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File #: 25-7806    Version: 1 Name: Resolution - TexPool/TexPool Prime
Type: Agenda Item Status: Consent
File created: 8/9/2025 In control: City Council
On agenda: 9/15/2025 Final action:
Title: A resolution authorizing the Mayor to finalize and execute all documents necessary to designate the positions of Director of Finance, Cash and Debt Administrator, Treasury Analyst, Manager of Accounting Services, and Assistant City Manager to act as the City of Mesquite's authorized representatives for Texas Local Government Investment Pool ("TexPool/TexPool Prime").
Attachments: 1. Resolution
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Title

A resolution authorizing the Mayor to finalize and execute all documents necessary to designate the positions of Director of Finance, Cash and Debt Administrator, Treasury Analyst, Manager of Accounting Services, and Assistant City Manager to act as the City of Mesquite’s authorized representatives for Texas Local Government Investment Pool (“TexPool/TexPool Prime”).

 

Body

This resolution is required by TexPool/TexPool Prime to make changes to the authorized list of City representatives who have authority to transmit funds and perform inquiries for investment purposes in the City’s TexPool/TexPool Prime account. The attached resolution will add Fernando Aguayo, Cash and Debt Administrator; Rachael Deorsam, Treasury Analyst; and Janice Sterling, Manager of Accounting Services, as authorized representatives for the City of Mesquite and removes Geneva Mendez and Edmond Yiu, who are no longer employed by the City, and Cynthia Sanchez who has resumed her regular duties as Senior Finance System Analyst. The resolution retains Assistant City Manager Suzy Cluse as the City’s representative designated to perform only inquiries of selected information, and Ted Chinn, Director of Finance, as an authorized representative. 

 

Recommended/Desired Action

Staff recommends approval of the resolution.

 

Attachment(s)

Resolution

 

Drafter

Ted Chinn

 

Head of Department

Ted Chinn