RES 2017-01 TX local govn't investment pools TOWN OF TROPHY CLUB, TEXAS
RESOLUTION NO. 2017-01
A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF
TROPHY CLUB, TEXAS, APPROVING AND AUTHORIZING
AMENDMENTS TO FINANCIAL INSTITUTION DOCUMENTS NAMING
AUTHORIZED TOWN REPRESENTATIVES ON TEXAS LOCAL
GOVERNMENT INVESTMENT POOLS SIGNATURE ACCOUNTS;
APPOINTING AUTHORIZED REPRESENTATIVES, AND
DESIGNATING INVESTMENT OFFICERS.
WHEREAS, the Interlocal Cooperation Act, Chapter 791 of the Texas
Government Code, as amended (the "Interlocal Act"), permits any "local government" to
contract with one or more other "local governments" to perform "governmental functions
and services," including investment of public funds (as such phrases are defined in the
Interlocal Act); and
WHEREAS, the Interlocal Act authorizes the contracting parties to any interlocal
agreement to contract with agencies of the State of Texas, within the meaning of
Chapter 771 of the Government Code; and
WHEREAS, the Public Funds Investment Act, Chapter 2256 of the Texas
Government Code, as amended (the "PFIA"), authorizes the entities described in
Subsection (a) of the PFIA to invest their funds in an eligible public funds investment
pool; and
WHEREAS, it is in the best interests of this governmental unit ("Applicant") to
invest its funds jointly in the Texas Local Government Investment Pools (TexPool) in
order better to preserve and safeguard the principal and liquidity of such funds and to
earn an acceptable yield; and
WHEREAS, Applicant is authorized to invest its public funds and funds under its
control in TexPool and to enter into the participation agreement authorized herein; and
WHEREAS, the Government Entity is a Government Entity as defined in the
Agreement.
NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE
TOWN OF TROPHY CLUB, TEXAS:
Section 1. The form of application for participation in TexPool attached to this
resolution is approved. The officers of Applicant specified in the application are
authorized to execute and submit the application, 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 Applicant under the Agreement created by the application, all in the name
and on behalf of Applicant.
Section 2. This resolution will continue in full force and effect until amended or
revoked by Applicant and written notice of the amendment or revocation is delivered to
the TexPool Board.
Section 3. Terms used in this resolution have the meanings given to them by
the application.
PASSED AND APPROVED by the Town Council of the Town of Trophy Club,
Texas, on this 20th day of February 2017.
0
C. Nick Sanders, ayor
Town of Trophy Club, Texas
ATTEST: ,--(;F- Ti'----�OA A" "Rif D S • ORM:
l✓rrw�y ' `�" r :/4
Holly Fi res, Town Secretary to 4 Davi. Dodd, Town Attorney
Town of Trophy Club, Texas , * own of Trophy Club, Texas
y
RES 2017-01 Page 2 of 3
EXHIBIT A
TexPool Resolution Amending Authorized Representatives Forms
RES 2017-01 Page 3 of 3
T' Resolution Amending
Authorized Representatives
TExP00L
AN INVESTMENT SERVICE FOR PUBLIC FUNDS
Please use this form to amend or designate Authorized Representatives.
This document supersedes all prior Authorized Representative forms.
*Required Fields
1.Resolution
WHEREAS,
Town of Trophy Club 1 17 17 13 16 1 81
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 two 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 Representative(s)of the Participant.Any new individuals will be issued personal identification numbers to transact business with
TexPool Participant Services.
Amber Karkauskas
1.
Name
Controller
Title
682-831-4616/817-490-0705/akarkauskas@trophyclub.org
Phone/F. Email
Signature
2 (Thomas Class
Name
[Town Manager
Title
1682-831-4606/817-490-0705/tclass@trophyclub.org
Phone/Fax/Email
Signature
FORM CONTINUES ON NEXT PAGE 1 OF 2
1.Resolution(continued)
3.I
Name
I I
Title
I
Phone/Fax/Email
I I
Signature
4.1 I
Name
I
Title
I I
Phone/Fax/Email
I I
Signature
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.
'Amber Karkauskas
Name
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.
'April Ezell '
Name
'Chief Financial Analyst
Title
'682-831-4617/817-490-0705/aduvall@trophyclub.org '
Phone/Fax/Email
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 7C ^day Pei()r ,2011.
Note: Document is to be signed by your Board President,Mayor or County udge and attested by your Board Secretary,City Secretary or
County Clerk.
