HomeMy WebLinkAboutResolution 2025-18_ Changes Authorized Representatives for Local Government Investment cooperative (LOGIC)2025-18
RESOLUTION CHANGING AUTHORIZED REPRESENTATIVES FOR LOCAL
GOVERNMENT INVESTMENT COOPERATIVE
WHEREAS, City of La Porte
(the "Government Entity") by authority of that certain Local Government Investment Cooperative
Resolution (the "Resolution") entered into that certain Interlocal Agreement, as amended
pursuant to its terms and subsequently designated Participation Agreement and Trust Instrument (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 Entity now wishes to update and designate the following
persons as the "Authorized Representatives" within the meaning of the Agreement;
NOW, THEREFORE, BE IT RESOLVED:
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:
1. Name: Michael G. Dolby Title: Director of Finance
Signature:"� Phone: 281-470-5036
Email: dolbym@laportetx.gov
2. Name: Shelley Wolny Title: Assistant Director of Finance
Signature:
Phone: 281-470-5037
Email:wolnyS aaportetx.gov
3. Name: Avelyn Abreu Title: Budget Analyst
Signature:(1,V4WPhone: 281-470-5086
Email: abreua@laportetx.gov
4. Name: Title:
Signature: Phone:
Email:
Amending Resolution 4/28/2016
(REQUIRED) PRIMARY CONTACT: List the name of the Authorized Representative listed above that
will be designated as the Primary Contact and will receive all LOGIC correspondence including transaction
confirmations and monthly statements
Shelley Wolny
JOPTIOINAL) INQUIRY ONLY CONTACT: In addition, the following additional Participant
representative (not listed above) is designated as an Inquiry Only Representative authorized to obtain
account information:
Name: Title:
Signature:
Phone:
Email:
Applicant may designate other authorized representatives by written instrument signed by an existing
Applicant Authorized Representative or Applicant's chief executive officer.
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.
PASSED AND APPROVED this 14 day of JUI y , 2025
City of La Porte
(NAatE OR
SIGNED BY:
Rick Helton, Mayor
(Printed nand
Lee
OFFICIAL SEAL OF PARTICIPANT (REQUIRED)
(Signature
title)
(Printed name ani title)
Amending Resolution 028l2016