15-24 - RTOWN OF PROSPER, TEXAS
RESOLUTION NO. 15-24
A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF PROSPER,
TEXAS, AUTHORIZING THE TOWN MANAGER TO BE THE SIGNATORY ON
SPECIFIC TOWN INVESTMENT ACCOUNTS BY AMENDING RESOLUTION
NO. 13-65, IN PART, ADOPTED ON OR ABOUT DECEMBER 10, 2013; AND
PROVIDING AN EFFECTIVE DATE.
WHEREAS, periodically the Town of Prosper, Texas ("Town"), updates the list of
specific individuals authorized to perform certain financial transactions on the Town's behalf;
and
WHEREAS, on or about December 10, 2013, the Town adopted Resolution No. 13-65,
which authorized various individuals as signatories on specific accounts and certain investment
matters; and
WHEREAS, it is the intent of the Town Council of the Town to authorize the following
individual referenced herein to be the signatory and take all appropriate and necessary actions
relative to the Town accounts referenced herein.
NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF
PROSPER, TEXAS, THAT:
SECTION 1
Section 3 of Resolution No. 13-65 is hereby amended to reflect that the Town -approved
signatory authorized to make financial transactions for the TexPool local government investment
pool and TexSTAR local government pool is the Town Manager, Harlan Jefferson.
SECTION 2
Resolution No. 13-65, approved on or about December 10, 2013, by the Town Council of
the Town of Prosper, Texas, is hereby amended to the extent referenced in Section 1 of this
Resolution.
SECTION 3
This Resolution shall be effective from and after its passage by the Town Council.
DULY PASSED AND APPROVED BY THE TOWN COUNCIL OF THE TOWN OF
PROSPER, TEXAS, ON THIS 12TH DAY OF MAY, 2015. ;
Ray Smith, Mayo
A
Ro yn Ba , own Secretary,w.
APPROVED AS TO FORM AND LEGALITY:
Terrence S. We'Ich, Town Attorney
Resolution No. 15-24, Page 2
5. Name:
Phone/Fax/Email:
Signature:
Title:
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: Harlan Jefferson
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 Liz McDonald Title Accountant
Phone/Fax/Email: 972-569-1008/972-346-9335/liz_mcdonald@prospertx.gov
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 May „ 20 15
Document is to be signed by your Board President, Mayor or County Judge and
attested by your Board Secretary, City Secretary or County Clerk.
NAME OF PARTICIPANT: Town of Prose c., 7294
SIGNED•
Signature
Ray Smith
Printed Name
Mayor
Title
ATTEST:
Signature
Robyn Battle
Printed Name
Town Secretary
Title
ORIGINAL SIGNATURE AND DOCUMENT REQUIRED TEX - ENROLL
Resolution
Authorizing Participation in the TexPool Investment Pools
And Designating Authorized Representatives
WHEREAS, Town of Prosper 77294
("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.
Name: Harlan Jefferson Title: Town Manager
......................
1010197 ..... 0 9 a,rl°..
__...... _.......
_....„��:._..... an....ieffersonprospertx.gor
3
Pone Signature:
9721 � „ ......_... _..................................................................................................................................................................
2. Name: Title:
Phone/Fax/Email:
Signature:
3. Name: Title:
Phone/Fax/Email:
Signature:
4. Name: Title:
-
-.rrrrrrrrrrrrrr............ .......
...........................
Email:
Signature:
ORIGINAL SIGNATURE AND DOCUMENT REQUIRED TEX - ENROLL
ADDITION/DELETION FORM
1 Trish Featherston 3
Z Inquiry:
Harlan Jefferson harlanjefferson@prospertx.gov
1. Name: r ;rte' Email:
972-569-1010 Town Manager
Signature: rdr Phone: Title:
2. Name: rY Email:
Signature: Phone: Title:
3. Name: Email:
Signature: Phone: Title:
1. Name:
Trish Featherston
Official Seal of Participant
Signature: `"' *(REQUIRED)*
Title:
Accounting Mana'ier
2. Name:
Signature:
Title:
3. Name:
Signature:
Title:
4. Name: *REQUIRED*
Attested By:
Signature: Printed Name:
Title: Title:
Document with ofiairrarl sionatures is required.
Mail originals to TexSTAR Participant Services * 325 North St. Paul Street, Suite 800 * Dallas, Texas 75201
ADDITION/DELETION FORM
FOR AUTHORIZED REPRESENTATIVES TexSTAR
PART IV: PRIMARY CONTACT [required] - If the Primary Contact on file with TexSTAR was deleted in Part I of
this form, please provide the name of the Authorized Representative that will be the Primary Contact. The
Primary Contact is the individual who will receive the daily transaction confirmations, monthly statements, monthly
newsletter, TexSTAR updates and other program mailings.
Name:
Harlan Jefferson
Email Address: harlanJefferson@prospertx.gov
Phone Number: 972-569-1010
PART V: INQUIRY ONLY [optional] - If an Inquiry Only Representative was deleted in Part I and you wish to
replace this representative or add an inquiry only representative to your TexSTAR account for the first time,
please list this individual below. This limited representative cannot make deposits or withdrawals or sign Bank
Information Sheets.
Name: Liz McDonald
Title;
Accountant
Signature: ., . ' ., Phone:
972-569-1008
Email:
liz—Mcdonald@prospertx.gov
If you have any questions regarding this form or the Authorized Representatives currently on file with
TexSTAR for your entity, please contact TexSTAR Participant Services at 1-800-839-7827.
Document with original sla natures Is required.
Forms with alterations (i.e. white out, mark out, etc.) will NOT be accepted
Mail originals to TexSTAR Participant Services * 325 North St. Paul Street, Suite 800 * Dallas, Texas 75201
Page 2