CC Resolution No. 2068RESOLUTION NO. 2068
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS,
APPROVING THE APPLICATION FOR PARTICIPATION IN THE TEXAS SHORT
TERM ASSET RESERVE PROGRAM; AND PROVIDING FOR THE EFFECTIVE
DATE THEREOF.
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WHEREAS, it is in the best interests of this governmental unit ("Applicant") to invest its funds
jointly with other Texas local governments in the Texas Short Term Asset Reserve Program (TEXSTAR)
in order to better preserve and safeguard the principal and liquidity of such funds and to earn an
acceptable yield; and
WHEREAS, Applicant is authorized to invest its public funds and funds under its control in
TEXSTAR and to enter into the participation agreement authorized herein; NOW, THEREFORE
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS:
Section l: The form of application for participation in TEXSTAR attached to this resolution
as Exhibit "A" and incorporated herein for all intents and purposes is approved. The officers of Applicant
specified in the application are authorized to execute and submit the application, to open accounts, to
deposit and withdraw funds, to designate other authorized representatives, and to take all other action
required or permitted by Applicant under the Agreement created by the application, all in the name and on
behalf of Applicant.
Section 2: The TEXSTAR Investment Policy is adopted as Applicant's investment policy,
the TEXSTAR investment officers are designated as Applicant's investment officers, and the TEXSTAR
Board is designated as custodian and depository, in each case for Applicant's public funds and funds
under its control that are deposited with TEXSTAR. Unless Applicant provides a contrary investment
policy to TEXSTAR, it shall be Applicant's investment policy that any or all of its public funds and funds
under its control may be invested in and through TEXSTAR.
Section 3: This resolution will continue in full force and effect until amended or revoked by
Applicant and written notice of the amendment or revocation is delivered to the TEXSTAR Board.
Section 4: Terms used in this resolution have the meanings given to them by the application.
Section 5: This resolution shall take effect immediately from�ead after its passage by the
City Council of the City of Baytown. 7
INTRODUCED, READ and PASSED, by the affirmative v e f the City Council of the City of
Baytown this the 27" day of May, 2010.
z0RY yo*q
AS TO FORM:
1ct��
XPi . ACIO RAMIREZ, SR., C ttorney
R:\Karen\Files\CityCouncilTesolueions\2 0\May2TTcxS18rApplloafiondoc
Exhibit "A"
Fx:
APPLICATION FOR PARTICIPATION IN TEXSTAR
The undersigned local government (Applicant) applies and agrees to become a Participant in the Texas Short Term Asset
Reserve Program (TEXSTAR).
Authorization. The governing body of Applicant has duly authorized this application by adopting the following
resolution at a meeting of such governing body duly called, noticed, and held in accordance with the Texas Open
Meeting Law, chapter 551, Texas Government Code, on May 27 , 2010.
WHEREAS, it is in the best interests of this governmental unit ("Appficanf) to invest its funds jointly with other Texas
local governments in the Texas Short Term Asset Reserve Program (TEXSTAR) in order better to preserve and
safeguard the principal and liquidity of such funds and to earn an acceptable yield; and
WHEREAS, Applicant is authorized to invest its public funds and funds under its control in TEXSTAR and to enter into
the participation agreement authorized herein;
Now, THEREFORE, BE IT RESOLVED THAT:
SECTION 1. The form of application for participation in TExSTAR attached to this resolution is approved. The
officers of Applicant specified in the application are authorized to execute and submit the application, to open
accounts, to deposit and withdraw funds, to designate other authorized representatives, and to take all other action
required or permitted by Applicant under the Agreement created by the application, all in the name and on behalf of
Applicant.
SECTION 2. The TEXSTAR Investment Policy is adopted as Applicant's investment policy, the TEXSTAR investment
officers are designated as Applicant's investment officers, and the TEXSTAR Board is designated as custodian and
depository, in each case for Applicant's public funds and funds under its control that are deposited with TEXSTAR.
Unless Applicant provides a contrary investment policy to TExSTAR, it shall be Applicant's investment policy that
any or all of its public funds and funds under its control may be invested in and through TExSTAR.
SECTION 3. This resolution will continue in full force and effect until amended or revoked by Applicant and written
notice of the amendment or revocation is delivered to the TExSTAR Board.
SECTION 4. Terms used in this resolution have the meanings given to them by the application."
