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<br />. <br /> <br />. <br /> <br />RESOLUTION 96....02 <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LA PORTE, TEXAS, <br />DESIGNATING CERTAIN INDIVIDUALS TO BE RESPONSIBLE FOR THE INVESTING <br />OF THE CITY'S FUNDS. <br /> <br />WHEREAS, the Ci ty of La Porte, Texas <br />political subdivision of the State of Texas <br />comply with the Public Funds Investment Act, <br />Government Code (the "Act"); and <br /> <br />(the "City") is a <br />and is required to <br />Chapter 2256, Texas <br /> <br />WHEREAS, this Act requires the City to designate one or more <br />officers or employees of the City to be responsible for the <br />investment of its funds. <br /> <br />NOW, THEREFORE, be it resolved as follows: <br /> <br />1. That the following individuals, whose signatures appear <br />below are officers or employees of the City and are <br />hereby authorized. to engage in investment transactions <br />for the City of La Porte. <br /> <br />Name Cynthia B. Alexander <br />Title Assist. Fin. Director <br /> <br />Signature <br /> <br /> <br />Name Jeff Litchfield <br />Title Finance Director <br /> <br />Signature <br /> <br />Name Rick Overqaard <br />Title Cash Manaqer <br /> <br />Signature <br /> <br />2. That this resolution and its authorization shall continue <br />in full force and effect until amended, revoked or until <br />termination of the individuals employment by the City. <br /> <br />This resolution is hereby introduced and adopted by the City at its <br />regular meeting held on the 8th day of January, 1996. <br /> <br />City of La Porte <br /> <br />B~~_ <br /> <br />Norman alon:f, Mayor <br /> <br />