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16-65 - RTOWN OF PROSPER, TEXAS RESOLUTION NO. 16-65 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXAS, AUTHORIZING VARIOUS INDIVIDUALS AS SIGNATORIES ON SPECIFIC ACCOUNTS AND CERTAIN INVESTMENT MATTERS; REPEALING RESOLUTION NOS. 13-65, ADOPTED ON OR ABOUT DECEMBER 10, 2013, 15-24, ADOPTED ON OR ABOUT MAY 12, 2015, AND 15-37, ADOPTED ON OR ABOUT JUNE 23,2015; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, periodically the Town updates the list of specific individuals authorized to perform certain financial transactions on the Town's behalf; and WHEREAS, it is the intent of the Town Council of the Town of Prosper, Texas, to authorize the following individuals to be signatories and take all appropriate and necessary actions relative to the following Town accounts. NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXAS, THAT: SECTION 1 Town -approved signatories for current and possible future Independent Bank accounts and those of any other depository of the Town are hereby authorized to include the Town's Finance Director, the Town's Accounting Manager, and the Town Manager. Presently the incumbents for each position hereby authorized are Kelly Neal, Betty Pamplin, and Harlan Jefferson, respectively. SECTION 2 The Town -approved signatories authorized to perform wire and ACH transfers include the Town's Finance Director, Town Accounting Manager, and Town Manager. Presently the incumbents for each position hereby authorized are Kelly Neal, Betty Pamplin, and Harlan Jefferson, respectively. SECTION 3 The Town -approved signatories authorized to make financial transactions for the TexPool local government investment pool and TexSTAR local government pool include the Town's Finance Director, Town Accounting Manager, and Town Manager. Presently the incumbents for each position hereby authorized are Kelly Neal, Betty Pamplin, and Harlan Jefferson, respectively. SECTION 4 Resolution Nos. 13-65, 15-24, and 15-37, approved on or about December 10, 2013, May 12, 2015, and June 23, 2015, respectively, are hereby repealed in their entirety. SECTION 5 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, TEXAko -J DAY OF OCTOBER, 2016. iY►S �° '% � r � Ray Smith, May r AT °• Robyn Battljf, TiSnW►n APPROVED AS TO FORM AND LEGALITY: Terrence S. Wel h, Town Attorney Resolution No. 16-65, Page 2 TexSTAR AMENDING RESOLUTION WHEREAS. Town of Prosper, Texas (the "Government Entity") by authority of the Application for Participation in TexSTAR (the "Application") has entered into an Interlocal Agreement (the "Agreement") and has become a participant in the public funds investment pool created there under known as TexSTAR Short Term Assert Reserve Fund ("TexSTAR"); WHEREAS, the Application designated on one or more "Authorized Representatives" within the meaning of the Agreement; WHEREAS, the Government Entity now wishes to update and designate the following persons as the "Authorized Representatives" within the meaning of the Agreement; NOW, THEREFORE, BE IT RESOLVED: SECTION 1. The following officers, officials or employees of the Government Entity specified in this document are hereby designated as "Authorized Representatives" within the meaning of the Agreement, with full power and authority to open accounts, to deposit and withdraw funds, to agree to the terms for use of the website for online transactions, to designate other authorized representatives, and to take all other action required or permitted by Government Entity under the Agreement created by the application, all in the name and on behalf of the Government Entity. SECTION 2. This document supersedes and replaces the Government Entity's previous designation of officers, officials or employees of the Government Entity as Authorized Representatives under the Agreement SECTION 3. This resolution will continue in full force and effect until amended or revoked by Government Entity and written notice of the amendment or revocation is delivered to the TExSTAR Board. SECTION 4. Terms used in this resolution have the meanings given to them by the Application. Authorized Representatives. Each of the following Participant officials is designated as Participant's Authorized Representative authorized to give notices and instructions to the Board in accordance with the Agreement, the Bylaws, the Investment Policy, and the Operating Procedures: 1. Name: Kelly Nea Title: Finance Director Signature: Phone: 972-569-1019 Email: kelly_neal@prospertx.gov 2. Name: Betty Pamplin Title: Accounting Manager Signature: Phone: 972-569-1009 Email: betty_pamplin@prospertx.gov Harlan 4efferso Town Manager 3. Name: Title: Signature: Phone: 972-569-1010 Email: harlanJefferson@prospertx.gov 4. Name: Title: Signature: Phone: Email: {REQUIRED} PRIMARY CONTACT. List the name of the Authorized Representative