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HomeMy WebLinkAboutCity Council Resolutions (R-05-2558)-06/07/2005 RESOLUTION R-05-2558 A RESOLUTION CHANGING AUTHORIZED REPRESENTATIVES FOR LOCAL GOVERNMENT INVESTMENT COOPERATIVE WHEREAS, the City of Colleyville (the "Government Entity") by authority of that certain Local Government Investment Cooperative Resolution R-96-1252 (the "Resolution") has entered into that certain Interlocal Agreement (the "Agreement") and has become a participant in the public funds investment pool created thereunder known as Local Government Investment Cooperative ("LOGIC"); WHEREAS, the Resolution designated on one or more "Authorized Representatives" within the meaning of the Agreement; WHEREAS, the Government Eptity now wishes to update and designate the following persons as the "Authorized Representatives" within the meaning of the Agreement; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF COLLEYVILLE: Sec. 1. THAT the following officers, officials or employees of the Government Entity are hereby designated as "Authorized Representatives" within the meaning of the Agreement, with full power and authority to: deposit money to and withdraw money from the Government Entity's LOGIC account or accounts from time to time in accordance with the Agreement and the Information Statement describing the Agreement, and to take all other actions deemed necessary or appropriate for the investment of funds of the Government Entity in LOGIC: Signature: ~;fdfrW~ (/ Printed Name: Terry Leake Title: Finance Director Signature: ~A# Printed Name: Debby Scott Title: Assistant to the Finance Director Resolution R-05-2558 Page 2 of 2 Signature: ~ ~ Printed Name: Paul Frederiksen - Title: Assistant City Manager Sec. 2. THAT the foregoing supersedes and replaces the Government Entity's previous designation of officers, officials or employees of the Government Entity as Authorized Representatives under the Agreement pursuant to paragraph 4 of the Resolution. Except as hereby modified, the Resolution shall remain in full force and effect. AND IT IS SO RESOLVED. PASSED BY A VOTE OF ,--5' AYES, THIS THE !J!!i-DAY OF r ~L ATTEST: o NAYS AND 2005. o ABSTENTIONS ON CITY OF COLLEYVILLE ib Cynthia Singleton, TRMC City Secretary David Kelly Mayor