Resolution 96-26
RESOLUTION NO. r, - el6"
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WYLIE, TEXAS, AMENDING
THE AUTHORIZED REPRESENTATIVES OF THE TEXAS LOCAL GOVERNMENT
INVESTMENT POOL
WHEREAS, the City of Wylie, Texas ("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, the Texas Local Government Investment Pool ("TexPool"), a public
funds investment pool, was created on behalf of entities whose investment objectives in
order of priority are preservation and safety of principal, liquidity, and yield consistent with
the Public Funds Investment Act; and
WHEREAS, the Participant has entered into a Participation Agreement and has
established an account in its name in TexPool, for the purpose of transmitting local funds
for investment in TexPool; and
NOW THEREFORE, be it resolved as follows:
Section 1: That the individuals, whose signatures appear on this resolution, are
authorized representatives of the Participant 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.
List of the authorized representatives of the Participant. These individuals will be
issued P,I.N. numbers. All confirmations and monthly statements will be mailed to
the attention of the first person listed.
M,ike Collins;. 9tY. _ Man~el .
Signature: --IlJ~. '=td1.ll~
Brady Snell
Signature:
Section 2: That this resolution and its authorization supersede all prior
resolutions and shall continue in full force and effect until amended or
revoked by the Participant, and until TexPool receives a copy of any
such amendment or revocation,
This resolution is hereby introduced and adopted by the Participant at its regular
meeting on the 12th day of November, 1996,
NAME OF PARTICIPANT:
CITY OF WYLIE, TEXAS "
Signature: 1Yl~ Wi~
Mike Collins
City Manager
APPROVED BY: