R2021-266 2021-11-22 DocuSign Envelope ID*44GA41UD-EUI3I--41E9-A41F-U99DA239134b(
RESOLUTION NO. R2021-266
A Resolution of the City Council of the City of Pearland,Texas,authorizing the
City Manager and/or the Investment Officer to negotiate and execute any and
all contracts and other documents incident to establishing bank and
investment account(s)for the purpose of investing in authorized investments
and financial institution deposits
WHEREAS, the City of Pearland desires to invest in authorized investments and financial
institution deposits for investment and deposit purposes, and,
WHEREAS, the City of Pearland is authorized under applicable law and City of Pearland
Investment Policy to contract with investment firms and financial institutions for investment and
deposit purposes, now therefore,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS
Section 1 That the findings and provisions set out in the preamble to this resolution are
hereby in all things approved and adopted
Section 2 That the following City of Pearland Investment Officers whose titles are set
forth below are hereby authorized to negotiate and execute any and all contracts and other
documents as necessary to establish the City of Pearland investment and financial institution
accounts,with the express powers granted to enter into treasury management services agreements
as necessary for account transactions, including but not limited to deposit,withdrawal,and transfer
via wire and ACH
1 Title. City Manager
2 Title. Chief Financial Officer
3 Title. Deputy Director of Finance
4 Title. Treasury Manager
Section 3. That the City Secretary is hereby authorized to provide such certifications as
may be necessary or convenient to confirm the title, identity, and signature of each person holding
one of the aforesaid titles and the authority of said persons with respect to the transactions
authorized•herein
DocuSign Envelope ID*44CA410D-EOBF-41 E9-A41 F-099DA239B46C
RESOLUTION NO. R2021-266
Section 4 That the authorization provided herein is contingent upon the approval of the City
of Pearland General Counsel or designee of all contracts and other documents to be executed
pursuant to the authority granted herein
Section 5 That all investments made under the authority provided herein are to be
conducted in strict accordance with City of Pearland Investment Policy and applicable law
Section 6. That this resolution shall be effective immediately from and after its date of
passage
PASSED, APPROVED and ADOPTED this 22nd day of November, A.D , 2021
DocuSigned by:
[-9 -e-
COL
J MY174986'CE
MAYOR
ATTEST
DocuSigned by:
,,,,,,,,,,CR giDiti46AN, TRMC, CMC `�oF PEARS a,,.
CITY SECRETARY -
gi
APPROVED AS TO FORM • Ar111
,—DocuSigned by: 'p •• •• �.``
12) ,,rrgllu,lrpp,,``,,``,�
bAtkftit4LOKER
CITY ATTORNEY