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
4A: Provide funding and organizational framework to ensure continual economic improvements
MEETING DATE: January 19, 2021
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/TexPool Prime accounts.
BACKGROUND INFORMATION:
• This current Resolution is necessary to add new and update current Authorized Representatives.
FINANCIAL SUMMARY: N/A
BOARD OR COMMISSION RECOMMENDATION: N/A