2002-041City of Southlake, Texas
RESOLUTION NO. 02-041
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF SOUTHLAKE, TEXAS, AMENDING THE CITY OF
SOUTHLAKE'S AUTHORIZED REPRESENATIVES
WITH "T EXPOOL".
WHEREAS, the City of Southlake 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 of Southlake 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"), a
public funds investment pool, was 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 BY THE CITY COUNCIL OF
THE CITY OF SOUTHLAKE, TEXAS:
Section 1. That the individuals, whose signatures appear in this Resolution, are Authorized
Representatives of the City of Southlake and are each hereby authorized to transmit funds for
investment in TexPool 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 of Southlake 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 of Southlake's TexPool account or (2) is no longer employed by the City of
Southlake; and
Section 3. That the City of Southlake may by Amending Resolution signed by the City of
Southlake add an Authorized Representative provided the additional Authorized Representative
is an officer, employee, or agent of the City of Southlake;
List the Authorized Representatives of the City of Southlake. These individuals will be issued
P.I.N. numbers to transact business via the phone with a participant service representative.
1. Name Sharon Guess Title: Assistant Finance Director
Signature Phone Number: 817-481-1733
2. Name Sharen Elam Title:
Signature,q'l,K Q(,/y 1 Phone Number:
3. Name Billv Campbell
Signature
List the name of Aui
responsibility for ormin,
under the Particip ion Agree
T'
Phone Number:
Resolution No. 02-041
Page 2
Director of Finance
817-481-1713
Citv Manager
817-481-1409
Representative listed above that will have primary
ins and receiving confirmations and monthly statements
Name Sharon Guess
Email s2uessa-citvofsouthlake.com
Section 4. That this Resolution and its authorization shall continue in full force and effect
until amended or revoked by the City of Southlake, and until TexPool receives a copy of any
such amendment or revocation.
PASSED AND APPROVED this the /gyp qday of "do '2002.
I t 111 f1.,,,
SO
ATTEST:
g••......••
0.. .•F s
v. •co
S
K' Bush
A ing City Secretary
MAWDFILMRE599INV DOC
v
CITY OF SOUTHLAKE, TEXAS
Mayor Rick Stacy