Legislation Details

File #: 26-1095    Name: Consider/Discuss/Act on a Resolution Amending Authorized Reps for TexPool/TexPool Prime
Type: Resolution Status: Consent Item
In control: City Council Regular Meeting
On agenda: 11/17/2026 Final action:
Title: Consider/Discuss/Act on a Resolution Amending Authorized Representatives for the Texas Local Government Investment Pool (TexPool/TexPool Prime)
Attachments: 1. Resolution, 2. TexPool Resolution
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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Title

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

Summary

COUNCIL GOAL:                     Financially Sound Government

MEETING DATE:                     November 17, 2026

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 and TexPool Prime accounts.

BACKGROUND INFORMATION: 

  • The City of McKinney previously passed a resolution to participate in TexPool/Texpool Prime.
  • This current resolution is necessary to add new Authorized Representatives

 

FINANCIAL SUMMARY: 

•                     N/A

BOARD OR COMMISSION RECOMMENDATION:

•                     N/A