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HomeMy WebLinkAboutR10-239R10-239 l 00 TP QD IL. An h4 rnttnrm 1,m-orr fur Puhftc Mmd& Resolution Authorizing Participation in Te%Pool and Designating Authorized Representatives WHEREAS, City of Plainview ("Participant") is a local government or state agency of the State of Texas and is empowered to delegate to the public funds investment pools 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 fields 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 Pools ("TexPool"), public funds investment pools, were created on behalf of entities whose investment objectives 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 Participant shall enter into a Participation Agreement to establish an account in its name in TexPool, for the purpose of transmitting local funds for investment in TexPool. B. That the individuals, whose signatures appear in this Resolution, are authorized representatives of the Participant and are each hereby authorized to transmit fiords for investment in TexPool and are each further authorized to withdraw fiends 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. List the authorized representatives of the Participant. These individuals will be issued Personal Identification Numbers (Pi[Ns) to transact business via the phone with a Participant Services Representative. 1. Name: Sarlanne Beversdorf Title: Director of Finance Phone/Fax/Email: Phone:(806)296-1130 Fax(606)291-1212 Emad: sbeversdorfaci.plainview.bc.us Signature: 2, Name: Tammy Adams Title: A000unbng Coordinator PhonefFax/Email: Phone:(W6)296-1132 Fax(806)291-1212 Email: tadams-Cci.plainview.N.us_ Signature: 3. Name: Greg Ingham Title: City Manager Phone/FAVEmail: Phone, (WS)296-1106 Fax:(806)29&1125 Email: pi ngharn@ci.plairwiew.bc.us Sigtusu rc: 4. Name: Phone/F&VEmail: Signature: ORIGINALS REQUIRED Title: T=Pool Panic pat Savo= • r+ede awd lawown Inc 1001 Toru Av% Suite. 1400 • Houstm TX 771102 • wu _teznool t • 1-866-839-7665 TEX—ENROLL 413 414 list the name of the Authorized Representative provided above that will have primary responsibility for performing awsacWw and receiving caairrmatwas and monthly statements Mier the Participation Agreement. Name: Sarianne Beversdort In addition and at the option of the Participant, one additional authorized representative can be designated to perform inquiry only of selected information This limited representative cannot make deposits or withdrawals. if the Participant desires to designaw a representative with inquiry rights only, complete the following information. 5. Name: Tide: Phone/Fax/Email: C. That this resolution and its authorization shall continue in full force and effect until amended or revoked by the Participant, and until TexPool 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 l�ifr ay of_ /✓P�2mb� ,20 i(i N 6F PARTI A,,�T: City of Plainview BY: � i John C. Anderson printed Name Mayor Xiganature ATTEST:( Belinda Hinojosa Printed Name City Secretary Title ORIGINALS REQUIRED OFFICIAL SEAL TexPoo( Paticipaat Serwim • Federated Ioveston Inc 1041 Tcw Ave, Suite 1400. H mtm TX 77002 s • 1-866439-7663 TEX — ENROLL