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:
Trey Fletcher, Assistant City Manager
Lauren Henkes, Assistant Finance Director
Ms. Henkes is further listed as the authorized representative with primary responsibility for performing transactions and receiving information. In addition, this resolution provides Julissa Arias, Accountant, inquiry only access to the City's Texpool on-line system.
Similarly, Item 2020-8599 on this agenda updates the City's Authorized Representatives for the Lone Star Investment Pool.
Deadline for City Council Action
None.
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 _X_ Required ___ Date Completed: ___
Supporting documents attached:
Resolution
Recommended Action
Approve the resolution amending authorized representatives for the Texas Local Government Investment Pool "Texpool".