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R-2020-34 Amending the City of La Porte Investment Policy
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R-2020-34 Amending the City of La Porte Investment Policy
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Last modified
2/3/2022 11:36:24 AM
Creation date
12/15/2020 12:52:27 PM
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Legislative Records
Legislative Type
Resolution
Legislative No.
R-2020-34
Date
12/14/2020
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Exhibit B <br />TEXAS PUBLIC FUNDS INVESTMENT ACT CERTIFICATION FORM <br />As required by Texas Government Code 2256.005 (W) <br />CITY OF LA PORTE, TEXAS <br />This certification is executed on behalf of the City of La Porte, Texas (the Investor) and <br />(the Seller) pursuant to the Public Funds Investment Act, <br />Chapter 2256, Government Code, Texas Codes Annotated (the Act) in connection with <br />investment transactions conducted between the Investor and Dealer. <br />The Undersigned Qualified Representative of the Seller hereby certifies on behalf of the Seller <br />that: <br />1. The Qualified Representative is duly authorized to execute this Certification on behalf of <br />the Seller, and <br />2. The Qualified Representative has received and reviewed the Investment Policy furnished <br />by the Investor, and <br />3. The Seller has implemented reasonable procedures and controls in an effort to preclude <br />investment transactions conducted between the Seller and the Investor that are not <br />authorized by the entity's investment policy, except to the extent that this authorization <br />is dependent on an analysis of the makeup of the entity's entire portfolio or requires an <br />interpretation of subjective investment standards. <br />Qualified Representative <br />Signature <br />Name (Printed): <br />Title: <br />Date: <br />
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