Resolution 2006-07
RESOLUTION NO. 2006-07 (R)
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
WYLIE, TEXAS, AUTHORIZING PARTICIPATION IN TEXPOOL
AND DESIGNATING AUTHORIZED REPRESENTATIVES
WHEREAS, the City of Wylie, Texas, ("Participant") is a local government or state
agency of the State of Texas and is empowered to delegate to the public funds investment pools
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 Pools (ITexPool"), public funds
investment pools, were 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.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
WYLIE, TEXAS:
SECTION 1: 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 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 Participant 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
participant's TexPoollTexPool Prime account or (2) is no longer employed by the Participant;
and
SECTION 3: 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;
Names of the authorized representatives of the Participant are:
Sign,tur
Phone- 972/4.6.-8141 Fax- 972/442-8105
Email- larry. williamson@wvlietexas.gov
Title
Finance Director
1. Name
Resolution No. 2006-07(R)
Texpool Authorization
Signature
Mark B. Roath Title
-li4L i3.~
City Manager
2. Name
Phone- 972/442-8121 Fax- 972/442-4302
Email- mark.roath@wylietexas.gov
Name of the Authorized Representative that will have primary responsibility for performing
transactions and receiving confirmations and monthly statements under the Participation
Agreement is:
Signatupe/
{--/'
Phone- ~72/44~ ~1 Fax- 972/442-8105
Email- larrv.wlliamson@wylietexas.gov
/7 Title
Finance Director
3. Name
The authorized representative designated to perform inquiry only of selected information is:
4. Name
Melissa Beard
Title
Senior Accountant
Signature {)Ii LU;)CL l5t.:auL/
(
Phone- 972/442-8144 Fax- 972/442-8105
Email- melissa.beard@wylietexas.gov
SECTION 4: That this resolution and its authorization 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. And, that this resolution supersedes all prior authorized
representative designations.
THIS RESOLUTION IS HEREBY INTRODUCED AND ADOPTED by the
Participant at its regular/special meeting held on the 28th day of February, 2006.
NAME OF P ARTICIP ANT: City of Wylie
ATTEST:
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Resolution No. 2006-07(R)
TexpoolAuthor~ation