HomeMy WebLinkAboutRES 111318-D - Banking AuthorizationRESOLUTION NO.
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
GEORGETOWN, TEXAS TO AUTHORIZE REPRESENTATIVES TO
CONDUCT BUSINESS FOR NON -PRIMARY DEPOSITORY
INSTITUTION SERVICES INCLUDING, BUT NOT LIMITED TO: J.P.
MORGAN CHASE & CO., TEXPOOL PARTICIPANT SERVICES,
TEXSTAR, TEXASTERM/TEXAS DAILY, BANKTEXAS N.A., BBVA
COMPASS, BTH BANK, COMERICA BANK N.A., EAST WEST BANK,
GREEN BANK, INDEPENDENT BANK, LEGACY TEXAS BANK,
LUBBOCK NATIONAL BANK, NEXBANK, RBANK TEXAS, SOUTHSIDE
BANK, AND WALLIS STATE 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., TexPool
Participants Services, TexSTAR, TexasTERM/TexasDAILY, BankTexas N.A.; BBVA Compass,
BTH Bank, Comerica Bank N.A., East West Bank, Green Bank, Independent Bank, Legacy Texas
Bank, Lubbock National Bank, Nexbank, RBank Texas, Southside Bank, and Wallis State Bank
for non -primary bank depository services; and
WHEREAS, the City of Georgetown (the "Depositor") is also empowered to conduct business with
other banking institutions as required 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 TWQ. The individuals, whose names appear below, are Representatives of the
Depositor and are each hereby 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 at institutions necessary to conduct City business.
Authorized Representatives are listed below:
Name:
Leigh Wallace
Elaine Wilson
Karrie Pursley
Cresta Lyons
Christi Rawls
Resolution Number
Description: Banking Authorization Resolution
Date Approved: November 13, 2018
Title:
Finance Director
Controller
Treasurer
Accounting Specialist Supervisor
Assistant Controller
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SECTION THREE. An Authorized Representative of the Depositor may be added or deleted
by a written instrument signed by at least one of the named Authorized Representatives.
SECTION FOUR. Specific authorization forms previously approved by Council for Texstar and
TexPool are still in effect to meet those banks individual requirements.
SECTION FIVE. This Resolution and its authorization shall continue in full force and effect
until amended or revoked by the Depositor.
SECTION SIX. The Mayor is hereby authorized to sign this Resolution and the City Secretary to
attest.
SECTION SEVEN. This Resolution shall become effective upon its adoption.
PASSED AND APPROVED on the 13th day of November, 2018.
ATTEST: CITY OF GEORGETOWN, TEXAS
Shelley Nowli
City Secretary
APPROVED AS TO FORM:
Charlie McNabb
City Attorney
Resolution Number: 1 l I'5I U
Description: Banking Authorization Resolution
Date Approved: November 13, 2018
Dale Ross
Mayor
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