CC Resolution No. 2037 - Designation of Tex-Pool Rep RESOLUTION NO.2037
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BAYTOWN."TEXAS.
ANIENDTNG AUTHORIZED REPRESENTATIVES FOR T14E TEXAS LOCAL
GOVERNMENT INVESTMENT POOL;AND PROVIDING FOR THE EFFECTIVE
DATE THEREOF.
WHEREAS,City of Baytown("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 in the best interest of the Participant to invest local fiends 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 objectives 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 BAYTOWN.TEXAS:
Section l: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/Te.vPool 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
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local funds.
Section 2: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/TexPool Prime account or(2)is no longer employed by the Participant.
Section 3: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.
Section 4:That the following lists the Authorized Representatives of the Participant.who
will be issued personal identification numbers to transact business with TexPool Participant Services if
newly designated:
I.
Name:Cynthia Pearson Title:Director of Finance
Signature:�(,�„S Phone Number:281-420-6529
2.
Name:Andrea S.Deaton Title:Asst.Director of Finance
Signature:S ie�Phone Number:281-420-6530
Name:Rhonda Ball Title:Administrative Assistant
Si natu Phone Number:281-420-6531
't-
Section 5:That the following Authorized Representative will have primary responsibility
for performing transactions and receiving confirmations and monthly statements under the Participation
Agreement:
Name:Andrea S.Deaton
E-mail:and rea.deaton(&baytown.org Fax Number:281-420-7135
Section 6:That the following Authorized Representative is designated to perform only
inquiry of selected information,but will not perform transactions:
Name:Rhonda Ball Title:Administrative Assistant
Section 7:That this Resolution and its authorization shall continue in full force and effect
until amended or revoked by the Participant,and until TesPool Participant Services receives a copy of
any such amendment or revocation.
Section 8:This document supersedes all prior Authorized Representative designations.
Section 9: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 the City Council of the City of
Baytown this the 14'h day of January.2010.
WTOW
STE E NCARLOS.Mayor
ATT i Itn
LETICIA�'erk
APPROVED AS TO FORM:
ACIO RAMIREZ,SR..City A o ney
R-WarenWilesTity CounciAResolutions\2010Ua iary 140esignatingTex Pool Respresentative.doc
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RESOLUTION AMENDING
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WHEREAS, City of Baytown, 78442
(Participant Name&Location Number)
("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 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/Texpool Prime"), a public funds
investment pool, were 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/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
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/TexPool Prime
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;
List the Authorized Representatives of the Participant. Any new individuals will be issued personal identification
numbers to transact business with TexPool Participant Services.
I.Name Andrea S. Deaton Title Assistant Director of Finance
Signature (fit l • , ;lCe_ 7 Phone Number 281-420-6530
ORIGINALS REQUIRED TEX—REP
TexPool Participant Services•Federated Investors Inc
1001 Texas Ave.,Suite 1400•Houston,TX 77002•www.texpool.com• 1-866-839-7665
10/08
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2. Name Cyrpthia Pearson
Title Director of Finance
Signature (e , ,j2�r.`c2Sr Phone Number 281-420-6529
3.Name Rhonda Ball , J n Title Administrative Assistant
Signature16 .0 ( j_Q J Phone Number 281-420-6531
4.Name Title
Signature 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 Andrea S. Deaton
Email andrea.deaton@baytown.org Fax Number 281-420-7135
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 rights only, complete the following information.
5.Name Title
D.That this Resolution and its authorization shall continue in full force and effect until amended or
revoked by the Participant, and until TexPool Participant Services 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 14th day January //, 20 10.
NAME OF PARTICIPANT: C' y of "Ba to
BY:
Signature
Garrison C. Brumback
Printed Name (.1
City Manager
Tie
�r K
ATTEST: l
Signature .
Leticia Garz.
Printed Name
City Clerk
Title
This document supersedes all prior Authorized Representative designations.
ORIGINALS REQUIRED TEX—REP
TexPool Participant Services•Federated Investors Inc
1001 Texas Ave.,Suite 1400•Houston,TX 77002•www.texpool.coin• 1-866-839-7665
10/08