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<br />I <br /> <br />I <br /> <br />I <br /> <br />APPENDIX B <br /> <br />CITY OF SAN MARCOS <br /> <br />TEXAS PUBLIC FlJNDS INVESTMENT ACT <br />CERTIFICATION BY BUSINESS ORGANIZATION <br /> <br />This certification is executed on behalf of the City of San Marcos ("the City") and <br />("the Business Organization") pursuant to the Public Funds <br />Investmem Act, Chapter 2256, Texas Government Code ("the Act") in COIU1cclion with investment <br />transactions conducted between the City and the Business Organization. <br /> <br />The undersigned Authorized Representative certifies on behalf of the Business Organization that: <br /> <br />1. The undersigned 15 an Authorized Representative ofthe Business Organization offering <br />LO enter into an investment transaction with the Investor as such tenus arc used in the <br />Public Funds lnvestment Act, Chapter 2256, Texas Government Code, and <br />2. The Representathe of the Business Organization, and the broker, have received and <br />thoroughly revic\ved the Investment Policy of the City, and <br />3, The Business Organization has implemented reasonable procedures and controls in an <br />effort to preclude investment transaction conducted between the Busmess Organiz.ation <br />and the City that arc not authorized by the City's Investment Policy, except to the extent <br />that this authori.7.ation is dependent on an analYSIS of the makeup of the City's emire <br />portfolio Or requires an interpretation of subjective mvestment standards, <br /> <br />RepresentatIVe's Signature <br /> <br />Printed Nam e <br /> <br />Title <br /> <br />Broker's Signature <br /> <br />Printed Name <br /> <br />Title <br /> <br />Date <br /> <br />City of San Marcos Investment PoHcy <br /> <br />Page 17 <br />