HomeMy WebLinkAboutR-3605-9-18 RESOLUTION NO.3605-9-18(R)
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ALLEN, COLLIN
COUNTY, TEXAS, AMENDING PRIOR DESIGNATIONS OF INVESTMENT
OFFICERS OF THE CITY AND AUTHORIZING INDIVIDUALS TO INVEST FUNDS
JOINTLY WITH OTHER TEXAS LOCAL GOVERNMENTS IN TEXSTAR; AND
PROVIDING AN EFFECTIVE DATE.
WHEREAS, the City of Allen by authority of the Application for Participation in TexSTAR has entered into an
Interlocal Agreement and has become a participant in the public funds investment pool created there under known
as TexSTAR Short Term Assert Reserve Fund;and,
WHEREAS, the Application designated on one or more "Authorized Representatives" within the meaning of
the Agreement; and,
WHEREAS, the City of Allen now wishes to update a designate the following persons as the "Authorized
Representatives"within the meaning of the Agreement.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ALLEN,
COLLIN COUNTY,TEXAS,THAT:
SECTION 1. The following officers,officials or employees of the City of Allen specified in this document are
hereby designated as "Authorized Representatives" within the meaning of the Agreement, with full power and
authority to open accounts,to deposit and withdraw funds, to agree to the terms for use of the website for online
transactions,to designate other authorized representatives and to take all other action required or permitted by the
City of Allen under the Agreement created by the application,all in the name and on behalf of the City of Allen.
Authorized Representatives. Each of the following Participate officials is designated as the City of Allen's
Authorized Representatives authorized to give notices and instructions to the Board in accordance with the
Agreement,the Bylaws,the Investment Policy,and the Operating Procedures.
1. Name Eric Cannon Title Chief Financial Officer
Phone/Fax/Email 214-5 9-4627 Fax 214-509-4672 ecannon@cityofallen.org
•
Signature
2. Name Steve Glickman Title Assistant Chief Financial Officer _
Phone/Fax/Email 21 - 09-4 6 Fax 214-509-4672 sglickman@cityofallen.org
Signature
3. Name Martin Clarke Title Controller
Phone/Fax/Email 214-509-4628 Fax 214-509-4672 mclarke@citvofallen.org
Signature 1/z J '
4. Name Tru Nguyen Title Senior Accountant II
Phone/Fax/Email 214-509-4640 Fax 214-509-4672 tnguyen@cityofallen.org
4-1/t—
Signature
5. Name Julie Brown Title Senior Accountant
Phone/Fax/Email 214-509-4629 Fax 214-509-4672 jbrown@cityofallen.org
Signature \
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.
6. Name Karlie Olson Title Accountant
Phone/Fax/Email 214-509-4641 Fax 214-509-4672 kolson@cityofallen.org
Signature #�
Primary Contact: List the name of the Authorized Representative listed above that will be designated as the
Primary Contact and will receive all TexSTAR correspondence including transaction confirmations and monthly
statements.
Name: Eric Cannon,Chief Financial Officer Phone Number 214-509-4628
E-mail: ecannon@cityofallen.org Fax Number 214-509-4672
SECTION 2. This document supersedes and replaces the City of Allen's previous designation of officers,
officials or employees of the City of Allen as Authorized Representatives under the Agreement.
SECTION 3. This Resolution will continue in full force and effect until amended or revoked by the City of
Allen and written notice of the amendment or revocation is delivered to the TexSTAR Board.
SECTION 4. Terms used in this Resolution have the meanings given to them by the Application.
DULY PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF ALLEN, COLLIN
COUNTY,TEXAS,ON THIS THE 11TH DAY OF SEPTEMBER 2018.
APPROVED:
411
• •
Steph. Terrell,MAYOR
ATTEST:
She I•Y B.G• ; :e, ' C�ECRETARY
Resolution No.3605-9-18(R),Page 2