R-1382-11-95RESOLUTION NO. 1382-11-95(R)
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ALLEN, COLLIN
COUNTY, TEXAS, DESIGNATING A PRIMARY INVESTMENT OFFICER AND A
SECONDARY INVESTMENT OFFICER AND AUTHORIZING THESE INDIVIDUALS
TO INVEST, TRANSFER, WITHDRAW, DEPOSIT OR MANAGE FUNDS FOR THE
CITY OF ALLEN.
WHEREAS, the City of Allen has excess funds to invest; and,
WHEREAS, it is required by the Public Funds Investment Act, Article 342a-2 V.T.C.S. that an investing
entity shall designate one or more officers or employees as investment officer to be responsible for the
investment of its funds.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ALLEN,
COLLIN COUNTY, TEXAS, THAT:
The individual whose names appear below are designated as investment officers of the City of Allen and are
hereby authorized to invest, transfer, withdraw, deposit or manage in any other manner funds of the City of
Allen:
Charlotte Smith,
Finance Director Primary Investment Officer
Linda Vaughan,
Chief Accountant Secondary Investment Officer
DULY PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF ALLEN, COLLIN
COUNTY, TEXAS, ON THIS THE 2ND DAY OF NOVEMBER, 1995.
APPROVED:
Joe Farmer, MAYOR
ATTEST:
r1
J y Mor ' on, CMC, CITY SECRETARY