File #: 17-350    Name: TexPool Authorized Users
Type: Resolution Status: Approved
In control: City Council Regular Meeting
On agenda: 4/4/2017 Final action: 4/4/2017
Title: Consider/Discuss/Act on a Resolution Amending Authorized Representatives for the Texas Local Government Investment Pool (TexPool)
Attachments: 1. Resolution

Title

Consider/Discuss/Act on a Resolution Amending Authorized Representatives for the Texas Local Government Investment Pool (TexPool)

 

Summary

 

COUNCIL GOAL:                     Financially Sound Government

 

MEETING DATE:                     April 4, 2017

 

DEPARTMENT:                      Financial Services

 

CONTACT:                       Mark Holloway, Chief Financial Officer

                     Trudy Mathis, Finance Director

                     Kelvin Bryant, Investment & Treasury Manager

 

RECOMMENDED CITY COUNCIL ACTION:                     Adopt Resolution.

 

ITEM SUMMARY: 

                     The attached Resolution authorizes certain employees to make transactions on the City of McKinney’s TexPool account.

 

BACKGROUND INFORMATION: 

                     This current Resolution is necessary to add new Authorized Representatives.

 

FINANCIAL SUMMARY:  N/A

 

BOARD OR COMMISSION RECOMMENDATION: N/A