HomeMy WebLinkAboutR10-239R10-239
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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
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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