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HomeMy WebLinkAboutResolution - 2014-R0123 - Amend Deisgnation Of Lubbock's Texstar Fund Representative - 04/10/2014RESOLUTION BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT the Mayor of the City of Lubbock is hereby authorized and directed to execute for and on behalf of the City of Lubbock, a resolution amending the designation of authorized City representative for the purpose of transacting any and all business on behalf of the City of Lubbock for TexSTAR Short Term Assert Reserve Fund, a public funds investment pool, and all other related documents. Said Resolution is attached hereto as Exhibit "A" and incorporated in this resolution as if fully set forth herein and shall be included in the minutes of the City Council. Passed by the City Council on April 10, 2014 GLE . RO ERTSON, MAYOR ATTEST: kebca Garza, City Secre APPROVED AS TO CONTENT: Pamela Moon, Executive Director of Finance APPROVED AS TO FORM: Chad Weaver, Assistant City Attorney RES.TexSTAR Representative April 1, 2014 TeArSTAR AMENDING RESOLUTION WHEREAS, City of Lubbock, TX (the "Government Entity") by authority of the Application for Participation in TexSTAR (the "Application") has entered into an Interlocal Agreement (the "Agreement") and has become a participant in the public funds investment pool created there under known as TexSTAR Short Term Assert Reserve Fund ("TexSTAR"); WHEREAS, the Application designated on one or more "Authorized Representatives" within the meaning of the Agreement; WHEREAS, the Government Entity now wishes to update and designate the following persons as the "Authorized Representatives" within the meaning of the Agreement; NOW, THEREFORE, BE IT RESOLVED: SECTION 1. The following officers, officials or employees of the Government Entity specified in this document are hereby designated as "Authorized Representatives" within the meaning of the Agreement, with full power and authority to open accounts, to deposit and withdraw funds, to agree to the terms for use of the website for online transactions, to designate other authorized representatives, and to take all other action required or permitted by Government Entity under the Agreement created by the application, all in the name and on behalf of the Government Entity. SECTION 2. This document supersedes and replaces the Government Entity's previous designation of officers, officials or employees of the Government Entity as Authorized Representatives under the Agreement SECTION 3. This resolution will continue in full force and effect until amended or revoked by Government Entity and written notice of the amendment or revocation is delivered to the TExSTAR Board. SECTION 4. Terms used in this resolution have the meanings given to them by the Application. EXHIBIT Authorized Representatives. Each of the following Participant officials is designated as Participant's Authorized Representative authorized to give notices and instructions to the Board in accordance with the Agreement, the Bylaws, the Investment Policy, and the Operating Procedures: Pamela Moon Executive Director of Finance 1. Name: Title: /�/�'� 806.775.2148 Signature: �((,( ( / ► Iakk_' Phone: pmoon@mylubbock.us Email: Danielle Whitfill Senior Financial Analyst 2. Name: / —Title: Signature: Phone: 806.775.2985 dwhitfill@mylubbock.us Email: Kevin Rule Investment and Debt Analyst 3. Name: Title: Signature: Phone: 806.775.2183 Email:krule@mylubbock.us Linda Cuellar Accounting Supervisor 4. Name: r1 Title: Signature: ^—�� c._ Phone: 806.775.3273 Icuellar@mylubbock.us Email: {REQUIRED} PRIMARY CONTACT. List the name of the Authorized Representative listed above that will be designated as the Primary Contact and will receive all TexSTAR correspondence including transaction confirmations and monthly statements ,,,---.Kevin Rule {OPTIONAL} INQUIRY ONLY CONTACT. In addition, the following additional Participant representative (not listed above) is designated as an Inquiry Only Representative authorized to obtain account information: Name: Brack Bullock r Title:Accounting Supervisor Signature: Phone: 806.775.2147 Email: bbullock@mylubbock.us Participant may designate other authorized representatives by written instrument signed by an existing Participant Authorized Representative or Participant's chief executive officer. *REQUIRED* PLACE OFFICIAL SEAL OF ENTITY HERE DATED April 10, 2014 City of Lubbock, TX (IlJAE OF PARTI ANT) SIGNED BY: (Signature of official) Glen C obertson, Mayor (Printed name and title) ATTESTED BY: _ (Signature of official) Rebecca Garza, ity Secretary (Printed name and title) FOR INTERNAL USE ONLY APPROVED AND ACCEPTED: TEXAS SHORT TERM ASSET RESERVE FUND .......................................................................... AUTHORIZED SIGNER