RES. 2020-04 TexPool TOWN OF TROPHY CLUB, TEXAS
RESOLUTION NO. 2020-04
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 TEXPOOL 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 Counc' of the Town of Trophy
Club, Texas, on this 14th day of April 2020.
ip Shoffner,&W PjfTem
Town of Trophy Club, Texas
ATTEST: tPV AS O FORM:
cia Vacek, Town Secretary av odd III, wn Attorney
ow f�Trophy Club,Texas �flUVN n of Trophy Club,Texas
*
RES 2020-04 Page 2 of 3
EXHIBIT-A
TexPool Resolution Amending Authorized Representatives Form
RES2020-04 Page 3 of 3
Resolution Amending
Authorized Representatives
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 (7 + 7 1 3 1 6 1 8
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 TexPooi/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. Isteven Norwood I (Town Manager
Name Title
6 812C�2 ( 3i7219101 11 161812n213172 9 9 6 snorwood trophyclub.orgf
Ph Fax Email
Signature
2. Wade Carroll _. I (Assistant Town Manager
Name Title
L 6+ 8 2(�2 3 71 2 91814 6 8 2112 3] 7 P,2191916 wcarroll@trop dub.oa !
Phone Fax Email
Signature
a. (Mike Erwin Finance Manager
Name Title
6 8 2r 21317,112191 11 2] J 6181212131 7 2191916 ImerwinMMro h car Iub.o_rST__`_
(Phone Fax Email
Signature
Form Continues on Next Page 1 of 2
1.Resolution(continued)
4. 1Leticia Vacek ( LTown Secretary
Name Tide
6 18 1212 13 1 7f2j9 0131 16 18 1 2 1 2 1 3 7 2 j 91 9L6] livacek@trophyclub.org
Pho _ Fax Emaii
Sig a
List the name of the Authorized Re sentative listed above that will have primary responsibility for performing transactions and receiving confirmations
and monthly statements under the Participation Agreement.
(Mike Erwin
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 Duvall 1 1 lChief Financial Analyst
Name Tide
{6 18 12 12 13 17 1 2191 114 I 16 18 12 12 13 1 7 1 2 19 19 16 (aduvallptrophyclub.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 wch amendment or revocation.This Resolution is hereb Introduced and adopted by the Participant
at its regular/special meeting held on the�J day of I April I, 2 0 2 0 -
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 00%phy Club
Name Partici nl'
S! ED ATTEST
ure' &W Sign lure 44 —(C. Nick Sander _ I iLetic►a ace
Printed Name' Printed Name'
(Town Mayor ( ITown Secretary I
Tide' Tide•
2.Mailing Instructions
The completed Resolution Amending Authorized Representatives can be faxed to TexPool Participant Services at 1-866-839-3291,and marled to:
TexPool Participant Services
1001 Texas Avenue,Suite 1150
Houston,TX 77002
ORIGINAL SIGNATURE AND DOCUMENT REQUIRED TEX-REP 2 OF 2
TexPool Participant Services Managed anti Federated
1001 Texas Avenue,Suite 1150 - Houston,TX 77002 Serviced by o
Phone:1866-TEXPOOL(639.7665) - Fax:1866839-3291 • unvw.cexpool.com G45340-17(7/19) 2019®Federated Investors,Inc.
Resolution Amending
Authorized Representatives
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 4b Economic Dev Corp 1 1 7 18 1 9 1 3 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/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. (Steven Norwood ( TTown Manager
Name Title
6 8) 2]2L3J 7 JA 91 0 1 11 16 18 12}! 2 31 7 2 191 9 16 1 Jsnorwood@trophyq!yP.orq___J
on�e.,c ;Q���'�!/ ax Email
Signature
2. !Wade Carroll I JASsistant Town Manager
Name Title
6 8 121, 2 131 71 2 19 1 Ja 14 1 L6 18 1 21 2 13 J 7! 2_1_9L 9 Iwcarroll troy.h ryclub.org
Phone Fax Email
Signature
3. LMjke Erwin —A _ � IFinance Manager
Name Title
618 12 2( 3 7 2 1 9 t_1 U 1 6 8 2 !?1 3 7 21 9 1 9 16J Lmerwin@troph
Phone Fax Email
�_—_�"��"``��_► Wit"-----------..—_.�__ __ __------------------_I
Signature
Form Continues on Next Page 1 of 2
1.Resolution(continued)
4. 1Leticia Vacek I [Town Secretary
Name Title
6 8 2 L2_1 3 1 7f219 0 3 [6[ 8 12 1,2 1317121919161 Ivacek trophyclub.org _ J
Pho Fax Email
List the name of the Authorized Rep sentative listed above that will have primary responsibility for performing transactions and receiving confirmations
and monthly statements under the Participation Agreement.
