| Item Title: | Auditor - Logic Enrollment (Contract No. 2018-0814) |
| Submitted By: | Edward A. Dion, CPA, County Auditor, County Auditor's Office (915) 546-2040 |
| Subject: | Approve and authorize the County Judge to sign the Local Government Investment Cooperative (LOGIC) Resolution, Participation Agreement and Trust Instrument, which authorizes the County to invest funds in an eligible public funds investment pool in accordance with the Public Funds Investment Act, designates the board of trustees of the pool as an agency and instrumentality to supervise the pool, approving investment policies of the pool, and appoints the authorized representatives and designated investment officers for LOGIC. (Contract No. 2018-0814) |
| Background: | Commissioners Court approved the addition of LOGIC to the approved broker/dealer list. The following includes the application packets including the authorized representatives for LOGIC and the required resolution. |
| Fiscal Impact: | N/A |
| Recommendation: | Approve and authorize the County Judge to sign the Local Government Investment Cooperative (LOGIC) Resolution, Participation Agreement and Trust Instrument, which authorizes the County to invest funds in an eligible public funds investment pool in accordance with the Public Funds Investment Act, designates the board of trustees of the pool as an agency and instrumentality to supervise the pool, approving investment policies of the pool, and appoints the authorized representatives and designated investment officers for LOGIC. (Contract No. 2018-0814) |
| Prior Action: | October 15, 2018 Commissioners Court approved the addition of LOGIC to the approved broker/dealer list. |
| Strategic Plan: | .. |
| Strategic Plan Information: | |