listed above that will be designated as the Primary Contact and will receive all TexSTAR correspondence including transaction confirmations and monthly statements Name. Kelly Neal (OPTIONAL) INQUIRY ONLY CONTACT. In addition, the following additional Participant representative (not listed above) is designated as an Inquiry Only Representative authorized to obtain account information: Name: Liz McDonald Title: Accountant Signature:%�-�-AAD2A&Phone: 972-569-1008 Email: liz_mcdonald@prospertx.gov Participant may designate other authorized representatives by written instrument signed by an existing Participant Authorized Representative or Participant's chief executive officer. *REQUIRED* PLACE OFFICIAL SEAL OF ENTITY HERE ,,1�11111111///I .'`�t�•�F • pR0. •% •fir ice. ••�'••••••''•+• \'• `41/11111il"'tt DATED October 25, 2016 Town of Prosper, Texas SIGNED BY: ATTE Robyn Battle, Town Secretary ��1111111�`' (Printed name and title) FOR INTERNAL USE ONLY APPROVED AND ACCEPTED: TEXAS SHORT TERM ASSET RESERVE FUND AUTHORIZED SIGNER Please use this form to amend or designate Authorized Representatives. This document supersedes all prior Authorized Representative forms. * Required Fields WHEREAS, Town of Prosper Participant Name' Resolution Amending Authorized Representatives n7 29 4J Location Number` ("Participant") is a local government of the State of Texas and is empowered to delegate to a public funds investment pool 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 Pool ("TexPool/ Texpool Prime"), a public funds investment pool, were created on behalf of entities whose investment objective 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 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. B. That an Authorized Representative of the Participant may be deleted by a written instrument signed by two remaining Authorized Representatives provided that the deleted Authorized Representative (1) is assigned job duties that no longer require access to the Participant's TexPool / TexPool Prime account or (2) is no longer employed by the Participant; and C. That the Participant may by Amending Resolution signed by the Participant add an Authorized Representative provided the additional Authorized Representative is an officer, employee, or agent of the Participant; List the Authorized Representative (s) of the Participant. Any new individuals will be issued personal identification numbers to transact business with TexPool Participant Services. t Lelly Neal Name (Finance Director Title 1972-569-1019 / 972-569-10Q5 / kelly_peal@prospertx.gov Phone F sig 11. 2. LELetty Pamplin Name Accounting Manager Titl e 972-559-1009 / 972-559-1005 / betty_pamplin@prospertx.gov Phone/Fax/Emat1 1&01Q�-W"Ao Signature FORM CONTINUES ON NEXT PAGE 1 OF 2 3 Harlan Jefferson Name I Town Manager Title 1972-569,71010 / 97 Pho �Ern t Si - 4.l Name / Title I Phone/Fax/Email 35f # rf jefferson@prospertx.gov I Signature List the name of the Authorized Representative listed above that will have primary responsibility for performing transactions and receiving confirmations and monthly statements under the Participation Agreement. Kelly Neal Name In addition and at the option of the Participant, one additional Authorized Representative can be designated to perform only inquiry of selected information. This limited representative cannot perform transactions. If the Participant desires to designate a representative with inquiry rights only, complete the following information. Liz McDonald Name .Accountant Title 272-559-9008 / 972-569-10051 liz—mcdonald@prospertx.gov Phone/Fax/Email D. That this Resolution and its authorization shall continue in full force and effect until amended or revoked by the Participant, and until TexPool Participant Services receives a copy of any su%amendmentLorer vacation. This Resolution is hereby introduced and adopted by the Participant at its regular/special meeting held on the � day OC� "U it , 20 Note: Document is to be signed by your Board President, Mayor or County Judge and attested by your Board Secretary, City Secretary or County Clerk. �`,�,11I I II/l'1 � Town of Prosper 77294 > O F P f! p �+�j�,o°°va ' 1 d Name of Participant" ���' bo• t •9O CSS res SIGNED ATT T o � o � 1 Signature" Sig ature" e° Ray Smith 'Robyn Battle ,. Printed Name' Printed Name" �OF,.14 O° IM yor� ITown Secretary 0�g�� � Title" Title` 'f'oil 1 A� 01"%% The completed Resolution Amending Authorized Representatives can be faxed to TexPool Participant Services at 1-866-839-3291, and mailed to: TexPool Participant Services 1001 Texas Avenue, Suite 1400 Houston. TX 77002 ORIGINAL SIGNATURE AND DOCUMENT REQUIRED TEX-REP TexPool Participant Services 1001 Texas Avenue, Suite 1400 • Houston, TX 77002 Phone: 1.866TEXPOOL (839.7665) • Fax: 1.866.839.3291 • www.texpool,com 2OF2 Managed and Federated Serviced by 645340-17 (12/15)