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BCRUA_R-10-12-15-7B RESOLUTION NO. R-10-12-15-711 WHEREAS, the Brushy Creek Regional Utility Authority (BCRUA) desires to approve the "Authorized Broker/Dealer List" in accordance with the requirements of the Investment Policy,Now Therefore BE IT RESOLVED BY THE BRUSHY CREEK REGIONAL UTILITY AUTHORITY, That the Board of Directors hereby approves the "Authorized Broker/Dealer List," a copy of same being attached hereto as Exhibit"A" and incorporated herein for all purposes. The Board 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 15th day of December, 2010. MITCf FU ER, President Brush Regional Utility Authority TE T: J Cowman, Secretary Z:\BCRUA\Board Packets\Packet Documents\121510\Res.BCRUA-authorized broker-dealer list(00209498).DOC/rmc Brushy Creek Regional Utility Authority (BCRUA) Authorized Broker/Dealer List December 2010 The authorized broker/dealer list for Brushy Creek RUA is shown below. Each of these firms, and the individual covering the account, are sent the current Investment Policy. In accordance with the Public Funds Investment Act (TX Gov't Code 2256.005(k)) before any broker/dealer transacts business with the Authority it will have had to certify in writing to a review of the BCRUA Policy and have certified that procedures are in place to assure compliance with that Policy. The Authority's Policy establishes specific criteria for the brokers and requires that the list of broke/dealers be approved annually by the Board. Patterson & Associates maintains the brokerage compliance files for the Authority. When any material changes are made to the Investment Policy the new Policy is sent out for re- certification. Barclays Citigroup Coastal Securities Mizuho Securities Morgan Keegan Stifel Nicolaus Wells Fargo EXHIBIT "A"