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HomeMy WebLinkAboutResolution - 2001-R0288 - City's LOGIC Account Changes - 07/12/2001Resolution No. 2001-RO288 July 12, 2001 Item No. 36 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: Andy Burcham Title: Cash & Debt Manager Signature: -�:i�o Azt-71�- Printed Name: Perry Stout Title: Chief Accou ant Signature: Printed Name: Title: Signature: Printed Name Title: uincy WhiiCV Assistant City Manager 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 ATTEST: Qa,�� Rebecca Garza, City SecretaryQA APPROVED AS TO CONTENT: everly Ho es Managing it ctor of Fin ce APPROVED AS TO F iiDdVandiver First Assistant City Attorney DV:cp L:\Cityatt\John\L0GIC.res-3 & ccdocs June 22, 2001 12th day of July , 2001. 6kX," --J .. MAYOR