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Home My WebLink AboutRES 030816-I - Banking AuthorizationRESOLUTION NO. 0 30 SI (®1 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS TO AUTHORIZE REPRESENTATIVES TO CONDUCT BUSINESS FOR NON -PRIMARY DEPOSITORY INSTITUTION SERVICES INCLUDING, BUT NOT LIMITED TO: J.P. MORGAN CHASE & CO., COMERICA BANK N.A., TEXPOOL PARTICIPANT SERVICES, TEXSTAR, TEXASTERM/TEXAS DAILY, BANKTEXAS N.A., INDEPENDENT BANK, BTH BANK, PROSPERITY BANK, RBANK TEXAS, LEGACY TEXAS BANK, AND SOUTHSIDE BANK WHEREAS, the City of Georgetown (the "Depositor') is a local government of the State of Texas and is hereby empowered to conduct business with J.P. Morgan Chase & Co., Comerica Bank N.A., TexPool Participants Services, TexSTAR, TexasTERM/TexasDAILY, BankTexas N.A.; Independent Bank; BTH Bank, Prosperity Bank, RBank Texas, Legacy Texas Bank, and Southside Bank for non -primary bank depository services; and WHEREAS, the City of Georgetown (the "Depositor") is also empowered to conduct business with other banking institutions as required for non -primary bank depository services; NOW THEREFORE BE IT RESOLVED THAT: SECTION ONE. The facts and recitations contained in the preamble of this resolution are hereby found and declared to be true and correct, and are incorporated by reference herein and expressly made a part hereof, as if copied verbatim. SECTION TWO. The individuals, whose names appear below, are Representatives of the Depositor and are each hereby authorized to open accounts, to issue letters of instruction, and to take all other actions deemed necessary or appropriate for the purpose of conducting non -primary bank depository services at institutions necessary to conduct City business. Authorized Representatives are listed below: Name: Title: Laurie Brewer Assistant City Manager Leigh Wallace Finance Director Karrie Pursley Accounting Supervisor Kara McSwiggin Sr. Accountant SECTION THREE. An Authorized Representative of the Depositor may be added or deleted by a written instrument signed by at least one of the named Authorized Representatives. Resolution Number: o—�og i G-1— Description: Banking Authorization Resolution Date Approved: March 8, 2016 Page 1 of 2 SECTION FOUR. Specific authorization forms previously approved by Council for TexPool are still in effect to meet those banks individual requirements. SECTION FIVE. This Resolution and its authorization shall continue in full force and effect until amended or revoked by the Depositor. SECTION SIX. The Mayor is hereby authorized to sign this Resolution and the City Secretary to attest. SECTION SEVEN. This Resolution shall become effective upon its adoption. PASSED AND APPROVED on the 8t" day of March, 2016. ATTEST: <S�'� " J,' Shelley Now Ad City Secret APPROVED AS TO FORM: '-, � �'-' �� L 1"6 e Charlie McNabb City Attorney Resolution Number: 03094(a- Description: Banking Authorization Resolution Date Approved: March 8, 2016 CITY OF GEORGETOWN, TEXAS By: _ Dale Ross Mayor Page 2 of 2 Please use this form to amend or designate Authorized Representatives. This document supersedes all prior Authorized Representative forms. * Required Fields Resolution Amending Authorized Representatives WHEREAS, lCity of Georgetown, Texas f !7 18 13 ; 9 ! 7 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 two 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 Representative(s) of the Participant. Any new individuals will be issued personal identification numbers to transact business with TexPool Participant Services. rie Brewer Name Assistant City Manager Title 612-930-2507 / 512-930-0400 (fax) / laurie.brewer@georgetown.org Phone/Fax/Email Signature 2 I Leigh Wallace Name Finance Director Title 1512-930-3677 / 512-930-0400 (fax) / leigh.wallace@georgetown.org Phone/Fax/Email Signature FORM CONTINUES ON NEXT PAGE 1 OF 2 1. Resolution (continued) Varne Supervisor Title 1512-930-3678 / 512-930-0400 / karrie.pursley@georgetown.org (Phone/Fax/Email f Signature 4 Kara McSwiggin Name (Senior Accountant Title 12-930-9223 / 512-930-0400 / kara.mcswiggin@georgetown.org Phone/Fax/Email Signature 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 perform transactions. If the Participant desires to designate a representative with inquiry rights only, complete the following information. usanne Dubois Name jAccounting Specialist Senior Title 512-930-3680 / susanne.du_b_ois@georgetown.orq Phone/Fax/Email 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 I day MQ, -t c_1n , 20 Note: Document is to be signed by your Board President, Mayor or County Judge and attested by your Board Secretary, City Secretary or County Clerk. City of Georgetown, Texas Name of Participant* SIGNED Signature* JATTEST Signature* 'Dale Ross Shelley Nowling Printed Name* Printed Name* Mayor Title* City Secretary Title* 2. Mailing Instructions i The completed Resolution Amending Authorized Representatives can be faxed to TexPool Participant Services at 1-866-839-3291, and mailed to: TexPool Participant Services 1001 Texas Avenue, Suite 1400 Houston, TX 77002 ORIGINAL SIGNATURE AND DOCUMENT REQUIRED TEX-REP TexPool Participant Services 1001 Texas Avenue, Suite 1400 - Houston, TX 77002 Phone: 1.866-TEXPOOL (839.7665) - Fax: 1.866.839.3291 . www.texpool.com 2OF2 Managedand Federated Serviced by G45340.17 (12/15)