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HomeMy WebLinkAbout027772 RES - 07/22/2008Page 1 of 2 RESOLUTION AUTHORIZING THE CITY MANAGER OR HIS DESIGNEE TO EXECUTE ONE-YEAR PROFESSIONAL SERVICES CONTRACT WITH PATTERSON CAPITAL MANAGEMENT, L.P. DBA PATTERSON AND ASSOCIATES, OF AUSTIN, TEXAS IN AMOUNT OF $32,000 FOR INVESTMENT AND MANAGEMENT OF PUBLIC FUNDS. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF CORPUS CHRISTI, TEXAS: SECTION I. Pursuant to Section 2256.003 (b) of the Texas Government Code, the City Council of Corpus Christi, Texas authorizes the City Manager or his designee to execute a one-year professional services contract with Patterson Capital Management, L.P. dba Patterson and Associates, of Austin, Texas, in amount of $32,000, for investment and management of City funds and other funds under control of City. A copy of the agreement is on file with the City Secretary's Office. ATTEST: Armando Chapa City Secretary APPROVED this July 11, 2008. Lisa Aguilar Assistant City Attorney For City Attorney CITY OF ORPUS CHRISTI, TEXAS "A-1' 4 I.1 .,i Henry Garre Mayor 027772 H:ILEG-❑1RILisa12008 Resolutions\Patterson & Associates.doc Corpus Christi, Texas f , 2008 The above resolution was passed by the following vote: Henry Garrett Melody Cooper Larry Elizondo, Sr. Mike Hummel) Bill Kelly Priscilla G. Leal John E. Marez Nelda Martinez Michael McCutchon aiattiMak 027772