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HomeMy WebLinkAbout02-10-11-2d - Resolution - 02/10/2011RESOLUTION NO. 02-10-11-2d A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COLLEGE STATION, TEXAS, APPROVING A NEW CERTIFICATE OF AUTHORIZED PERSONS TO REPLACE THE EXISTING CERTIFICATE APPROVED AS PART OF THE THIRD PARTY CUSTODIAN AGREEMENT BETWEEN THE CITY OF COLLEGE STATION, CITIBANK, N.A. AND THE BANK OF NEW YORK TRUST COMPANY N.A. AND AUTHORIZING THE MAYOR TO EXECUTE THE NEW CERTIFICATE OF AUTHORIZED PERSONS. WHEREAS, the City Council of the City of College Station, Texas, approved a Third Parry Custodian Agreement (the "Agreement") between the City of College Station, Citibank, N.A. and the Bank of New York Trust Company, N.A. by Resolution 11-22-2005-13.13; and WHEREAS, Exhibit B of the Agreement contained a Certificate of Authorized Persons designating those officers and employees duly authorized to deliver oral and written instructions to the City's Custodial Bank; and WHEREAS, the City Council of the City of College Station, Texas, desires to replace Exhibit B of the Agreement with a new Certificate of Authorized Persons attached hereto; now, therefore, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF COLLEGE STATION, TEXAS: PART 1: That the City Council hereby approves the Certificate of Authorized Persons attached hereto which designates those officers and employees authorized to deliver oral and written instructions to the City's Custodial Bank. PART 2: That the City Council hereby authorizes the Mayor to execute the attached Certificate of Authorized Persons. PART 3: That this resolution shall take effect immediately from and after its passage. ADOPTED this 10th day of February, A.D. 2011. ATTEST: City Secret } APPROVED: MAYOR APPROVED: cit~~~~~ Resolution No. 02-10-11-2d CERTIFICATE OF AUTHORIZED PERSONS (Customer - Oral and Written Instructions) Third Party Custodian Agreement The undersigned hereby certifies that he/she is the duly elected and acting Mayor of the City of College Station (the "Local Government"), and further certifies that the following officers or employees of the Local Government have been duly authorized in conformity with Local Government's Resolution No. to deliver Oral and Written Instructions to The Bank of New York Mellon Trust Company, N.A. ("Custodian") pursuant to the Third Party Custodian Agreement between the Local Government, Citibank, N.A. (`Bank") and Custodian dated 11/22/2005 . and that the signatures appearing opposite their names are true and correct: David Neelev Citv Manaeer Name Title Signature Jeffrev N. Kersten Chief Financial Officer Name Title Signature Cheryl A. Wright Treasurer Name Title Signature Name Title Signature Name Title Signature Name Title Signature This certificate and above authorized person(s) will be substituted for prior certificate of authorized individuals you may currently have on file. Nancy Berry Title: Mayor Date: ~7- - I w I (