HomeMy WebLinkAboutRES 22-112RESOLUTION NO. 22-112
WHEREAS, on November 5, 1996, the City Council of the City of Beaumont,
Texas adopted Resolution No. 96-273 approving the Texas Local Government
Investment Pool (TexPool) as an investment alternative for the City of Beaumont; and,
WHEREAS, Chris Boone and Todd Simoneaux are currently authorized
representatives with TexPool; and,
WHEREAS, Cheryl Ray is to be designated as an authorized representative for
the City of Beaumont effective April 27, 2022;
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 Cheryl Ray is to be designated as authorized representative for the City of
Beaumont effective April 27, 2022 and is hereby authorized to transmit funds for
investment in Texas Local Government Investment Pool (TexPool) and is further
authorized to withdraw funds as needed, to issue letters of instruction and to take all
other actions deemed necessary or appropriate for the investment of local funds.
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
PASSED BY THE CITY COUNCIL of the City of Beaumont this the 26th day of
April, 2022. UIyQ//��/V/�® �n9
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