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HomeMy WebLinkAboutRES 22-287RESOLUTION NO.22-287 BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT: WHEREAS, Laura Clark, Todd Simoneaux, and Kyle Haynes are currently authorized representatives for the City and Wells Fargo Safekeeping Account; and, WHEREAS, Laura Clark and Kyle Haynes are to be deleted as authorized representatives for the City and Wells Fargo Safekeeping Account effective November 1, 2022; and, WHEREAS, Kenneth R. Williams and Cheryl Ray require authority to be designated as authorized representatives for the City of Beaumont and to transmit funds for investment in Wells Fargo and are each further authorized to withdraw funds as needed, to issue letter of instruction, and to take all other actions deemed necessary or appropriate for the investment of local funds effective November 1, 2022; and, NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT: THAT the statements and findings set out in the preamble to this resolution are hereby, in all things, approved and adopted; and, THAT Laura Clark and Kyle Haynes are to be deleted as authorized representatives for the City and Wells Fargo Safekeeping Account effective November 1, 2022; and, BE IT FURTHER RESOLVED THAT Kenneth R. Williams and Cheryl Ray are hereby authorized as representatives for the City and Wells Fargo Safekeeping Account effective November 1, 2022. The meeting at which this resolution was approved was in all things conducted in strict compliance with the Texas Open Meetings Act, Texas Government Code, Chapter 551. PASSED BY THE CITY COUNCIL of the City of Beaumont this the 1st day of November, 2022. - Mayor Robin Mouton -