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Council updates authorized representatives for TexSTAR, LOGIC and TexPool accounts
Summary
The council approved three resolutions (TexSTAR No. 794‑25, LOGIC No. 795‑25, TexPool No. 796‑25) amending authorized representatives for the city's public funds investment accounts; each resolution passed unanimously.
The City Council voted to amend authorized representatives for the city's accounts with three public funds investment pools. Mayor Pro‑Tem Josh M. Fultz moved to approve TexSTAR Resolution No. 794‑25; the motion passed with each councilmember voting AYE. Council later approved Resolution No. 795‑25 for LOGIC and Resolution No. 796‑25 for TexPool, both recorded as passing unanimously.
The resolutions authorize designated city personnel to open accounts, deposit and withdraw funds, agree to website terms for online transactions, and take other actions necessary to manage the City's investment accounts. The minutes list the resolutions by number but do not specify the names of the newly authorized representatives.
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