BCRUA_R-13-10-16-7B--------------
RESOLUTION NO. R-13-10-16-7B
WHEREAS, the Brushy Creek Regional Utility Authority (BCRUA) desires to approve
an update to the "Brushy Creek Regional Utility Authority Authorized BrokerlDealer 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 an update to the "Brushy Creek Regional
Utility Authority 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 16th day of October, 2013.
ATTEST:
~d~'MICHELL CANT ELL, Secretary
Z-\BCRUA\Board Packets\Packet Documents\1013\101613\Res. BCRUA -authorized broker·dealer list (00284347) DOC
BRUSHY CREEK REGIONAL UTILITY AUTHORITY (BCRUA)
Authorized BrokerlDealer List
Adopted by R-13-l 0-16-7B
October 2013
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
broker/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
recertification.
Barc1ays
Coastal Securities
G.X. Clarke
Mizuho Securities
Raymond James (Formerly Morgan Keegan)
Morgan Stanley (Formerly Citigroup)
Mutual Securities
Stifel Nicolaus
Wells Fargo
Exhibit "A"
BRUSHY CREEK REGIONAL UTILITY AUTHORITY (BCRUA)
Authorized Broker/Dealer List
Adopted by R-13-10-16-7B
October 2013
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
broker/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
recertification.
Barclays
Coastal Securities
G.X. Clarke
Mizuho Securities
Raymond James (Formerly Morgan Keegan)
Morgan Stanley (Formerly Citigroup)
Mutual Securities
Stifel Nicolaus
Wells Fargo