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HomeMy WebLinkAbout01-22-09-2h - Resolution - 01/22/2009RESOLUTION NO. 01- 22 -09 -2h 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 TEXAS, 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 Party Custodian Agreement between the City of College Station, Citibank Texas, N.A. and the Bank of New York Trust Company, N.A. (the "Agreement ") 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 l: 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 22 day of January, A.D. 2009. ATTEST: 1 '-ity Secretary APPROVED: MAYOR APPROVED: City Attorney