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R-13-12-05-E2 - 12/5/20130 0 RESOLUTION NO. R -13-12-05-E2 WHEREAS, the City of Round Rock, Texas Location 78399 ("Participant") 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 Participant 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 / Texpool Prime"), a public funds investment pool were 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 COUNCIL OF THE CITY OF ROUND ROCK, TEXAS, A. That the individuals, whose signatures appear in this Resolution, are Authorized Representatives of the Participant and are each hereby authorized to transmit funds for investment in TexPool / TexPool Prime 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. B. That an Authorized Representative of the Participant may be deleted by a written instrument signed by two remaining Authorized Representatives provided that the deleted Authorized Representative (1) is assigned job duties that no longer require access to the Participant's TexPool / TexPool Prime account or (2) is no longer employed by the Participant. 0112.1304; 00287424 0 0 C. That the Participant may by Amending Resolution signed by the Participant add an Authorized Representative provided the additional Authorized Representative is an officer, employee, or agent of the Participant. List the Authorized Representatives of the Participant. 1. Name: Joan Sharp Title: Treasury Accountant Phone/Fax/Email: 512-218-3297 512-218-5442 jsharp n,roundrocktexas.gov Signature u� sela4/42 2. Name: Elaine Wilson Title: Accounting Manager Phone/Fax/Email: 512-218-5444 512-218-5442 ewilson@roundrocktexas.gov Signature 3. Name: Cheryl Delaney Title: Finance Director Phone/Fax/Email: 512-218-5445 512-218-5442 cdelaney@roundrocktexas.gov Ci(UALIL Signature 4. Name: Jeny Galloway Title: Controller Phone/Fax/Email: 512-218-5432 512-218-5442 jdg cr roundrocktexas.gov Signature 5. Name: Lorie Lankford Title: Assistant Finance Director Phone/Fax/Email: 51-218-3295 112-218-5 42 llankfordgroundrocktexas.gov f / Signature L ' ♦ )� 6. Name: Lynn Olsen Phone/Fax/Email: 512-, 18-5437 512-218-5442 lolsen@roundrocktexas.gov Signature 7. Name: Sherri Crone Title: Accountant Title: Accounting Supervisor Phone/Fax/Email: 512-218-5443 512-218-5442 scrone@roundrocktexas.gov Signature !/LoIJLL 2 O 8. Name: Olivia Riley Title: Accounting Manager Phone/Fax/Email: 512-2W,$-3300 512-2,18-5442 oriley(&,,roundrocktexas.gov Signature LSGr`42-/ List the name of the Authorized Representative listed above that will have primary responsibility for performing transactions and receiving confirmations and monthly statements under the Participation Agreement. Name: Joan Sharp In addition and at the option of the Participant, one additional Authorized Representative can be designated to perform only inquiry of selected information. This limited representative cannot perform transactions. If the Participant desires to designate a representative with inquiry rights only, complete the following information. 9. Name: Jo Rikki Ramirez Title: Investment Representative Phone/Fax/Email: 512-320-5042 512-320-5041 rikki@patterson.net D. That this Resolution and its authorization shall continue in full force and effect until amended or revoked by the Participant, and until TexPool Participant Services receives a copy of any such amendment or revocation. The City Council hereby finds and declares that written notice of the date, hour, place and subject of the meeting at which this Resolution was adopted was posted and that such meeting was open to the public as required by law at all times during which this Resolution and the subject matter hereof were discussed, considered and formally acted upon, all as required by the Open Meetings Act, Chapter 551, Texas Government Code, as amended. RESOLVED this 5th day of December, 2013. ATTEST: SARA L. WHITE, City Clerk 3 tr ALAN MCGRAW, Mayor City of Round Rock, Texas TExPOOL An Investment Service for Public Funds f 0 RESOLUTION AMENDING AUTHORIZED REPRESENTATIVES EXHIBIT WHEREAS, City of Round Rock, Location 78399 (Participant Name & Location Number) ("Participant") 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 Participant 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/ Texpool Prime"), a public funds investment pool, were 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 as follows: A. That the individuals, whose signatures appear in this Resolution, are Authorized Representatives of the Participant and are each hereby authorized to transmit funds for investment in TexPool / TexPool Prune 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. B. That an Authorized Representative of the Participant may be deleted by a written instrument signed by two remaining Authorized Representatives provided that the deleted Authorized Representative (1) is assigned job duties that no longer require access to the Participant's TexPool / TexPool Prime account or (2) is no longer employed by the Participant; and C. That the Participant may by Amending Resolution signed by the Participant add an Authorized Representative provided the additional Authorized Representative is an officer, employee, or agent of the Participant; List the Authorized Representatives of the Participant. Any new individuals will be issued personal identification numbers to transact business with TexPool Participant Services. 