HomeMy WebLinkAboutRes 2020-08-765 Amending Authorized Representatives to Transact Business - Texas Local Government Investment PoolCITY OF ANNA, TEXAS
RESOLUTION NO,
A RESOLUTION OF THE CITY OF ANNA, TEXAS AMENDING THE AUTHORIZED
REPRESENTATIVES AUTHORIZED TO TRANSACT BUSINESS WITH THE TEXAS LOCAL
GOVERNMENT INVESTMENT POOL, "TEXPOOL/TEXPOOL PRIME", A PUBLIC FUNDS
INVESTMENT POOL,
WHEREAS, The City of Anna ("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 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, was 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 BY THE CITY COUNCIL OF THE CITY OF ANNA,
TEXAS THAT.
Section 1. Recitals Incorporated.
The above referenced recitals are incorporated as if set forth in full for all purposes.
Section 2. That the individuals, whose signatures appear in the Resolution, are Authorized
Representatives of the City of Anna 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 government funds.
Section 3. 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 requi Are access to the City
of Anna's TexPool account or (2) is no longer employed by the Participant.
Section 4. 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 of the Authorized Representatives of the Participant. Any new individuals will be issued
identification numbers to transact business with TexPool Participant Services.
RES. PAGE 1 OF 2
1. Name Ryan Henderson Title: Assistant City Manager
Phone/Fax/Email 214-831-5303 Fax 972-924-2620 renderson cDannatexas.gov
Signature
2. Name Alan Guard Title: Interim Finance Director
Phone/Fax/Email 214-831-5371 Fax 972-924-2760 aguard annatexas.gov
Signature
3. Name Alesia Thornhill Title: Accountant
Phone/Fax/Email 214-831-5372 Fax 972-924-2760 athornhill(annatexas.gov
Signature
List the names 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: Alan Guard, Interim Finance Director Phone 214-831-5371
Email: aguard(a)annatexas.gov Fax 972-924-2760
Name: Alesia Thornhill, Accountant Phone 214-831-5372
Email: athornhill(a annatexas.gov Fax 972-924-2760
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 only, complete the following information.
Name: Sheila Alexander, Accounting Manager Phone 214-831-5375
Email: salexander(a anntexas.gov Fax 972-924-2760
Section 4. This Resolution and its authorization shall continue in full force and effect until
amended by the Participant, and until TexPool Participant Services receives a copy of any
such amendment or revocation.
PASSED AND APPROVED by the City Council of the City of Anna, Texas on this 11th day of
August, 2020.
ATTEST:
Carrie L. Land, City Secretary
RES.
APPROVED:
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