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HomeMy WebLinkAbout02-14-13-2m - Resolution - 02/14/2013 Print Form s X. PO 0 TL RESOLUTION AMENDING 02-1t4 -13 - Zrn An Investment t mmn t Scretrc for Public Funds " * , * * " * AUTHORIZED REPRESENTATIVES WHEREAS, City of College Station (Participant Name & Location Number) ( "Participant ") is a local government of the State of Texas and is empowered to delegate to a public funds investment pool the authority to invest funds and to act as custodian of investments purchased with local investment funds; and WHEREAS, 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 WHEREAS, the Texas Local Government Investment Pool ( "TexPool/ Texpool Prime "), a public funds investment pool, were created on behalf of entities whose investment objective in order of priority are preservation and safety of principal, liquidity, and yield consistent with the Public Funds Investment Act. NOW THEREFORE, be it resolved as follows: A. That the individuals, whose signatures appear in this Resolution, are Authorized Representatives of the Participant and are each hereby authorized to transmit funds for investment in TexPool / TexPool Prime 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. B. That an Authorized Representative of the Participant may be deleted by a written instrument signed by two remaining Authorized Representatives provided that the deleted Authorized Representative (1) is assigned job duties that no longer require access to the Participant's TexPool / TexPool Prime account or (2) is no longer employed by the Participant; and C. That the Participant may by Amending Resolution signed by the Participant add an Authorized Representative provided the additional Authorized Representative is an officer, employee, or agent of the Participant; List the Authorized Representatives of the Participant. Any new individuals will be issued personal identification numbers to transact business with TexPool Participant Services. 1. Name: H. Frank Simpson Title: Interim City Manager Phone/Fax/Email: (979)764- 510 / (979 4 -6377 / fsimpson @cstx.gov Signature 2. Name: Jeffrey Kersten Title: Executive Director Business Services Phone/Fax/Email: (979)7 4- . '1/ )764 -3899 / jkersten @cstx.gov Signature: ORIGINAL SIGNATURE 0 C MENT REQUIRED TEX — REP TexPool Participant Services • Federated Investors Inc 1001 exas Ave., Suite 1400 • Houston, TX 77002 • www.texpool com • 1- 866 - 839 -7665 07/12 k 3 -1 T3 3. Name: Cheryl Wright Title: Accounting and Treasury Ops. Mgr. Phone/Fax/Email: (979)764 -3554 / (979)764 -3571 / cwright @cstx.gov Signature: + Lkau , 4. Name: Title: Phone/Fax/Email: Signature: List the name of the Authorized Representative listed above that will have primary responsibility for performing transactions and receiving confirmations and monthly statements under the Participation Agreement. Name Cheryl Wright In addition and at the option of the Participant, one additional Authorized Representative can be designated to perform only inquiry of selected information. This limited representative cannot perform transactions. If the Participant desires to designate a representative with inquiry rights only, complete the following information. 5. Name: Title: Phone/Fax/Email: D. That this Resolution and its authorization shall continue in full force and effect until amended or revoked by the Participant, and until TexPool Participant Services 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 day , 20 NAME OF PARTICIPANT: BY: - Signature Nancy Berry Printed Name Mayor Title ATTEST: - Signature Sherry Mashburn Printed Name City Secretary Title This document supersedes all prior Authorized Representative designations. ORIGINAL SIGNATURE AND DOCUMENT REQUIRED TEX - REP TexPool Participant Services • Federated Investors Inc 1001 Texas Ave., Suite 1400 • Houston, TX 77002 • wuw. texpool. corn • 1- 866 - 839 -7665 07/12 APPROVED City Attorne Date: i • 2.1.13