| Item Title: | Auditor - TexSTAR Enrollment (Contract No. 2018-0815) | | 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 resolution and Application for Participation in the Texas Short Term Asset Reserve Program (TexSTAR), to invest its funds jointly with other Texas local governments in order better to preserve and safeguard the principal and liquidity of funds. Further, designate officers for the County authorized to execute and submit the application, open accounts, deposit and withdraw funds, agree to terms for use of their website for online transactions, designate other authorized representatives, and to take all other action required or permitted by the County under the agreement with TexSTAR. (Contract No. 2018-0815) | | Background: | Commissioners Court approved the addition of TexSTAR to the approved broker/dealer list. The following includes the application packets including the authorized representatives for TexSTAR and the required resolution. | | Fiscal Impact: | N/A | | Recommendation: | Approve and authorize the County Judge to sign the resolution and Application for Participation in the Texas Short Term Asset Reserve Program (TexSTAR), to invest its funds jointly with other Texas local governments in order better to preserve and safeguard the principal and liquidity of funds. Further, designate officers for the County authorized to execute and submit the application, open accounts, deposit and withdraw funds, agree to terms for use of their website for online transactions, designate other authorized representatives, and to take all other action required or permitted by the County under the agreement with TexSTAR. (Contract No. 2018-0815) | | Prior Action: | October 15, 2018 Commissioners Court approved the addition of TexSTAR to the approved broker/dealer list. | | Strategic Plan: | .. | | Strategic Plan Information: | |
| |