RES 1158 11/12/1996 .y
RESOLUTION I ='
AMENDING AUTHORIZED REPRESENTATIVES
WHEREAS, CITY OF CIBOLO '
("ParticilZet,,)is a local government of the State of Tcxu and is empowered to delegate to a public
finds mveifimt pool the authority to invest funds and to act as custodian of investments purchased
with local investment funds; and
WHEREAS, the Texas Local Government Investment Pool ("TexPool"), a public funds
investment pool, was created on behalf of entities whose investment objectives in order of priority
are preservation and safety of principal, liquidity, and yield consistent with the Public Funds
Investment Act; and
WHEREAS, the Participant has entered into a Participation Agreement and has established an
account in its name in TaPool,for the pgrpose of transmitting local funds for investment in TexPool;
and
WEdERE.AS$the participant hereby requests changes regarding the individuals authorized to act
on behalf of the Participant.
NOW THEREFORE, be it resolved as follows:
A. That the individuals,whose signatures appear on page Z of this Resolution, are authorized
representatives of the Participant and arc each hereby authorized to transmit funds for investment
in TexPool and are each thither 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.
I.Jst oi'the authorized reprsrantatives o(the Partidpant. These individuals wilt be issued P.I.N.numbers.
All ounfiatuadiwu and monthly statements wM be mailed to the attention of the tint person listed(No. 1).
I. Name Phyl 1 i c Smith Title Ci_j-V Trr-acnirar.
Signature
L
2. Name Rudy R. Farias Title City Administrator/City Secretary
Signature ��----1
3. Name Sam Bauder Title Mayor
Signature
B. That this resolution and its authorization supercede all prior resolutions and shall continue
in full farce and effect until amended or revoked by the Participant, and until TexPool receives
a copy of any such amendment or revocation. N
This resolution is hereby introduced and adopted by the Participant at its regular/special meeting held
on the 12- day 1\1 Q\j&V"\oe,r —3119 M
NAME OF PARTICIPANT CITY OF CIBOLO
By;
Signature
SAM BAUDER
Printed Name
A QR
Title
ATTEST �-r--�
Signature
Rudy R. Farias
Printed Name
ri ty Admi n i ctratar./ i f-�
Title
OFFICIAL SEAL