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HomeMy WebLinkAboutRES 16-237RESOLUTION NO. 16-237 WHEREAS, Kyle Hayes and Laura Clark are currently authorized as signatories for the execution of documents related to Waterworks and Sewer System Revenue Bonds, Taxable Series 2010B (Build America Bonds -Direct Payment Issuer); and, WHEREAS, Laura Clark is to be deleted as an authorized signatory for the execution of documents related to Waterworks and Sewer System Revenue Bonds, Taxable Series 2010B (Build America Bonds -Direct Payment Issuer) and Todd Simoneaux is to be added as an authorized signatory for the execution of documents related to Waterworks and Sewer System Revenue Bonds, Taxable Series 2010B (Build America Bonds -Direct Payment Issuer); 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 is to be deleted as an authorized signatory for the execution of documents related to Waterworks and Sewer System Revenue Bonds, Taxable Series 2010B (Build America Bonds -Direct Payment Issuer) and Todd Simoneaux is to be added as an authorized signatory for the execution of documents related to Waterworks and Sewer System Revenue Bonds, Taxable Series 2010B (Build America Bonds - Direct Payment Issuer); and, BE IT FURTHER RESOLVED THAT this Resolution shall be effective from and after the date of its passage. PASSED BY THE CITY COUNCIL of the City of Beaumont this the 22nd day of November, 2016. PF