R-3320-8-15RESOLUTION NO. 3320-8-15(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
(mown 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 an 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.
2.
3. Name Dana Thornhill Title
Signature
4. Name Tru Nguyen Title Senior Accountant D
Phone/Fax/Email 214-509-4640 Fax 214-509-4672 mguyen@cityofallen.ore
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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 confumations and monthly
statements.
Name: Eric Cannon Chief Financial Officer Phone Number 214-509-4628
E-mail: ecannon@cityofallen.ore 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 10 DAY OF AUGUST 2015.
APPROVED:
Stephen Terrell, MAYOR
ATTEST:
Shiley B. George, C, CITY S CRETARY
Resolution No. 3320-8-15(R), Page 2