12-03 - R f�-03
TEXPOOL
M investment Service for Public Funds
Resolution
Authorizing Participation in the TexPool Investment Pools
And Designating Authorized Representatives
WHEREAS, Town of Prosper, Texas
("Participant")is a local government or state agency of the State of Texas and is empowered to delegate to the public funds
investment pools 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 Pools("TexPool/TexPool Prime"),public funds investment
pools,were 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.
NOW THEREFORE,be it resolved as follows:
A. That Participant shall enter into a Participation Agreement to establish an account in it's name in
TexPool/TexPool Prime,for the purpose of transmitting local funds for investment in TexPool/TexPool Prime.
B. 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 time to time,to issue letters of instruction,and to take all other actions
deemed necessary or appropriate for the investment of local funds.
List of the authorized representatives of the Participant. These individuals will be issued P.I.N.numbers
to transact business via the phone with a Participant Service Representative.
1. Name: Ron Butler Title: Comptroller
Phone/Fax/Email: (P) 972-346 §40 (F)972-346-9335 Email: ron_butler @prospertx.gov
Signature: _
2. Name: Matthew Garrett Title: Finance Director
Phone/Fax/Email: (P)972- 6-2640 F 2-346,,9335 Email: matthew Barrett@prospertx.gov
Signature:
3. Name: Mike Land Title: Town Manager
Phone/Fax/Email: (P)972-346-2640 (F) 972-346-9335 Email: mike_land @prospertx.gov
Signature:
4. Name: Amu Piukana Title: Town Secretary
Phone/Fax/Email: (P)97,?-346-2640 (F)97A-346-9335 Emait_amy_piukana @prospertx.gov
Signature:
ORIGINALS REQUIRED TEX-ENROLL
5. Name: Title:
Phone/Fax/Email:
Signature:
List the name of the Authorized Representative provided above that will have primary responsibility for performing
transactions and receiving confirmations and monthly statements under the Participation Agreement.
Name:
In addition and at the option of the Participant,one additional authorized representative can be designated to perform
inquiry only of selected information.This limited representative cannot make deposits or withdrawals. If the
Participant desires to designate a representative with inquiry rights only,complete the following information.
6.Name Title
Phone/Fax/Email:
C. That this resolution and its authorization shall continue in full force and effect until amended or revoked by the
Participant,and until TexPool/TexPool Prime 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 of January 24 20 12
NAME OF
PARTICIPANT Town of Prosper
BY:
Signature
Ray Smith
Printed Name
Mayor -Town of Prosper
Title
ATTEST:
Signature
Printed Name
Title
OFFICIAL SEAL
ORIGINALS REQUIRED TEX-ENROLL