HomeMy WebLinkAboutRES 051325-5.D - Authorization of City bank representativesRESOLUTION NO. 0,5 I . -5a -D
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: WELLS
FARGO BANK, TEXPOOL PARTICIPANT SERVICES, TEXSTAR,
TEXAS RANGE, ALLIANCE BANK, AMERICAN NATIONAL BANK AND
TRUST, BANK OZK, BANK OF OKLAHOMA, EAST WEST BANK,
CORNERSTONE CAPITAL BANK, INDEPENDENT FINANCIAL,
NEXBANK, RBANK TEXAS, SOUTHSIDE BANK, TEXAS CAPITAL
BANK, THIRD COAST BANK, & VERITEX 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 Wells Fargo Bank, TexPool Participants
Services, TexSTAR, TexasRange, Alliance Bank, American National Bank and Trust, Bank OZK,
Bank of Oklahoma, Cornerstone Capital Bank, East West Bank, Independent Financial, Nexbank,
RBank Texas, Southside Bank, Texas Capital Bank, Third Coast Bank, & Veritex 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 TWO. 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: Title:
Leigh Wallace
Nathan Parras
Sarah Moody
Karrie Pursley
Christi Rawls
Sabrina Poldrack
Resolution Number: 051:&Z-5-5 .Z
Description: Banking Authorization Resolution
Date Approved: May 13, 2025
Chief Financial Officer
Assistant Chief Financial Officer
Assistant Chief Financial Officer
Treasurer
Controller
Assistant Treasurer
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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 TexPool will be
updated 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 13'h day of May, 2025.
ATTEST:
CIT1
By:
Robyn ensmore
City Secretary
APPROVED AS TO FORM:
8kyeNasson
City Attorney
Resolution Number:
Description: Banking Authorization Resolution
Date Approved: May 13, 2025
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