Clown of Trophy Club I
Name of Participant'
SIGNEATTEST Y`�� y
1 I I A-
Signature' Signature'
'Nick Sanders ' 'l-lolly Fimbres I
Printed Name' Printed Name'
'Mayor I 'Town Secretary I
Title* Title`
2.Mailing Instructions
The completed Resolution Amending Authorized Representatives can be faxed to TexPool Participant Services at 1-866-839-3291,and mailed to:
TexPool Participant Services
1001 Texas Avenue,Suite 1400
Houston,TX 77002
ORIGINAL SIGNATURE AND DOCUMENT REQUIRED TEX-REP 2 OF 2
TcxPool Participant Services Managed and F'ederated�
1001 Texas Avenue,Suite 1400 • Houston,TX 77002 Serviced by
Phone:1.866-TEXPOOL(839-7665) • Fax:1-866-839-3291 • www.texpool.com 645340.17(12/151
1.Resolution(continued)
3.I
Name
I I
Title
I I
Phone/Fax/Email
Signature
4.1 I
Name
I I
Title
I I
Phone/Fax/Email
I I
Signature
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.
(Amber Karkauskas I
Name
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.
(John Zagurski I
Name
(Strategic Services Coordinator
Title
p82-831-4609/817-490-0705/jzagurski@trophyclub.org I
Phone/Fax/Email
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 Z(1F4N day F.tjarian ,20 n.
Note:Document is to be signed by your Board President,Mayor or County Judge and attested by your Board Secretary,City Secretary or
County Clerk.
(Town of Trophy Club I
Name of Participant*
SIGNED�AgeATTES
Signature' Signature'
'Nick Sanders ( -lolly Fimbres
Printed Name* Printed Name*
'Mayor I (Town Secretary
Title* Title*
2.Mailing Instructions
The completed Resolution Amending Authorized Representatives can be faxed to TexPool Participant Services at 1-866-839-3291,and mailed to:
TexPool Participant Services
1001 Texas Avenue,Suite 1400
Houston,TX 77002
ORIGINAL SIGNATURE AND DOCUMENT REQUIRED TEX-REP 2 OF 2
TexPool Participant Services Managed
and
byFederated
1001 Texas Avenue,Suite 1400 • Houston,TX 77002
Phone:1.866-TEXPOOL(839.7665) • Fax:1-866-839-3291 • www.texpooLcom 645340-17(12/15)
Num
Resolutionon AmendiIffia
Authorized Representatives
TExPOOL
AN INVESTMENT SERVICE FOR PUBLIC FUNDS
Please use this form to amend or designate Authorized Representatives.
This document supersedes all prior Authorized Representative forms.
*Required Fields
1.Resolution
WHEREAS,
Trophy Club Economic Development + 17 17 13 19 1 1
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 two 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 Representative(s)of the Participant.Any new individuals will be issued personal identification numbers to transact business with
TexPool Participant Services.
1 (Amber Karkauskas
Name
Controller
Title
682-831-4616/817-490-0705/akarkauskas@trophyclub.org
Phone/Fa Email �j A '
vLia
Signature
2.I Thomas Class
Name
ITown Manager I
Title
1682-831-4606/817-490-0705/tclass@trophyclub.org
Phone/Fax/Email
Signature
FORM CONTINUES ON NEXT PAGE 1 OF 2
1.Resolution(continued)
31 I
Name •
I I
Title
I I
Phone/Fax/Email
1
Signature
4.I
Name
I I
Title
I I
Phone/Fax/Email
I I
Signature
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.
!Amber Karkauskas I
Name
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.
!April Ezell I
Name
IChief Financial Analyst I
Title
1682-831-4617/817-490-0705/aduvall@trophyclub.org I
Phone/Fax/Email
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 J(it4"%day FejOylo., ,20 11.
Note:Document is to be signed by your Board President,Mayor or Coun y Judge and attested by your Board Secretary,City Secretary or
County Clerk.
'Trophy Club Economic Development I
Name of Participant*
SIGNED ATTEST
45-"
I C/''..--' I I A---jAht J110, I
Signature* Signature'
'Nick Sanders I dolly Fimbres I
Printed Name* Printed Name"
'Mayor I 'Town Secretary I
Title* Title`
2.Mailing Instructions
The completed Resolution Amending Authorized Representatives can be faxed to TexPool Participant Services at 1-866-839-3291,and mailed to:
TexPool Participant Services
1001 Texas Avenue,Suite 1400
Houston,TX 77002
ORIGINAL SIGNATURE AND DOCUMENT REQUIRED TEX-REP 2 OF 2
TexPool Participant Services Managed and Federated
1001 Texas Avenue,Suite 1400 • Houston,TX 77002 Serviced by 0
Phone:l-866-TEXPOOL(839.7665) • Fax:1-866-839-3291 • www.texpool.com G45340-17(12/15)
1.Resolution(continued)
3.1
Name
1 I
Title
( 1
Phone/Fax/Email
1 i
Signature
4.1
Name
I (
Title
1 I
Phone/Fax/Email
I 1
Signature
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.
'Amber Karkauskas
Name
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.
pohn Zagurski
Name
'Strategic Services Coordinator
Title
p82-831-4609/817-490-0705/jzagurski@trophyclub.org
Phone/Fax/Email
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 10‘ii day Peier ,20\7.
Note: Document is to be signed by your Board President,Mayor or County Judge and attested by your Board Secretary,City Secretary or
County Clerk.
