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HomeMy WebLinkAboutRes 2021-07-935 Amending Authorized Representatives with Texpool to Add Holly Kellen, Accounting ManagerCITY OF ANNA, TEXAS RESOLUTION NO. cQOQ J - 0'?-- g3rJ' 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 require 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. Gj35 PAGE 1 OF 2 1. Name Ryan Henderson Title: Assistant City Manager Phone/Fax/Email 214-831-5303 Fax 972-924-2620 rhenderson(d annatexas.gov Signature 2. Name Alan Guard Title: 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(a 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, 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(aannatexas.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: Holly Kellen, Accounting Manager Phone 214-831-5331 Email: hkellen(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 13th day of July, 2021. Carrie L. Land, City Secretary - NaN Pike,/layor