2. Agreement. Applicant agrees with other TExSTAR Participants and the TEXSTAR Board to the Terms and
Conditions of Participation in TEXSTAR, effective on this date, which are incorporated herein by reference.
Applicant makes the representations, designations, delegations, and representations described in the Terms and
Conditions of Participation.
3. Taxpayer Identification Number. Applicant's taxpayer identification number is 74-6000246
4. Contact Information.
Applicant primary mailing address: P.O Box 424 Baytown, Texas 77520-0024
Applicant physical address (if different): 2401 Market Street Baytown, Texas 77520
Applicant main phone number: 281420-6531
Applicants main fax number: 281-420-7135
5. Authorized Representatives. Each of the following Participant officials is designated as Participant's Authorized
Representative authorized to give notices and instructions to the Board in accordance with the Agreement, the
Bylaws, the Investment Policy, and the Operating Procedures:
1. Name: Cynthia Pearson Title: Director of Finance
Signature:
Phone: 281420-6529
Email: cvnthia.nearson(a)-bavtown.ora
2. Name: Margie Grimes
Title: Asst. Director of Finance
Signature:
Phone: 281420-6530
Email: margie.arimeslabavtown.org
3. Name: Genie Ginzel
Title: Treasurer
Signature:
Phone: 281420-6552
Email: genie.ginzel(aD.baytown.orq
4. Name: Rhonda Ball
Title: Administrative Assistant
Signature:
Phone: 281-420-6531
Email: rhonda.ball(cD-baytown.org
{REQUIRED} PRIMARY CONTACT. • List the name of the Authorized Representative listed above that will be
designated as the Primary Contact and will receive all TexSTAR correspondence including transaction
confirmations and monthly statements
Name: Rhonda Ball
(OPTIONAL) INQUIRY ONLY CONTACT: In addition, the following additional Participant representative not 11sted
above is designated as an Inquiry Only Representative authorized to obtain account information:
Name: Title:
Signature:
Phone:
Email:
Applicant may designate other authorized representatives by written instrument signed by an existing Applicant
Authorized Representative or Applicant's chief executive officer.
OFFICIAL SEAL OF PARTICIPANT (REQUIRED)
DATED
City of Baytown 25512
(NAME OF ENTITYIAPPLICANT)
SIGNED BY:
ATTESTED BY:
(Signature of official)
(Printed name and title)
(Signature of official)
(Printed name and title)
FOR INTERNAL USE ONLY
APPROVED AND ACCEPTED: TEXAS SHORT TERM ASSET RESERVE FUND
..............................................................................
AUTHORIZED SIGNER
Exhibit "A"
TexSTAR
kfl u
APPLICATION FOR PARTICIPATION IN TEXSTAR
The undersigned local government(Applicant)applies and agrees to become a Participant in the Texas Short Term Asset
Reserve Program(TExSTAR).
1. Authorization. The governing body of Applicant has duly authorized this application by adopting the following
resolution at a meeting of such governing body duly called, noticed, and held in accordance with the Texas Open
Meeting Law,chapter 551,Texas Government Code,on May 27 2010:
WHEREAS, it is in the best interests of this governmental unit('Applicant)to invest its funds jointly with other Texas
local governments in the Texas Short Term Asset Reserve Program (TExSTAR) in order better to preserve and
safeguard the principal and liquidity of such funds and to earn an acceptable yield;and
WHEREAS,Applicant is authorized to invest its public funds and funds under its control in TExSTAR and to enter into
the participation agreement authorized herein;
Now,THEREFORE,BE IT RESOLVED THAT:
SECTION 1. The form of application for participation in TExSTAR attached to this resolution is approved. The
officers of Applicant specified in the application are authorized to execute and submit the application, to open
accounts,to deposit and withdraw funds,to designate other authorized representatives,and to take all other action
required or permitted by Applicant under the Agreement created by the application,all in the name and on behalf of
Applicant.
SECTION 2. The TExSTAR Investment Policy is adopted as Applicant's investment policy,the TExSTAR investment
officers are designated as Applicant's investment officers,and the TExSTAR Board is designated as custodian and
depository, in each case for Applicant's public funds and funds under its control that are deposited with TExSTAR.
Unless Applicant provides a contrary investment policy to TExSTAR, it shall be Applicant's investment policy that
any or all of its public funds and funds under its control may be invested in and through TExSTAR.
SECTION 3. This resolution will continue in full force and effect until amended or revoked by Applicant and written
notice of the amendment or revocation is delivered to the TExSTAR Board.