'Trophy Club Economic Development
Name of Participant*
SIGNED 5 ATTEST
Signature* Signature'
'Nick Sanders ' (-lolly Fimbres
Printed Name* Printed Name`
IMayor I 'Town Secretary
Title* Title*
2.Mailing Instructions
The completed Resolution Amending Authorized Representatives can be faxed to TexPool Participant Services at 1-866-839-3291,and mailed to:
TexPool Participant Services
1001 Texas Avenue,Suite 1400
Houston,TX 77002
ORIGINAL SIGNATURE AND DOCUMENT REQUIRED TEX-REP 2 OF 2
TexPool Participant Services Managed
and
Federated
1001 Texas Avenue,Suite 1400 • Houston,TX 77002 Servicedy
Phone:1.866-TEXPOOL(839-7665) • Fax:1-866-839-3291 • www.texpool.com 645340-17(12/15)
Resolution Amending
Authorized Representatives
TExPooL
AN INVESTMENT SERVICE FOR PUBLIC FUNDS
Please use this form to amend or designate Authorized Representatives.
This document supersedes all prior Authorized Representative forms.
*Required Fields
1.Resolution
WHEREAS,
Trophy Club 4a Economic Dev Corp 1 17 18 19 13 1 5]
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 two remaining Authorized
Representatives provided that the deleted Authorized Representative(1)is assigned job duties that no longer require access to the Participant's
TexPool I 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 Representative(s)of the Participant.Any new individuals will be issued personal identification numbers to transact business with
TexPool Participant Services.
'Amber Karkauskas 1
1.
Name
Controller 1
Title
682-831-4616/817-490-0705/akarkauskas@trophyclub.org 1
Phone/Fa Email
ao I
Signature
2 I Thomas Class
Name
ITown Manager
Title
1682-831-4606/817-490-0705/tclass@trophyclub.org
Phone/Fax/Email
CQ 562- tom ''YY1 .
Signature
FORM CONTINUES ON NEXT PAGE 1 OF 2
1.Resolution(continued)
3.1 I
Name
I I
Title
1 1
Phone/Fax/Email
1 1
Signature
4.1 I
Name
I I
Title
I I
Phone/Fax/Email
1 1
Signature
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.
'Amber Karkauskas 1
Name
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.
(April Ezell 1
Name
'Chief Financial Analyst (
Title
p82-831-4617/817-490-0705/aduvall@trophyclub.org 1
Phone/Fax/Email
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
�;e�
at its regular/special meeting held on the Z( 'day e ,20\1.
Note: Document is to be signed by your Board President,Mayor or County Judge and attested by your Board Secretary,City Secretary or
County Clerk.
[Trophy Club 4a Economic Dev Corp I
Name of Participant*
SIGNED ATTEST
� ,�n
I [-- I I ` I \�V, —� I
Signature* Signature'
'Nick Sanders 1 dolly Fimbres 1
Printed Name" Printed Name*
IMayor 1 'Town Secretary 1
Title* Title*
2.Mailing Instructions
The completed Resolution Amending Authorized Representatives can be faxed to TexPool Participant Services at 1-866-839-3291,and mailed to:
TexPool Participant Services
1001 Texas Avenue,Suite 1400
Houston,TX 77002
ORIGINAL SIGNATURE AND DOCUMENT REQUIRED TEX-REP 2 OF 2
TexPool Participant Services Managedana byd
Federated®
Texas Avenue,Suite 1400 • Houston,TX 77002
Phone:1.866-TEXPOOL(839.7665) • Fax:1-866-839-3291 • www.texpool.com G45340-17(12/15)
1.Resolution(continued)
3.1 I
Name
Title
I I
Phone/Fax/Email
Signature
4.1
Name
1 (
Title
Phone/Fax/Email
I I
Signature
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.
'Amber Karkauskas
Name
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.
pohn Zagurski
Name
'Strategic Services Coordinator
Title
p82-831-4609/817-490-0705/jzagurski@trophyclub.org I
Phone/Fax/Email
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 2 day ,20n.
Note: Document is to be signed by your Board President,Mayor or County Judge and attested by your Board Secretary,City Secretary or
County Clerk.
[Trophy Club 4a Economic Dev Corp I
Name of Participant*
SIGNED! ATTEST
3
I 6-
Signature' Signature`
'Nick Sanders ( (Holly Fimbres
Printed Name* Printed Name*
(Mayor I 'Town Secretary
Title* Title*
2.Mailing Instructions
The completed Resolution Amending Authorized Representatives can be faxed to TexPool Participant Services at 1-866-839-3291,and mailed to:
TexPool Participant Services
1001 Texas Avenue,Suite 1400
Houston,TX 77002
ORIGINAL SIGNATURE AND DOCUMENT REQUIRED TEX-REP 2 OF 2
TexPool Participant Services Managed and Federated
1001 Texas Avenue,Suite 1400 • Houston,TX 77002 Serviced by
Phone:1-866-TEXPOOL(839.7665) • Fax:1-866-839-3291 • www.texpool.com G45340-17(12/15)