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HomeMy WebLinkAboutResolution - 2003-R0476 - Resolution Changing Authorized Representative For Investment Cooperative - 10_23_2003Resolution No. 2003-RO476 October 23, 2003 Item No. 23 RESOLUTION A RESOLUTION CHANGING AUTHORIZED REPRESENTATIVE FOR LOCAL GOVERNMENT INVESTMENT COOPERATIVE WHEREAS, CITY OF LUBBOCK (the "City") by authority of that certain Local Government Investment Cooperative Resolution dated May 23, 1996, (the "Resolution") has entered into that certain Interlocal Agreement (the "Agreement") and has become a participant in the public funds investment pool created thereunder known as Local Government Investment Cooperative ("LOGIC"); WHEREAS, the Resolution designated on one or more "Authorized Representatives" within the meaning of the Agreement; WHEREAS, the City now wishes to update and designate the following persons as the "Authorized Representatives" within the meaning of the Agreement; BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: The following officers, officials or employees of the City are hereby designated as "Authorized Representatives" within the meaning of the Agreement, with full power and authority to: deposit money to and withdrawal money from the City's LOGIC account or accounts from time to time in accordance with the Agreement and the Information Statement describing the Agreement and to take all other actions deemed necessary or appropriate for the investment of funds of the Government Entity in LOGIC: Signature: Printed Name Title: Signature: Printed Name: Title: Signature: Printed Name: Title: Signature: Printed Name: Title: 4&4, Andy Bu cham Cash & Debt Manager Financial Analyst f Je der h' f c Ccountant 2()03- C-0Ljq(e The foregoing supersedes and replaces the City's previous designation of officers, officials or employees of the City as Authorized Representatives under the Agreement pursuant to paragraph 4 of the Resolution. Except as hereby modified, the Resolution shall remain in full force and effect. PASSED BY THE City Council this 23rd day of October , 2003. MARC MCDOUG t L, MAYOR ATTEST: Rebecca Garza, City Secretary APPROVED AS TO CONTENT: BeGerly H Interim Cl APPROVED AS Assistant City Attorney DV:cp L:1Cityatt\John\LOGIC.res-4 & ccdocs October 8, 2003