RES 1132 03/22/1994 M InmWe nt SN.WWOfor PROkc Fa,6 x
RESOLUTION No. 1132
WBFI;UEAS, City of Cibolo
(the "Participant")_is a political subdivision of the State of Texas and is empowered to
delegate to a public funds investment pool the authority to invest funds,to act as a custodian
of investments purchased with local investment funds; and
WHEREAS,it is in the best interest of the Participant and its inhabitants to invest local
funds in investments that yield the highest possible rate of return,while providing necessary
safekeeping and protection of the principal; and
WHEREAS, the Treasurer of the State of Texas, acting by and through the Texas
Treasury Safekeeping Trust Company (the "Trust Company"), has created "TexPool", a
public funds investment pool,to effectuate the goals of providing investments at the highest
possible yield and maintaining complete safety of the funds of the Participant,
NOW THEREFORE, be it resolved as follows:
A. That City of Cibolo
shall enter into a Participation Agreement to establish an account
in its name with the Trust Company's Local Government Invest-
ment Pool, "TexPool",for the purpose of transmitting local funds
for investment by the Trust Company in TexPool.
B. That the following individuals, whose signatures appear on page
2 of this Resolution, are officers, employees, or authorized
representatives of the Participant and are each hereby authorized
to transmit funds to the Trust Company for investment in TexPool
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:
(over)
Page 2
1. Name Phyllis A. Smith Title City Treasurer
Signature
2. Name Charles Balcar Title City Administrator/City Sectly
SignatureL=�
3. Name Title Ma yn r
Signature
C. That this resolution and its authorization shall continue in full
force and effect until amended or revoked by the Participant, and
until the Trust Company receives a copy of any such amendment
or revocation. The Trust Company is entitled to rely on this
resolution until such time.
This resolution is hereby introduced and adopted by the Participant at its regular/special
meeting held on the 22nc1 day of Ma r n h , 19 QA._.
Name of Participant City of Cibol o
By: 0/-L
Signature
Sam Bauder
Printed Name
Mayor
Title
ATTEST � Cw�
Signature
Charles Balcar
Printed Name
City Administrator/City Secretary
Title OFFICIAL SEAL