CC Resolution No. 1471 2759
RESOLUTION NO. 1471
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BAYTOWN,
TEXAS APPOINTING AN INVESTMENT OFFICER AND AN ALTERNATE
INVESTMENT OFFICER RESPONSIBLE FOR THE INVESTMENT OF THE
FUNDS OF THE CITY OF BAYTOWN; AND PROVIDING FOR THE
EFFECTIVE DATE THEREOF.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BAYTOWN,
TEXAS:
Section 1: That the City Council of the City of Baytown, Texas, appoints Donna
Sams, Director of Finance, as the Investment Officer of the City of Baytown, and Rhonda
Young, Treasurer, as an Alternate Investment Officer of the City, to be responsible to invest the
City's funds in investments that provide for the preservation and safety of principal, liquidity and
yield consistent with the Public Funds Investment Act and the investment policy of the City of
Baytown.
Section 2: That the City Council of the City of Baytown, Texas, authorizes its City
Manager, Investment Officer, and Alternative Investment Officer to complete Texas Local
Government Investment Pool's Resolution Amending Authorized Representatives, which is
attached hereto as Exhibit "A," and incorporated herein for all intents and purposes.
Section 3: This resolution shall take effect immediately from and after its passage by
the City Council of the City of Baytown.
INTRODUCED, READ and PASSED, by the affirmative vote of the City Council of the
City of Baytown this the 25'' day of January, 2001.
PETE C. ALFARO, Mayor
ATTEST:
G W.,k3MITfFCity Clerk
APPROVED AS TO FORM:
ACIO RAMIREZ, SR., ity Attorney
c:k1h259\CityCounc{I\Resolution glnvestmentOfficers
'An Ines m..t Service Joy Public Funds'
RESOLUTION
AMENDING AUTHORIZED REPRESENTATIVES
WHEREAS,
("Participant") is 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 in 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"), 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 as follows:
A. That the individuals, whose signatures appear in this Resolution, are Authorized Representatives
of the Participant and are each hereby authorized to transmit funds for investment in TexPool 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 funds.
B. That an Authorized Representative of the Participant may be deleted by a written instrument
signed by all remaining Authorized Representatives provided that the deleted Authorized
Representative (1) is assigned job duties that no longer require access to the Participant's TexPool
account or(2) is no longer employed by the Participant; and
C. 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;
GAHIBIT A
List the Authorized Representatives of the Participant. These individuals will be issued P.I.N. numbers.
1.Name Title
Signature Direct Phone Number
2.Name Title
Signature Direct Phone Number
3. Name Title
Signature Direct Phone Number
List the name 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
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 make deposits or
withdrawals. If the Participant desires to designate a representative with inquiry rights only, complete the
following information.
4.Name Title
D. That this Resolution and its authorization shall continue in full forceand 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
day , 20
NAME OF PARTICIPANT:
BY:
Signature
Printed Name
Title
ATTEST:
Signature
Printed Name
OFFICIAL SEAL Title
' SPECIAL WIRE INSTRUCTIONS
t (These instructions only apply to Debt Service Payments,TEA Payments,
and CED Payments and must be received by TexPool Participant Services
one (1) day prior to the transaction date. Pease TYPE all information.)
Settlement Date:
Outgoing Wire Time Deadline:
Participant Name: Location:
Bank: Series:
ABA#: Fund:
Amount:
Credit:
####*########***######***#*#**#*##**####*###****#*###**##*######**######*#############**###**#*#########
Participant Name: Location:
Bank: Series:
ABA#: Fund:
Amount:
Credit:
Participant Name: Location:
Bank: Series:
ABA#: Fund:
Amount:
Credit:
Signature: Signature:
First Authorized Representative Second Authorized Representative
PIN PIN:
(TexPool Representative will call to obtain) (TexPool Representative will call to obtain)
Participant Telephone Number TexPool Approval Signature