IC IAL SEAL h'