Title
Approving a resolution amending authorized representatives for the Texas Local Government Investment Pool "Texpool".
Summary
The City's authorized representatives for the investment pools need to be updated due to staffing changes. The attached resolution provided by Texpool names the authorized representatives with the authority to execute transactions on behalf of the City, as recommended by the City Manager:
Lauri Gillam, Assistant City Manager
Amy Good, Finance Director
Lauren Henkes, Assistant Finance Director
Ms. Good is further listed as the authorized representative with primary responsibility for performing transactions and receiving information. In addition, this resolution provides Chris Perez, Senior Accountant, inquiry only access to the City's Texpool on-line system.
Similarly, Item 2018-7024 on this agenda updates the City's Authorized Representatives for the Lone Star Investment Pool.
Deadline for City Council Action
None.
Fiscal Impact
None.
Staff Recommendation
Approve the resolution.
Drafter
Lauri Gillam
Assistant City Manager