HomeMy WebLinkAboutRES 02-182 RESOLUTION NO. 02-182
WHEREAS,City of Beaumont(the"Government Entity"),by authority of that certain
Local Government Investment Cooperative Resolution(the"Resolution"), has entered into
that certain Interlocal Agreement (the "Agreement") and has become a participant in the
public funds investment pool created thereunder known as Local Government Investment
Cooperative ("LOGIC"); and
WHEREAS, the Resolution designated one or more "Authorized Representatives"
within the meaning of the Agreement; and
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
BY THE CITY COUNCIL OF THE CITY OF BEAUMONT:
THAT 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:
I
Kyle Hayes, City Manag r
Kandy Dani I, Treasurer
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 BY THE CITY COUNCIL of the City of Beaumont on this the 6th day of
August, 2002.
- Mayor velyn M. Lord -