HomeMy WebLinkAboutRes 2023-10-1562 Amend Authorized Representatives with East West BankCITY OF ANNA, TEXAS
RESOLUTION NO. ZO Z3 —10 — 1 6OS
A RESOLUTION OF THE CITY OF ANNA, AMENDING THE AUTHORIZED
REPRESENTATIVES AUTORIZED TO TRANSACT BUSINESS WITH EAST WEST BANK
BY REMOVING ALAN GUARD FROM THE LIST OF AUTHORIZED SIGNATORIES; AND
ADDING RYAN HENDERSON, TAYLOR LOUGH, AND AIMEE RAE FERGUSON, TO THE
NAMED AUTHORIZED SIGNATURES, FOR BANKING PURPOSES AND CERTIFICATION
OF INCUMBANCY AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the City of Anna, Texas (the "City") is a local government of the State of Texas
and is empowered to invest funds and to act as custodian of investments purchased with local
investment funds; and
WHEREAS, the City needs to maintain banking relationships with various financial institutions;
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, such financial institutions require the City to designate officers who are authorized
to sign banking documents on behalf of the City; and
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ANNA,
TEXAS THAT:
Section 1. The City Council of the City of Anna, Texas designates the following individuals as
Authorized Signers to establish bank accounts on behalf of the City, close such accounts,
operate such accounts, and designate persons to operate such accounts.
Name
Ryan Henderson
Taylor Lough
Aimee Rae Ferguson
Title
City Manager
Assistant City Manager
Interim Finance Director
Section 2. Recitals Incorporated.
Sianature
The facts and recitals above are incorporated herein as if set forth in full for all purposes.
Section 3. Acknowledgement
That the individuals, whose signatures appear in the Resolution, are Authorized
Representatives of the City and are each hereby authorized to sign banking documents on
behalf of the City 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.
PASSED AND APPROVED by the City Council of the City of Anna, Texas on this 24th day of
October, 2023.
ATTESTED:
Carrie L. Land, City Secretary
APPROVED:
Nate Pike, Mayor
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