TITLE
Consider a memorandum/resolution updating authorized representatives for TexPool.
SUMMARY
AGENDA ITEM
Updating authorized representatives for TexPool
ORIGINATING DEPARTMENT
Finance
BACKGROUND INFORMATION
The City of Killeen has funds invested with the Texas Local Government Investment Pool (TexPool). The City Council formally approves any changes in the individuals who serve as our authorized representatives when dealing with investments.
DISCUSSION/CONCLUSION
Jonathan Locke, Executive Director of Finance, needs to be added as an authorized representative. Jerry Sparks, Tanya Strickland, and Chris Garcia need to be removed. All other representatives will remain the same.
FISCAL IMPACT
There is no fiscal impact due to these changes.
RECOMMENDATION
Staff recommends that the Council approve the following changes be made regarding TexPool authorized representatives for the City of Killeen and that the attached Resolution Amending Authorized Representatives from TexPool be approved:
|
Add |
Remove |
Remain |
|
Jonathan Locke |
Jerry Sparks |
Glenn Morrison, City Manager |
|
|
Tanya Strickland |
Karen Evans, Assistant Director of Finance |
|
|
Chris Garcia |
Latashia Cherry, Accounting Supervisor |