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HomeMy WebLinkAboutResolution 23-25 Westlake Insurance Trust Account with First Financial TOWN OF WESTLAKE RESOLUTIONNO.23-25 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF WESTLAKE, TEXAS, AMENDINGTHEAUTHORIZEDSIGNERSONTHETOWNOFWESTLAKE INSURANCE TRUST ACCOUNT WITH FIRST FINANCIAL BANK, AND APPOINTING TRUSTEES FOR THE TOWN OF WESTLAKE. WHEREAS,authorizedsignersoftheTownofdepositoryaccountsmay require amendments at certain times due to changes in structure and/or personnel; and WHEREAS, d for payment of health insurancepremiumswhengovernmentsalestaxexemptionisclaimed,perTexasInsuranceCode §222.002;and WHEREAS,signersontheInsuranceaccountshavepreviouslyincludedthe Mayor, Town Manager or designee, and the Director of Finance; WHEREAS, accounts,itisnecessarytochangetheauthorizedsignersontheInsuranceTrustaccount; and WHEREAS,theTownCouncilfindsthatthepassageofthisResolutionisinthebest interest of the citizens of Westlake. NOW,THEREFORE,BEITRESOLVEDBYTHETOWNCOUNCILOFTHETOWN OF WESTLAKE, TEXAS: SECTION1:ThatallmattersstatedintheRecitalshereinabovearefoundtobetrueand correct and are incorporated herein by reference as if copied in their entirety. SECTION2:ThattheTownofWestlakeCouncilherebydesignatesWade Carroll,Cayce LayLamas, and Sean Kilbride as authorized signers and Trusteesfor the Town of Westlake Insurance Trust Account with First Financial Bank. SECTION 3:If any portion of this Resolution shall, for any reason, be declared invalid by any court of competent jurisdiction, such invalidity shall not affect the remaining provisions hereof and the Council hereby determines that it would have adopted this Resolution without the invalid provision. Resolution23-25 Page1of2 SECTION 4:That this resolution shall become effective from and after its date of passage. PASSED AND APPROVED ONTHISDAYOFMAY2023. ATTEST: SeanKilbride,Mayor AmyM.Piukana,TownSecretary APPROVEDASTOFORM: L.StantonLowry,TownAttorney Resolution23-25 Page2of2