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HomeMy WebLinkAboutRES 2014-034RESOLUTION NO. 2014 -34 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS, AUTHORIZING PERSONS NAMED BELOW TO SIGN ON ALL INVESTMENT ACCOUNTS AND TRANSACTIONS WITH UBS FINANCIAL SERVICES AND PROVIDING AN EFFECTIVE DATE NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS: Section 1. That the persons named below are those persons who are hereby authorized and empowered for and in the name and on the behalf of the City of Grapevine, Texas which is not in contravention of the City Charter, to sign investment transactions with UBS Financial Services until said UBS Financial Services have received notice in writing that this authority, as to any or all of the persons whose names appear below, has been changed or revoked. Section 2. That the City Council of the City of Grapevine hereby authorizes William Tate, Mayor; Bruno Rumbelow, City Manager; John F. McGrane, Administrative Services Director; Karen L. Walker, Controller and Debra Russo, Internal Auditor on all accounts with UBS Financial Services. 4 William Tate, Mayor Bruno Rumbelow, City Manager John F. McGrane, Administrative Services Director Karen L. Walker, Controller Debra Russo, Internal Auditor `` �- � K Signature Section 3. That this resolution shall take effect from and after the date of its passage. PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS on this the 1st day of April, 2014. 0NNff0W"9 ATTEST: 4Qak(vuol-� Jo i C. Brown City Secretary John F. Boyle, Jr. City Attorney RES. NO. 2014-34 2