HomeMy WebLinkAboutRES 02-266 RESOLUTION NO. 02-266
BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF BEAUMONT:
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:
Kyle Hayes, City Manager
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Kandy Dank Treasurer
Max S. Duplant, Finance 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 BY THE CITY COUNCIL of the City of Beaumont this the 12th day of
November, 2002.
.r
May r Evelyn M. Lord -