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HomeMy WebLinkAbout940352.tiff RESOLUTION RE: AUTHORIZE WELD COUNTY TO PARTICIPATE IN THE COLORADO PUBLIC FUNDS INVESTMENT TRUST/VOYAGEUR AND THE GOVERNMENT ASSET POOL WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS, pursuant to Section 24-75-701 et seq. , CRS, as amended, it is lawful for any county, city and county, city, town, school district, special district, or instrumentality thereof, or any political or public corporation of the State of Colorado ("Public Entity") to pool any monies in its treasury, which are not immediately required to be disbursed, with the same such monies in the treasury of any other Public Entity in order to take advantage of short-term investments and maximize net interest earnings, and WHEREAS, Colorado Public Funds Investment Trust/Voyageur and Government Asset Pool are trusts formed under the laws of the State of Colorado in accordance with the provisions of Section 24-75-701 et seq. , CRS, as amended, for the purpose of pooling monies of Public Entities, which are not immediately required to be disbursed, in order to take advantage of short-term investments and maximize net interest earnings, and WHEREAS, Weld County desires to participate in said pools in accordance with the terms and provisions of the trusts in order to pool its surplus funds. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the County of Weld hereby approves and adopts, and thereby joins as a Participant pursuant to Section 24-75-701 et seq. , CRS, as amended, in the Colorado Public Funds Investment Trust/Voyageur and Government Asset Pool. BE IT FURTHER RESOLVED by the Board that Francis M. Loustalet, Weld County Treasurer, or his successor in function, who is the local government official empowered to invest the funds in this Public Entity's treasury, is hereby designated the "Treasurer", as defined in the Pool Agreements, and as such is hereby designated Weld County's official representative to Colorado Public Funds Investment Trust/Voyageur and Government Asset Pool and is hereby authorized and directed to execute the documents as are required and to serve as a member of the Board of Trustees if elected or appointed by the Supervisory Board or the Board of Trustees. BE IT FURTHER RESOLVED by the Board that the "Treasurer" designated above is hereby authorized to invest from time to time the monies in this Public Entity's treasury, which are not immediately required to be disbursed, in the Colorado Public Funds Investment Trust/Voyageur and Government Asset Pool by purchasing Shares in Colorado Public Funds Investment Trust/Voyageur and Government Asset Pool with available funds, and to redeem some or all of those Shares from time to time as funds are needed for other purposes. L 940352 r ,1O0/7' f RE: AUTHORIZE PARTICIPATION - COLORADO PUBLIC FUNDS INVESTMENT TRUST/VOYAGEUR AND GOVERNMENT ASSET POOL PAGE 2 The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 4th day of May, A.D. , 1994. ilidebOda? BOARD OF COUNTY COMMISSIONERS ATTEST: WELD COUNTY, COLORADO Weld County Clerk to the Board ��q W. i'ce'' ti airm n BY: c X I�C,P�L � got/LA Deputy Cljtk to the Board Da a 1, Pro em APPRO TO FORM: l4 e_ � x, lC' George7 Baxter EXCUSED DATE OF SIGNING (AYE) ounty Attorney stance L. Harbert , 4! „el /Barbara J. Kirkmeye 940352 CERTIFICATION The undersigned hereby certify that Weld County has enacted the attached resolution authorizing Weld County to participate in the Government Asset Pool according to the Pool Agreement dated May 4, 1994, as amended from time to time. The undersigned affirm that we have read the Trust's Information Statement and Addendum to Information Statement and Pool Agreement and agree to be bound by the terms thereof. The undersigned agree that the certifications, instructions, and authorizations contained in this Pool Registration Form will remain in effect until the Pool receives written notice of change. ilyiteAdth BELDD OF COUNTY COMMISSIONERS ATTEST: WELD COUNTY, OLORADO Weld County Clerk to the Board f,/ Y C ' �, - H. Webster, airman L \y BY: LEXX(JX I , Deputy erk to the Board Dale t. Hall, ro em • eo g . Baxter EXCUSED DATE OF SIGNING (AYE) Constance L. Harbert Barbara J. Kirkmey r 940352 CERTIFICATION The undersigned hereby certify that Weld County has enacted the attached resolution authorizing Weld County to participate in the Colorado Public Funds Investment Trust/Voyageur Pool according to the Pool Agreement dated May 4, 1994, as amended from time to time. The undersigned affirm that we have read the Trust's Information Statement and Addendum to Information Statement and Pool Agreement and agree to be bound by the terms thereof. The undersigned agree that the certifications, instructions, and authorizations contained in this Pool Registration Form will remain in effect until the Pool receives written notice of change. BOARD OF COUNTY COMMISSIONERS Lejectat ATTEST: WELD COUNTY, OLORADO ,QA Weld County Clerk to the Board 1/( Cpl Lift43 BY: 1QpJ� /� �� H. SJebster, C airman 41 �L���' k-1-�/L Deputy c4erk to the Board Da a 1�. a 1, ro C eorge . Baxter EXCUSED DATE OF SIGNING (AYE) Con tance L. Harbert Barbara J. rj�i�i L� 940352 fri mEmoRAnDum Asti\ d WineTo Don Warden Fin ate April 27 1994 COLORADO From Mike,- stalasurer Subject: As per our conversation a week ago, a reminder needing of resolutions approving two pools to add to the county's portfolio. Colorado Public Funds Investment Trust/Voyageur 717 17th St #272 Denver, CO 80203 Government Asset Pool 751 Horizon Court #118 Grand Junction, CO 81506 940352 Hello