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RESOLUTION NO. 2025-138 <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN <br /> ARCOS,TEXAS APPROVING A CONTRACT WITH MEEDER PUBLIC <br /> FUNDS INC FOR INVESTMENT MANAGEMENT SERVICES OVER A <br /> PERIOD OF TWO YEARS, WITH FEES IN THE AMOUNT OF THREE <br /> BASIS POINTS (0.03%) OF ASSETS, TO INCLUDE SECURITIES AND <br /> BONDS UNDER MANAGEMENT IN THE CUSTODIAL ACCOUNT; <br /> AUTHORIZING THE CITY MANAGER, OR HER DESIGNEE, TO <br /> EXECUTE THE CONTRACT ON BEHALF OF THE CITY; AND <br /> DECLARING AN EFFECTIVE DATE. <br /> BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br /> TEXAS: <br /> PART 1. A contract with Meeder Public Funds Inc. for Investment Management <br /> Services over a period of two years in the amount of three points (0.03%) of assets to include <br /> securities and bonds under management in the custodial account, after selection through the <br /> Request for Proposals process in May 2025, is approved. <br /> PART 2. The City Manager, or her designee, is authorized to execute the contract on <br /> behalf of the City. <br /> PART 3. This resolution shall be in full force and effect immediately from and after <br /> its passage. <br /> ADOPTED on August 5, 2025. <br /> ane Hughson�`" <br /> Mayor <br /> Attest: <br /> Elizabeth Trevino <br /> City Clerk <br />