HomeMy WebLinkAboutRES 22-224RESOLUTION NO. 22-224
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, Todd Simoneaux and Cheryl Ray are currently
authorized representatives with TexPool; and,
WHEREAS, Chris Boone is to be deleted as an authorized representative with
TexPool effective September 21, 2022; and,
WHEREAS, Kenneth R. Williams is to be designated as an authorized
representative for the City of Beaumont effective September 21, 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 Kenneth R. Williams is to be designated as authorized representative for
the City of Beaumont effective September 21, 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; and,
BE IT FURTHER RESOLVED THAT Chris Boone is to be deleted as an
authorized representative with TexPool effective September 21, 2022,
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
551.
PASSED BY THE CITY COUNCIL of the City of Beaumont this the 20th day of
September, 2022.
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asQ, -Mayor Pro Tem Chris D rio
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