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R-2021-68 TexSTAR Amending Resolution
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R-2021-68 TexSTAR Amending Resolution
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Last modified
2/3/2022 11:27:21 AM
Creation date
12/16/2021 11:01:50 AM
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Legislative Records
Legislative Type
Resolution
Date
12/13/2021
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1501 IVA <br />fflmll� I M00 IF <br />WHEREAS, City of La Porte <br />(the "Government Entlty") by authority of the Application for participation in TexSTAR (the <br />"Application") has entered into an Interlocal Agreement (the "Agreement") and has become a <br />participant In the public funds investment pool created there under known as TexSTAR Short Term <br />Assert. Reserve Fund ("TexS`BAR "); <br />WHEREAS, the Application designated on one or more "Authorized Representatives" <br />within the meaning of the Agreement„ <br />WHEREAS, the Government Entity now wishes to update and designate the <br />following persons as the "Authorized Representatives" within the meaning of the Agreement-, <br />SEC'T r *N 1. The following officers, officials or employees of the Government Entity specified in <br />this document are hereby designated as '"Authorized Representatives" within the meaning of the <br />Agreement, with full power and authority to open accounts, to deposit and withdraw funds, to agree to <br />the terms for use of the website for online transactions, to designate other authorized representatives, <br />and to take all other- action required or permitted by Government Entity under the Agreement created <br />by the application, all in the name and on behalf of the Government Entity. <br />SEC-110N 2. This document supersedes and replaces the Government Entity's previous <br />designation of officers,, officials or employees of the Government Entity as Authorized <br />Representatives under the Agreement <br />SECTION 3. This resolution will continue in full force and effect until amended or revoked by <br />Government Entity and written notice of the amendment or revocation is delivered to the TExSTAR <br />Board. <br />SEC-11 ION 4. Terms used in this resolution have the meanings given to them by the Application. <br />
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