HomeMy WebLinkAboutRes 2017-03 Approving Brokers and Dealers ListCity of West University Place
Harris County, Texas
Resolution No. 2017 -03
A RESOLUTION APPROVING BROKERS /DEALERS FROM
WHICH THE CITY WOULD PURCHASE INVESTMENTS; AND
PROVISIONS RELATED TO THE SUBJECT
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WEST
UNIVERSITY PLACE:
Section 1. The City Council approves the following as brokers from which the
City may purchase investments, subject to the state laws regulating public investments
and the City's investment policy adopted as part of Chapter 2 of the Code of
Ordinances.
Firm
Broker (s)
Cantor Fitzgerald & Company
Gilbert Ramon
Multi -Bank Securities
Carol Mackoff, Luigi Mancini
FTN Financial (formerly Coastal
Securities
Zachary Brewer, Tony Sekaly
Hilltop Securities (formerly
FirstSouthwest Securities
Linda Callaway
Wells Faro Securities LLC
Chuck Landry
Section 2 All resolutions and parts of resolutions in conflict herewith are hereby
repealed to the extent of the conflict only.
Section 3. If any word, phrase, clause, sentence, paragraph, section or other
part of this resolution or the application thereof to any person or circumstance, shall
ever be held to be invalid or unconstitutional by any court of competent jurisdiction, the
remainder of this resolution and the application of such word, phrase, clause, sentence,
paragraph, section, or other part of this resolution to any other person or circumstances
shall not be affected thereby.
Section 4. The City Council officially finds, determines and declares that a
sufficient written notice of the date, hour, place and subject of each meeting at which
this resolution was discussed, considered or acted upon was given in the manner
required by the Texas Open Meetings Law, as amended, and that each such meeting
has been open to the public as required by law at all times during such discussion,
consideration and action. The City Council ratifies, approves and confirms such notices
and the contents and posting thereof.
Section 5. This notice shall take effect immediately upon its adoption and
signature.
PASSED, APPROVED AND ADOPTED on the 10th day of April 7, 2017.
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City Secretary (Seal) Mayor
Approved as to legal form:
ity Attorney