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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 r-- 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 2 I l 1�1. • RESOLUTION AMENDING ` ` ,i ' ° ` ` 4 k :\n-Inrr Nnicnl tirrcicc liar Public Bunk 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 • 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