Page 78 - CityofBurlesonFY25AdoptedBudget
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of Finance, or their designee(s), are hereby authorized to execute the required
                          Agreement with the Bank Depository.  Designee(s) who are authorized to transact
                          business on behalf of the City Manager  are the City of Burleson’s Deputy City
                          Manager  or  the  City  Secretary.    The  designee  who  is  authorized  to  transact
                          business on behalf of the Director of Finance is the City of Burleson’s Assistant
                          Director of Finance and Controller.


                       I. AUTHORIZATION OF WIRE TRANSFERS BY THE CITY.

                              1. In general, attachments A through D to this Policy are as follows:

                                 a. Attachment “A” List of authorized individuals who may approve wire
                                     transfers.
                                 b. Attachment “B” Designation of Custodial/Safekeeping Agent.
                                 c. Attachment “C” List of authorized Investment Pools.
                                 d. Attachment “D” List of authorized Paying Agents.


                           Changes  to  attachments  for  revisions,  additions,  or  deletions  to  any  of  the
                           designations on Attachment “A”, “B”, “C” and “D” shall require the approval of
                           two  individuals  listed  on  Group  B  as  listed  on  Attachment  “A”.    Copies  of
                           additions, deletions, and changes will be provided to the Finance Committee at
                           their next regular scheduled meeting.

                               2. SECURITY PURCHASES.

                                  a. Two  employees  designated  on  Group  A  of  Attachment  “A”  must
                                     approve wire transfers associated with security purchases.
                                  b. All security purchases shall be executed “delivery vs. payment.”
                                  c. Any change in the City’s custodial relationship must be approved by
                                     two individuals designated in Group B of Attachment “A”.



                               3. INVESTMENT POOLS

                                  a. Two  employees  designated  on  Group  A  of  Attachment  “A”  must
                                     approve wire transfers to designated investment pools.

                                  b. Any revision, addition or deletions to the list of designated investment
                                     pools shall require the approval of two individuals designated in Group
                                     B of Attachment “A”.  Copies of additions, deletions, and changes will
                                     be  provided  to  the  Finance  Committee  at  their  next  regularly
                                     scheduled meeting.

                               4. PAYING AGENTS







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