RE 2020-0512.1 TEXPOOL Authorized Representatives
RESOLUTION NO. 2020-0512.1
A RESOLUTION OF THE CITY OF COPPELL, TEXAS, AMENDING THE
AUTHORIZED REPRESENTATIVES WITH THE TEXAS LOCAL GOVERNMENT
INVESTMENT POOL (TEXPOOL).
WHEREAS, The City of Coppell, Texas, Location ID: 77345 ("Participant") is a local government
of the State of Texas and is empowered to delegate to a public funds investment pool the authority
to invest funds and to act as custodian of investments purchased with local investment funds; and
WHEREAS, it is in the best interest of the Participant to invest local funds in investments that
provide for the preservation and safety of principal, liquidity, and yield consistent with the Public
Funds Investment Act; and
WHEREAS, the Texas Local Government Investment Pool ("TexPool/Texpool Prime"), a
public funds investment pool, were created on behalf of entities whose investment objective in
order of priority are preservation and safety of principal, liquidity, and yield consistent with the
Public Funds Investment Act.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
COPPELL, TEXAS:
A. That the individuals, whose signatures appear in this Resolution, are Authorized
Representatives of the Participant and are each hereby authorized to transmit funds for
investment in TexPool/TexPool Prime and are each further authorized to withdraw funds
from time to time, to issue letters of instruction, and to take all other actions deemed
necessary or appropriate for the investment of local funds.
B. That an Authorized Representative of the Participant may be deleted by a written instrument
signed by two remaining Authorized Representatives provided that the deleted Authorized
Representative (1) is assigned job duties that no longer require access to the Participant's
TexPool/TexPool Prime account or (2) is no longer employed by the Participant; and
C. That the Participant may by Amending Resolution signed by the Participant add an
Authorized Representative provided the additional Authorized Representative is an officer,
employee, or agent of the Participant;
The Authorized Representatives of the Participant are:
Title: Director of Finance
972-304-3689/972-304-3571/jrniller@coppelltx.gov
Signature:
Title: Assistant Director of Finance
972-304-3693/972-304-3571/ktiehen@coppelltx.gov
Signature:
3. Name: Mary Huning Title: Chief Accountant
972-304-3556/972-304-3571/mhuning cAcoppelltx.gov
Signature: JU.#itq
The Authorized Representative listed above that will have primary responsibility for performing
transactions and receiving confirmations and monthly statements under the Participation Agreement.
Name Jennifer Miller, Director of Finance
In Addition and at the option of the Participant,one additional Authorized Representative can be designated
to perform only inquiry of selected information. This limited representative cannot perform transactions.
The Participant desires to designate:
Name: Michael Land Title: City Manager
972-304-3662/972-304-3571/mland@coppelltx.gov
D. That this Resolution and its authorization shall continue in full force and effect until amended
or revoked by the Participant, and until TexPool Participant Services receives a copy of any such
amendment or revocation. This Resolution is hereby introduced and adopted by the Participant at its
regular/special meeting held on the 12th day May, 2020.
DULY PASSED by the City Council of the City of Coppell, Texas this the 12th day of May, 2020.
APPR b VED:
Karan Selbo unt, Mayor
ATTEST:
hristel Pettinos, it Secretary io
APPRO D • S O FO'M:
11/
City • ttorney f