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RESO 2005-11 - Amend signatories for TexPool/TexPool Prime investmentsA.n t711*S41nr, iC 4er-eire Puhlir 4iuiciA, R "SOLUTION 7005 -11 RESOLUTION AMENDING AUTHORIZED REPRESENTATIVES WHEREAS City of Huntsville, Location #78345 (Participant Name & Location Number) ( "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, 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 Pool ( "TexPool/ Texpool Prime "), a public funds investment pool, were created on behalf of entities whose investment objective 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 as follows: A. 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 / TexPool Prime 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. B. 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 TexPool / TexPool Prime account or (2) is no longer employed by the Participant; and C. 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; List the Authorized Representatives of the Participant. Any new individuals will be issued personal identification numbers to transact business with TexPool Participant Services. 1. Name Winston Duke Title Finance Director Signature ( AAA4,6.- l .� -�^-�' Phone Number 936- 291 -5437 ORIGINALS REQUIRED TexPool Participant Services • Lehman Brothers 600 Travis St., Suite 7200 • Houston. TX 77002 • www.texpool.corn • 1 -866 -839 -7665 TEX — REP 3/04 2. Name Signature 3. Name Signature 4. Name Signature Steve Ritter 1< Rachel Honea none Title Financial Manager Phone Number 936- 291 -5486 Title Accountant I Phone Number 936- 291 -5440 Title N/A Phone Number N/A List the name of the Authorized Representative listed above that will have primary responsibility for performing transactions and receiving confirmations and monthly statements under the Participation Agreement. Name Email Steve Ritter sritterAhuntsvilletx.gov Fax Number 936- 291 -5489 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. 5. Name Kevin Evans Title City Manager D. That this Resolution and its authorization shall continue in full force and effect until amended or revoked by the Participant, and until TexPool Participant Services receives a copy of any such amendment or revocation. This-Resolution is hereby introduced and adopted by the Participant at its regular /special meeting held on the 1 `) day 0 NAME OF PARTICIPANT: City of BY: ATTEST: J Printed Name Haljcsr Title/ Signature LA) el Printed Name Title This document supersedes all prior Authorized Representative designations. ORIGINALS REQUIRED TexPool Participant Services • Lehman Brothers 600 Travis St., Suite 7200 • Houston, TX 77002 • www.texnool.com • 1- 866 - 839 -7665 TEX — REP 3/04