1. Name: Joan Sharp Title: Treasury Accountant Phone/Fax/Email: 512-218-3297 512-218-5442 jsharp@roundrocktexas.gov Signature: 2. Name: Elaine Wilson Title: Accounting Manager Phone/Fax/Email: 512-218-5444 512-218-5442 ewilson@roundrocktexas.gov t t+, Signature: ORIGINAL SIGNATURE AND DOCUMENT REQUIRED TexPool Participant Services • Federated Investors Inc 1001 Texas Ave., Suite 1400 • Houston, TX 77002 • R.tex000l.com • 1-866-839-7665 TEX — REP 06/13 Q 3. Name: Cheryl Delaney Title: Finance Director Phone/Fax/Email: 512-218-5445 512-218-5442 cdelaney@roundrocktexas.gov Signature: 4. Name: Jerry Galloway Title: Controller Phone/Fax/Email: 512-21854 512-218- 2 jdg@roundrocktexas,gov Signature: List the name of the Authorized Representative listed above that will have primary responsibility for performing transactions and receiving confirmations and monthly statements under the Participation Agreement. Name Joan Sharp In addition and at the option of the Participant, one additional Authorized Representative can be designated to perform only inquiry of selected information. This limited representative cannot perform transactions. If the Participant desires to designate a representative with inquiry rights only, complete the following information. 5. Name: Title: Phone/Fax/Email: D. That this Resolution and its authorization shall continue in full force and effect until amended or revoked by the Participant, and until TexPool Participant Services receives a copy of any such amendment or revocation. This Resolution is hereby introduced and adopted by the Participant at its regular/special meeting held on the day , 20 _ Document is to be signed by your Board President, Mayor or County Judge and attested by your Board Secretary, City Secretary or County Clerk. NAME OF PARTICIPANT: SIGNED: ATTEST: Signature Printed Name Title Signature Printed Name Title This document supersedes all prior Authorized Representative designations. ORIGINAL SIGNATURE AND DOCUMENT REQUIRED TexPool Participant Services • Federated Investors Inc 1001 Texas Ave., Suite 1400 • Houston, TX 77002 • tevti,,c.texpool.com • 1-866-839-7665 TEX — REP 06/13 0 0 3. Name: Lorie Lankford Title: Assistant Finance Director Phone/Fax/Email: 51? 61 218-54 ilankf.4 • roundrocktexas.gov Signature:illAL ��/ rj 4. Name: Lynn Olsen Title: Accountant Phone/Fax/Email: 512-218-5437 5 18-5442 lolsen@roundrocktexas.gov Signature: List the name of the Authorized Representative listed above that will have primary responsibility for performing transactions and receiving confirmations and monthly statements under the Participation Agreement. Name Joan Sharp In addition and at the option of the Participant, one additional Authorized Representative can be designated to perform only inquiry of selected information. This limited representative cannot perform transactions. If the Participant desires to designate a representative with inquiry rights only, complete the following information. 5. Name: Title: Phone/Fax/Email: D. That this Resolution and its authorization shall continue in full force and effect until amended or revoked by the Participant, and until TexPool Participant Services receives a copy of any such amendment or revocation. This Resolution is hereby introduced and adopted by the Participant at its regular/special meeting held on the day , 20 Document is to be signed by your Board President, Mayor or County Judge and attested by your Board Secretary, City Secretary or County CIerk. NAME OF PARTICIPANT: SIGNED: ATTEST: Signature Printed Name Title Signature Printed Name Title This document supersedes all prior Authorized Representative designations. ORIGINAL SIGNATURE AND DOCUMENT REQUIRED TexPool Participant Services • Federated Investors Inc 1001 Texas Ave., Suite 1400 • Houston, TX 77002 • +w w.texpool.com • 1-866-839-7665 TEX — REP 06/13 Q 0 3. Name: Sherri Crone Title: Accounting Supervisor Phone/Fax/Email: 512-218-5443 512-218-5442 scrone@roundrocktexas.gov Signature: 4. Name: Olivia Riley sn�. Gam. Title: Accounting Manager Phone/Fax/Email: 512-3300 512-21-5442 oriley@roundrocktexas.gov Signature: List the name of the Authorized Representative listed above that will have primary responsibility for performing transactions and receiving confirmations and monthly statements under the Participation Agreement. Name Joan Sharp In addition and at the option of the Participant, one additional Authorized Representative can be designated to perform only inquiry of selected information. This limited representative cannot perform transactions. If the Participant desires to designate a representative with inquiry rights only, complete the following information. 5. Name: Jo Rikki Ramirez Title: Investment Representative Phone/Fax/Email: 512-320-5042 512-320-5041 rikki@patterson.net D. That this Resolution and its authorization shall continue in full force and effect until amended or revoked by the Participant, and until TexPool Participant Services receives a copy of any such amendment or revocation. This Resolution is hereby introduced and adopted by the Participant at its regular/special meeting held on the day , 20 Document is to be signed by your Board President, Mayor or County Judge and attested by your Board Secretary, City Secretary or County Clerk. NAME OF PARTICIPANT: SIGNED: ATTEST: Signature Printed Name Title Signature Printed Name Title This document supersedes all prior Authorized Representative designations. ORIGINAL SIGNATURE AND DOCUMENT REQUIRED TexPool Participant Services • Federated Investors Inc 1001 Texas Ave., Suite 1400 • Houston, TX 77002 • tic\m,tcxpool.com • 1-866-839-7665 TEX — REP 06/13 City of Round Rock Agenda Item Summary Agenda Number: E.2 Title: Consider a resolution authorizing certain officers and employees of the City to perform transactions with Texpool. Type: Resolution Governing Body: City Council Agenda Date: 12/5/2013 Dept Director: Cheryl Delaney, Finance Director Cost: Indexes: Attachments: Resolution, Texpool Department: Finance Department Text of Legislative File 13-958 The City has accounts with Texpool, a local government investment pool. This resolution is to update the employees authorized to perform transactions with Texpool . Staff recommends approval. City of Round Rock Page 1 Printed on 12/3/2013