CC Resolution No. 2132 - DesignatingTexPoolRepresentative RESOLUTION NO. 2132
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS,
AMENDING AUTHORIZED REPRESENTATIVES FOR THE 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 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 ("TexPooVCexPool 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 1: 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
TexPooUTexPool 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.
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:
1.
Name: Mike A. Lester Title: Interim Director of Finance
Signature: Phone Number: 281-420-5305
2.
Name: Louise Richman Title: Asst. Director of Finance
Signature: Phone Number: 281-420-6530
3.
Name: Genie Ginzel Title: Treasurer
Signature: Phone Number: 281420-6552
4.
Name: Meghan Lair Title: Financial Analyst
Signature: Phone Number: 281420-6533
5.
Name: Rhonda Ball Title: Administrative Assistant
Signature: Phone Number: 281420-6531
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: Rhonda Ball
E-mail: rhonda.ball@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: Title:
Section 7: 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.
Section 8: This document supersedes all prior Authorized Representative designations.
Section 9: This resolution shall take effect immediately from a 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 April,2011.
EPHEN H. DONCARLOS, Mayor
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L -ICIA BRYSCH,City C crk
APPROVED AS TO FORM:
AC10 RtA,MIREZ, SR.,Cit A omey
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