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<br />e <br /> <br />RESOLUTION 99-31 <br /> <br />. <br /> <br />RESOLUTION ANlENDING AUTHORIZED REPRESENTATIVES <br /> <br />WHEREAS, City of LaPorte (Participant) is a local government of the State of Texas and is empowered to <br />delegate to a public funds investment pool the authority to invest funds and to act as custodian of investments <br />purchased with local investment funds; and <br /> <br />WHEREAS, it is in the best interest of the Participant to invest local funds in investments that provide for the <br />preservation and safety of principal, liquidity, and yield consistent with the Public Funds Investment Act; and <br /> <br />WHEREAS, the Local Government InVE!stment Pool (illOGIC"), a public funds investment pool, was created <br />on behalf of entities whose investment clbjective in order of priority are preservation and safety of principal, <br />liquidity, and yield consistent with the Public Funds Investment Act. <br /> <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LA PORTE: <br /> <br />A. That the individuals, whose signatums appear below, are authorized representatives of the Participant and <br />are each hereby authorized to transmit funds for investment in LOGIC and are each further authorized to <br />withdraw funds from time to time, to issue letters of instruction, and to take all other actions deemed <br />necessary or appropriate for the investment of local funds. <br /> <br />list of the authorized representatives of the Participant. These individuals will be issued P.I.N. numbers. <br /> <br />Name: Jeff F. Litchfield <br /> <br />Signature <br /> <br /> <br />---........ <br /> <br />Title: Accountant/Investment Officer <br /> <br />Name: Cynthia B. AJexand r <br /> <br />Signature <br /> <br />Name: Shelley Hart <br /> <br />Signature ...dL~ ~ <br /> <br />The Authorized Representative with primary responsibility for perfonning transactions and receiving <br />confirmations and monthly statements under the Participation Agreement is Shelley Hart. <br /> <br />B. That this resolution and its authorization shall continue in full force and effect until amended or revoked by <br />the Participant, and until LOGIC receives a copy of any such amendment or revocation. <br /> <br />PASSED AND APPROVED this the 22nd day of November, 1999. <br /> <br />~CITY. OF LA PORTE, TEXAS <br /> <br />~Z- <br />rman one, Ma or <br /> <br />