Title
Approving Tracy Waldron, Finance Director, and Lauren Henkes, Assistant Finance Director as additional authorized signers for the Lone Star Investment Pool, and authorizing the City Manager to execute the same.
Summary
The City's authorized representatives for the investment pools need to be updated due to staffing changes. The City Manager recommends the additional authorized representatives with the authority to execute transactions on behalf of the City in the Lone Star Investment Pool as follows:
Tracy Waldron, Finance Director
Lauren Henkes, Assistant Finance Director
Approval of this item authorizes the City Manager to execute documents necessary to enact this change.
Deadline for City Council Action
Action is requested January 23, 2024
Funding Expected: Revenue __ Expenditure __ N/A _x_
Budgeted Item: Yes __ No __ N/A x__
Amount: ___N/A_____
1295 Form Required? Yes __ No _x_
Legal Review Required: N/A __ Required _x_ Date Completed: ___________
Supporting documents attached:
Authorized Rep Form
Recommended Action
Staff recommends approving item as presented.