SECTION 4. Terms used in this resolution have the meanings given to them by the application
2. Agreement. Applicant agrees with other TExSTAR Participants and the TExSTAR Board to the Terms.and
Conditions of Participation in TExSTAR, effective on this date, which are incorporated herein by reference.
Applicant makes the representations, designations, delegations, and representations described In the Terms and
Conditions of Participation.
3. Taxpayer Identification Number. Applicant's taxpayer identification number is 74-6000246
4. Contact Information.
Applicant primary mailing address: P.O Box 424 Baytown,Texas 77520-0024
Applicant physical address(if different): 2401 Market Street Baytown,Texas 77520
Applicant main phone number: 281-420-6531
Applicants main fax number. 281-420-7135
5. Authorized Representatives. Each of the following Participant officials is designated as Participant's Authorized
Representative authorized to give notices and instructions to the Board In accordance with the Agreement, the
Bylaws,the Investment Policy, and the Operating Procedures:
1.Name: Cynthia Pearson Title:Director of Finance
Signature: Phone: 281-420-6529
Email:cvnthia.oearson@bavtown,oro
2. Name: Margie Grimes Title:Asst. Director of Finance
Signature: Phone: 281-420-6530
Email:maroie.arimes(O7baytown.ora
3.Name: Genie Ginzel Title:Treasurer
Signature: Phone: 281-420-6552
Email:genie.ginzelabaytown.orq
4.Name: Rhonda Ball Title:Administrative Assistant
Signature: Phone: 281-420-6531
Email:rhonda.baliabavtown.orq
REQUIRED) PRIMARY CONTACT: Ust the name of the Authorized Representative listed above that will be
designated as the Primary Contact and will receive all TexSTAR correspondence including transaction
confirmations and monthly statements
Name: Rhonda Ball
OPTIONAL)INQUIRY ONLY CONTACT:In addition,the following additional Participant representative(not listed
abovq)is designated as an Inquiry Only Representative authorized to obtain account information:
Name: Title:
Signature: Phone:
Email:
Applicant may designate other authorized representatives by written instrument signed by an existing Applicant
Authorized Representative or Applicant's chief executive officer.
DATED
City of Baytown 25512
NAME OF ENTITY/APPLICANT)
SIGNED BY:
Signature of official)
Printed name and title)
ATTESTED BY:
Signature of official)
Printed name and title)
FOR INTERNAL USE ONLY
APPROVED AND ACCEPTED:TEXAS SHORTTERM ASSET RESERVE FUND
OFFICIAL SEAL OF PARTICIPANT(REQUIRED)
AUTHORIZED SIGNER
5.Authorized Representatives. Each of the following Participant officials is designated as Participant's Authorized
Representative authorized to give notices and instructions to the Board in accordance with the Agreement, the
Bylaws,the Investment Policy, and the Operating Procedures:
1. Name: Cynthia P arson Title:Director of Finance
I 1
Signature: G u/t- ►-1 Phone: 281-420-6529
Email:cynthia.pearsonAbaytown.org
2. Name: Margie Grimes Title:Asst. Director of Finance
Signature:727 ,1 , jr z Phone: 281-420-6530
Email:margie.grimes(a baytown.org
3.Name: Genie Ginzel Title:Treasurer
Signature: t Phone: 281-420-6552
Email:genie.ginzel@baytown.org
4. Name: Rhon B II Title:Administrative Assistant
Signature: Phone: 281-420-6531
Email: rhonda.ball@baytown.org
REQUIRED) PRIMARY CONTACT: List the name of the Authorized Representative listed above that will be
designated as the Primary Contact and will receive all TexSTAR correspondence including transaction
confirmations and monthly statements
Name: Rhonda Ball
OPTIONAL)INQUIRY ONLY CONTACT:In addition,the following additional Participant representative(not listed
above)is designated as an Inquiry Only Representative authorized to obtain account information:
Name:Title:
Signature: Phone:
Email:
Applicant may designate other authorized representatives by written instrument signed by an existing Applicant
Authorized Representative or Applicant's chief executive officer.