Mike Erwin ^�
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 Duvall i [Chief Financial Analyst
Name Title
'6 1 81 2121 31 71 21 91 11 4 j 16 18 1212 13 17121919161 laduvall@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 an�y�su�ch�amendment or revocation.This Resolution is hereby introduced and adopted by the Participant
at its regular/special meeting held on the r 1 t 4 1 day of I Apri 1 1.1 U 12 10 .
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.
lTownploftphy Club
Name Partici nt'
SI ED ATTEST `!
re' Sign ture
�C_Nick Sander [LetiCla ace
Printed Name' Printed Name*
Town Mayor [Town Secretary f
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 1150
Houston,TX 77002
ORIGINAL SIGNATURE AND DOCUMENT REQUIRED TEX-REP 2 OF 2
TexPool Participant Services Managed and Federated 1001 Texas Avenue,Suite 1150 • Houston,TX 77002 Serviced by o
Phone:1.866TEXPOOL(839-7665) • Fax:1.866-839.3291 • ww"%texpool.com G45340J7(7/19) 2019®Federated Im•estors,Inc.
Resolution Amending
Authorized Representatives
1
6
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 Develo ment ; 1 7 1 7 1 3 19( 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("TexPooV 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.
(Steven Norwood I (Town Manager
Name Title
61812 2 3 7 2 9 0 1 (6 8 2 2 3( 7 2 9 9 6 �snorwood@,trophyclub.org
P Fax Email
Signature
2. LWade Carroll _ y Assistant Town
Name Title —
16 1812-2 1 31 7 i! 219L8 4 L6 18 L�J 2J 317 F 21 9191 6' lwcarroll@tro�hyclub.org _.__ --1
Phone Fax Email
�W/
1 - __ ----- --- ---- - -J
Signature
3. LMike Erwin _T i _J Finance Manager
Name Title
1618 n 1 3 1 7?I. 21 91_11 2 16 1812 y 2 3 f 7 r 2I9 99_6 j Lmerwin@tro hyclub.or�__v__._v—I
Phone Fax Email
Signature
Form Continues on Next Page 1 of 2
1.Resolution(continued)
a 1Leticia Vacek I (Town Secretary
Name Tile
6 18 1212 13 1,7121910131 16{81 2121 3 17121919161 11vacek@trophyclub.cia
Pho _ Fax Email
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.
[Mike Erwin
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 Duvall I lChief Financial Analyst
Name Tile
16 18 1212 13 1712191 11 4j 1618( 2!213171219 19161 laduvall@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 arty such amendment or revocation.This Resolution is hereby introduced and adopted by the Participant
at its regular/special meeting held on the 1 4 1 day of I Agri 7 0 12 10 .
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.
ITrophy C onomic Deonment
Name of P c a
SIGNE ATT T
s e• St
C. Nick Sanders eticia cek
Printed Name* Printed Name'
(Town Mayor I (Town Secretary `j
Tile, Tile'
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 1150
Houston,TX 77002
ORIGINAL SIGNATURE AND DOCUMENT REQUIRED TEX-REP 2 OF 2
TexPool Participant Services Managed and Federated
1001 Texan Avenue,Suite 1150 • Houston,TX 77002 Serviced by
Phone:1.866-TEXPOOL(839.7665) • Fax:1.866.839.3291 • www.texpoot.com 045340.17(1/l9) 201901'ederated Investors,Inc.