HomeMy WebLinkAboutRES 08 179 RESOLUTION NO. 08-179
WHEREAS, the 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 ow wishes to update and designate the
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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. 1
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Signature:
Kyle Hayes
Printed Name:
City Manager
Title:
Signature:
Laura Clark
Printed Name:
Chief Financial Officer
Title:
Signature:
Todd Simoneaux
Printed Name:
Controller
Title:
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 17th day of
June, 2008.
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y - M or Becky Ames -