DATED
City of Baytown 4 12
AOF ENTITY/APPLICANT)
u "`s SIGNED BY: Arl
signature of official)
Printed na - and tle)
r
g, r
ATTESTED BY: 1:
t;
t/zti.
y -
Sign. ure of off -I)
1 r TILM. 61/+4Iwt krlc
Printed name aiJ title)
FOR INTERNAL USE ONLY
APPROVED AND ACCEPTED:TEXAS SHORT TERM ASSET RESERVE FUND
OFFICIAL SEAL OF PARTICIPANT(REQUIRED)
AUTHORIZED SIGNER
CITY OF BAYTOWN
CERTIFICATION
1, 1,cticia Garza, the duly appointed City Clerk of the City of Baytown, Harris and Chambers
Counties, Texas, do hereby certify and attest that as part of my duties, I do supervise and act as
lawful custodian of the records of the City of Baytown and that the attached information on the
following is true and correct:
RESOLUTION NO. 2068
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
BAYTOWN, TEXAS, APPROVING THE APPLICATION FOR
PARTICIPATION IN THE TEXAS SHORT TERM ASSET
RESERVE PROGRAM; AND PROVIDING FOR THE
EFFECTIVE DATE THEREOF.
WITNESS, my hand and seal of the City of Baytown on the 1st day of June, 2010
Leticia Garz,, City 'lerk
J Y,
r
(SEAL) i
'vti /
4'" -u- e
TexSTAR e
gd e
APPLICATION FOR PARTICIPATION IN TExSTAR
The undersigned local government (Applicant) applies and agrees to become a Participant in the Texas Short Term Asset
Reserve Program (TExSTAR).
1. Authorization. The governing body of Applicant has duly authorized this application by adopting the following
resolution at a meeting of such governing body duly called, noticed, and held in accordance with the Texas Open
Meeting Law, chapter 551,Texas Government Code, on May 27 , 2010:
WHEREAS, it is in the best interests of this governmental unit("Applicant")to invest its funds jointly with other Texas
local governments in the Texas Short Term Asset Reserve Program (TExSTAR) in order better to preserve and
safeguard the principal and liquidity of such funds and to earn an acceptable yield; and
WHEREAS, Applicant is authorized to invest its public funds and funds under its control in TExSTAR and to enter into
the participation agreement authorized herein;
Now,THEREFORE,BE IT RESOLVED THAT:
SECTION 1. The form of application for participation in TExSTAR attached to this resolution is approved. The
officers of Applicant specified in the application are authorized to execute and submit the application, to open
accounts, to deposit and withdraw funds, to designate other authorized representatives, and to take all other action
required or permitted by Applicant under the Agreement created by the application, all in the name and on behalf of
Applicant.
SECTION 2. The TExSTAR Investment Policy is adopted as Applicant's investment policy, the TExSTAR investment
officers are designated as Applicant's investment officers, and the TExSTAR Board is designated as custodian and
depository, in each case for Applicant's public funds and funds under its control that are deposited with TExSTAR.
Unless Applicant provides a contrary investment policy to TExSTAR, it shall be Applicant's investment policy that
any or all of its public funds and funds under its control may be invested in and through TExSTAR.
SECTION 3. This resolution will continue in full force and effect until amended or revoked by Applicant and written
notice of the amendment or revocation is delivered to the TExSTAR Board.
SECTION 4. Terms used in this resolution have the meanings given to them by the application."
2. Agreement. Applicant agrees with other TExSTAR Participants and the TExSTAR Board to the Terms and
Conditions of Participation in TExSTAR, effective on this date, which are incorporated herein by reference.
Applicant makes the representations, designations, delegations, and representations described in the Terms and
Conditions of Participation.
3. Taxpayer Identification Number. Applicant's taxpayer identification number is 74-6000246
4. Contact Information.
Applicant primary mailing address: P.O Box 424 Baytown, Texas 77520-0024
Applicant physical address(if different): 2401 Market Street Baytown, Texas 77520
Applicant main phone number: 281-420-6531
Applicants main fax number: 281-420-7135
5. Authorized Representatives. Each of the following Participant officials is designated as Participant's Authorized
Representative authorized to give notices and instructions to the Board in accordance with the Agreement, the
Bylaws,the Investment Policy, and the Operating Procedures:
1. Name: Cynthia Pearson Title:Director of Finance
Signature: Phone: 281-420-6529
Email: cynthia.pearsont baytown.orq
2. Name: Margie Grimes Title:Asst. Director of Finance
• Signature: Phone: 281-420-6530
Email:margie.grimesAbaytown.orq
3. Name: Genie Ginzel Title:Treasurer
Signature: Phone: 281-420-6552
Email: genie.ginzel(5 baytown.orq
4. Name: Rhonda Ball Title: Administrative Assistant
Signature: Phone: 281-420-6531
Email: rhonda.ballAbaytown.orq
(REQUIRED) PRIMARY CONTACT: List the name of the Authorized Representative listed above that will be
designated as the Primary Contact and will receive all TexSTAR correspondence including transaction
confirmations and monthly statements
Name: Rhonda Ball
(OPTIONAL)INQUIRY ONLY CONTACT: In addition,the following additional Participant representative(not listed
above)is designated as an Inquiry Only Representative authorized to obtain account information:
Name: Title:
Signature: Phone:
Email:
Applicant may designate other authorized representatives by written instrument signed by an existing Applicant
Authorized Representative or Applicant's chief executive officer.
