HomeMy WebLinkAboutResolution - 2010-R0603 - Authorized Reps On City's Accounts With Texstar - 12/15/2010Resolution No. 2010-RO603
December 15, 2010
Item No. 5.3
RESOLUTION NO
A RESOLUTION AMENDING
AUTHORIZED REPRESENTATIVES
WHEREAS, CITY OF LUBBOCK (the "City") 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 City 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, TexSTAR is a local government investment pool; NOW THEREFORE:
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK:
SECTION 1. THAT the individuals, whose signatures appear in this Resolution, are
Authorized Representatives of the City and are each hereby authorized to transmit funds for
investment in TexSTAR 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 City 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 City's
TexSTAR account or (2) is no longer employed by the City; and
SECTION 3. THAT the City may by Amending Resolution signed by the City add an
Authorized Representative provided the additional Authorized Representative is an officer.
employee, or agent of the City;
SECTION 4. THAT the following persons are Authorized Representatives of the City of
Lubbock. Any new individuals will be issued personal identification numbers to transact
business with TexSTAR.
1. Name: Lee Ann Dumbauld Title: City Manager
Signature: �.�`ii� Direct Phone Number (806)775-2016
?. Name: Andjy�-Burcham
Signature: 1 WV
3. Name: Chelsea Pig
Signature:
4. Name: Chad Sales
Signature: '
Title: Chief Financial Officer
Direct Phone Number: (806)775-2149
Title: Senior Financial Analyst
Direct Phone Number: (806)775-2985
Title: Financial Analyst
Direct Phone Number: (806)775-3082
5. Name: James Capps Title: Financial Analyst
Signature: Direct Phone Number: (806)775-2986
List the name of thAuthorized Representative listed above that will have primary responsibility
for performing transactions and receiving confirmations and monthly statements under the
Participation Agreement.
Name: Chelsea Pigg
Email CPigg@mylubbock.us mylubbock.us Fax Number (806) 775-2051
SECTION 5. THAT this Resolution and its authorization shall continue in full force and
effect until amended or revoked by the City, and until TexSTAR receives a copy of any such
amendment or revocation. This Resolution is hereby introduced and adopted by the City at its
regular meeting held on the 15`h day of December. 2010.
Passed by the City Council this 15`h day of December, 2010.
TOM MARTIN, MAYOR
ATTEST:
Rebecb Garza, City Secretary
APPROVED AS TO CONTENT:
Andy Burc am, Chief Financial Officer
APPROVED AS TO FORM:
Amy Si , Assistan i y Attorney
�r
ccdocs Res Texs rAR-Authorized Representatives
Resolution No. 2010—R0603
TeXSTAI-� ADDITION/DELETION FORM FOR
la AUTHORIZED REPRESENTATIVES
PARTICIPANT NAME: City of Lubbock, TX LOCATION NUMBER: 15521
PART I: DELETIONS - Please enter the Authorized Representatives to be deleted
im
0
1. Name: James Capps
Signature:
2. Name:
Signature:
Title: Financial Analyst
Phone: 806.775.2986
Email: JCapps@mylubbock.us
Title:
Phone:
Email:
1. Name: Lee Ann Dumbauld
Official Seal of Participant
Signature: (required)
Title: City Manager
2. Name: Andy Burcham
Signature:
Title: Chief Financial Officer
3. Name: Chelsea Pigg
Signature: C�IVI��l
Title: Senior Financial Analyst
4. Name: Chad Sales
CITY REPRESENTATIVE:
TOM MARTIN, Mayor
/ Attested By
Signature:
Reb ca Garza
Title: Financial Anlayst Title. City Secretary
Mail originals to TexSTAR Participant Services' 325 North St. Paul Street, Suite 800 . Dallas, Texas 75201
APPROVED AS TO CONTENT:
641�n�
Andy Burc A
Chief Financial Officer
APPROVED AS TO FORM:
ti
A st ity Attorney
TexSTAR
ADDITION/DELETION FORM FOR
AUTHORIZED REPRESENTATIVES
PART IV: PRIMARY CONTACT [required] - If the Primary Contact on file with TexSTAR was deleted in
Part I of this form, please provide the name of the Authorized Representative that will be the Primary
Contact. The Primary Contact is the individual who will receive the daily transaction confirmations, monthly
statements, monthly newsletter, TexSTAR updates and other program mailings.
Name: Chelsea Pigg
Email Address: CPigg@mylubbock.us
Phone Number: 806.775.2985
PART V: INQUIRY ONLY [optional] - If an Inquiry Only Representative was deleted in Part I and you wish
to replace this representative or add an inquiry only representative to your TexSTAR account for the first
time, please list this individual below. This limited representative cannot make deposits or withdrawals or
sign Bank Information Sheets.
Name: Title:
Signature: Phone:
Email:
If you have any questions regarding this form or the Authorized Representatives currently on file
with TexSTAR for your entity, please contact TexSTAR Participant Services at 1-800-839-7827.
Forms with alterations (i.e. white out, mark out, etc.) will not be accepted
Mail originals to TexSTAR Participant Services' 325 North St. Paul Street, Suite 800' Dallas, Texas 75201
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