HomeMy WebLinkAboutRES 012213-I - Non-Depository BankingRESOLUTION NO. 01 ar21
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
GEORGETOWN, TEXAS TO AUTHORIZE REPRESENTATIVES TO
CONDUCT BUSINESS WITH J.P. MORGAN CHASE & CO., COMERICA
BANK, N.A., VIEWPOINT BANK, N.A., TEXPOOL PARTICIPANT
SERVICES, PROSPERITY BANK, RBANK TEXAS, SOUTHSIDE BANK AND
BBVA COMPASS BANK
WHEREAS, the City of Georgetown (the "Depositor") is a local government of the State of
Texas and is hereby empowered to conduct business with J.P. Morgan Chase & Co., Comerica
Bank, N.A., ViewPoint Bank, N.A., TexPool Participants Services, Prosperity Bank, RBank
Texas, Southside Bank and BBVA Compass Bank for non -primary bank depository services;
NOW THEREFORE BE IT RESOLVED THAT:
SECTION ONE. The facts and recitations contained in the preamble of this resolution are
hereby found and declared to be true and correct, and are incorporated by reference herein and
expressly made a part hereof, as if copied verbatim.
SECTION TWO. The individuals, whose names appear below, are Representatives of the
Depositor and are eachhereby authorized to open accounts, to issue letters of instruction, and
to take all other actions deemed necessary or appropriate for the purpose of conducting non -
primary bank depository services.
Authorized Representatives are listed below:
Name.
Title:
Micki
Rundell
Chief
Financial
Officer
Susan
Morgan
Finance
Director
Lisa
Controller
Haines
SECTION THREE. An Authorized Representative of the Depositor may be added or deleted
by a written instrument signed by at least 1 of the named Authorized Representatives.
Resolution Number 0 / c7 v? 13 "�I..
Description: Non -depository Banking Resolution
Date Approved: January 22, 2013.
Page 1 of 2
SECTION FOUR. This Resolution and its authorization shall continue in full force and
effect until amended or revoked by the Depositor, and until Comerica Bank, N.A. receives a
copy of any such amendment or revocation.
SECTION FIVE. The Mayor is hereby authorized to sign this Resolution and the City Secretary to
attest.
SECTION SIX. Exhibit A and B have been provided for ViewPoint Bank and TexPool to meet
those banks individual requirements.
SECTION SEVEN This Resolution shall become effective upon its adoption.
PASSED AND APPROVED on. the 22°h day of January, 2013.
AFIEST•
Si 1..t tr►
�-. .a Brettle, City Secretary
PROVED AS TO FORM:
Bridget Chapman
Acting City Attorne
CITY OF GEORGETOWN, TEXAS
By:<u,
George VGarver, Mayor
Resolution Number: CI a a 13 ' 1- Page 2 of 2
Description: Non -depository Banking Resolution
Date Approved: January 22, 2013
Municipality Name:
Account Number:
ViewPoint Bank Municipality Resolution
City of Georgetown
Current Date:
January 22, 2013
RESOLVED, that ViewPoint Bank, National Association (herein after known as the "Bank") located at P. 0. Box 869105 Plano, Texas
75086-9105, is designated as a depository of the municipality, and that account indicated above by and in the name of the municipality be
established and maintained at said Bank. This resolution supersedes original and ail previously executed resolutions in the name of this
municipality.
RESOLVED FURTHER, that any one or more of the following persons are authorized, on behalf of the municipality and as its own act, to
sign checks, drafts, notes, bills of exchange, acceptances, or other orders for the payment of money, and to endorse any checks, drafts,
notes, bills, other instruments owned, held or endorsed to the municipality, or to do any other acts convenient or necessary to the opening,
maintenance, and closing of such accounts and the deposit or withdrawal of funds there from:
Micki Runde!!
(Printed Name)
Susan Morgan
(Printed Name)
Lisa Haines
(Printed Name)
(Printed Name)
(Printed Name)
(Printed Name)
(Signature) (Facsimile/Stamped Signature)
(Signature) (Facsimile/Stamped Signature)
(Signature) (Facsimile/Stamped Signature)
(Signature) (Facsimile/Stamped Signature)
(Signature) (Facsimile/Stamped Signature)
(Signature) (Facsimile/Stamped Signature)
RESOLVED FURTHER, that said Bank is authorized to honor and pay any and all checks and drafts of this municipality signed as provided
in these resolutions, whether or not payable to the person or persons signing them; and that checks, drafts, bills of exchange, and other
evidence of indebtedness may be endorsed for deposit to the account or accounts of this municipality by any of the foregoing named
officers or by any other employee or agent of this municipality, and may be endorsed for deposit or collection in writing or by stamp without
designation of the person making such endorsement.
RESOLVED FURTHER, that any of the persons above named be, and they hereby are authorized and empowered to make any and all
other contract, agreements, stipulations, and orders which they may deem advisable, from time to time, with said bank in respect to
transactions between this municipality and said Bank in regard to funds deposited in said Bank, monies borrowed from said bank or any
other business transactions by and between this municipality and saki Bank.
RESOLVED FURTHER, that the manager of the municipality is directed to certify to said bank the due adoption and existence of these
resolutions, the names and specimen signatures of the present managers of the municipality authorized to sign as aforesaid, and when any
changes are made in the persons holding such offices the fact of such change and the names and specimen signature of each new officer
(manager)
RESOLVED FURTHER, that the certification of a manager of this municipality as to the election or appointment of such authorized officers
named in these resolutions shall be binding on this municipality, and the authority conferred by these resolutions shall remain in force until
written notice of the revocation or modification thereof shall be delivered to an officer of said Bank.
I further certify that the officers of this Municipality have, and at the time of adoption of said resolution had, full power and lawful authority to
adopt the foregoing resolutions and to confer the powers therein granted to the persons named who have full power and lawful authority to
exercise the same.
Authorized Signature and Date
(Name — printed)
(Title)
VP_ Municipal _Resolution.doc 12-21-2011
An I Suwicc ror Public, dS
f
RESOLUTION AMENDING
AUTHORIZED REPRESF,NTATIVES
WHEREAS, City of Georgetown, 78397
(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 dine 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 providedthat 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 Micki Rundell Title: Chief Financial Officer
Phone/Fax/Email. (512) 930-3677 / (512) 930-3681 / micki.rundell@georgetown org
Signature:
2. Name: Susan Morgan Title: Finance Director
Phone/Fax/Email. (512) 930-8462 / (512) 930-3681 / susan.morgan@georgetown.org
Signature:
ORIGINAL SIGNATURE AND DOCUMENT REQUIRED
TexPool Participant Sen ices $ Federated Investors Inc
1001 Texas Ave., Suite 1400 ® Houston, TX 77002 ® wRw•.texpool.com 9 1-866-839-7665
TEX — REP
07/12
3. Name: Lisa Haines Title: Controller
Phone/Fax/Email: (512) 931-7702 / (512) 930-3681 / lisa.haines@georgetown.org
Signature:
4. Name* Title:
Phone/Fax/Email :
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.
Name Lisa Haines
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. Title:
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 day , 20 .
NAME OF PARTICIPANT:
BY:
ATTEST:
Signature
Paul Bradenburg
Printed Name
City Manager
Title
Signature
Jessica Brettle
Printed Name
City Secretary
Title
This document supersedes all prior Authorized Representative designations.
ORIGINAL SIGNATURE AND DOCUMENT REQUIRED
TexPool Participant Services o Federated Investors Inc
1001 Texas Ave., Suite 1400 • Houston, TX 77002 ® www.texnooi.com . 1-866-839-7665
TEX — REP
07/12