DATED
City of Baytown 25512
(NAME OF ENTITY/APPLICANT)
SIGNED BY:
(Signature of official)
(Printed name and title)
ATTESTED BY:
(Signature of official)
(Printed name and title)
FOR INTERNAL USE ONLY
APPROVED AND ACCEPTED:TEXAS SHORT TERM ASSET RESERVE FUND
OFFICIAL SEAL OF PARTICIPANT(REQUIRED)
AUTHORIZED SIGNER
TexSTAR 5a..
AMENDING RESOLUTION
WHEREAS, City of Baytown 25512
(the "Government Entity") by authority of the Application for Participation in TexSTAR (the
"Application") has entered into an Interlocal Agreement (the "Agreement") and has become a
participant in the public funds investment pool created there under known as TexSTAR Short Term
Assert Reserve Fund ("TexSTAR");
WHEREAS, the Application designated on one or more"Authorized Representatives"
within the meaning of the Agreement;
WHEREAS, the Government Entity now wishes to update and designate the
following persons as the"Authorized Representatives"within the meaning of the Agreement;
NOW, THEREFORE, BE IT RESOLVED:
SECTION 1. The following officers, officials or employees of the Government Entity specified in
this document are hereby designated as "Authorized Representatives" within the meaning of the
Agreement, with full power and authority to open accounts, to deposit and withdraw funds, to
designate other authorized representatives, and to take all other action required or permitted by
Government Entity under the Agreement created by the application, all in the name and on behalf of
the Government Entity.
SECTION 2. This document supersedes and replaces the Government Entity's previous
designation of officers, officials or employees of the Government Entity as Authorized
Representatives under the Agreement
SECTION 3. This resolution will continue in full force and effect until amended or revoked by
Government Entity and written notice of the amendment or revocation is delivered to the TExSTAR
Board.
SECTION 4. Terms used in this resolution have the meanings given to them by the Application.
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Authorized Representatives. Each of the following Participant officials is designated as Participant's Authorized
Representative authorized to give notices and instructions to the Board in accordance with the Agreement, the
Bylaws, the Investment Policy, and the Operating Procedures:
1. Name: Cynthia Pearson Title: Director of Finance
Signature: Phone: 281-420-6529
Email: cynthia.pearson@baytown.org
2. Name: Margie Grimes Title:Assistant Director of Finance
Signature: Phone: 281-420-6530
Email: margie.grimes@baytown.org
3. Name: Genie Ginzel Title: Treasurer
Signature: Phone: 281-420-6552
Email: genie.ginzel@baytown.org
4. Name: Rhonda Ball Title: Administrative Assistant
Signature: Phone: 281-420-6531
Email: rhonda.ball@baytown.org
(REQUIRED) PRIMARY CONTACT: List the name of the Authorized Representative listed above that will
be designated as the Primary Contact and will receive all TexSTAR correspondence including transaction
confirmations and monthly statements
Name: Rhonda Ball
(OPTIONAL)INQUIRY ONLY CONTACT: In addition, the following additional Participant representative(not
listed above) is designated as an Inquiry Only Representative authorized to obtain account information:
Name: Title:
Signature: Phone:
Email:
Participant may designate other authorized representatives by written instrument signed by an existing
Participant Authorized Representative or Participant's chief executive officer.
DATED
City of Baytown 25512
(NAME OF PARTICIPANT)
SIGNED BY:
(Signature of official)
(Printed name and title)
ATTESTED BY:
(Signature of official)
(Printed name and title)
FOR INTERNAL USE ONLY
APPROVED AND ACCEPTED:TEXAS SHORT TERM ASSET RESERVE FUND
OFFICIAL SEAL OF PARTICIPANT(REQUIRED) ..............................................................................
AUTHORIZED SIGNER