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Home My WebLink AboutResolutions R25-05-741 - 05/05/2025 - GA FUND 1-2331-TSPLOSTGEORGIA FUND 1 (Local Government Investment Pool “LGIP”) Resolution to Authorize Investment and Designate Representatives GF1 Acct# |___________| Effective Date*|___________| Revised 08/10/21 PARTICIPANT INFORMAT ION Participant Name: |_________________________________________________________________| TIN: |___________________| Physical Address: |________________________________________| City: |____________________| State: |___| Zip Code: |_______| Mailing Address: |________________________________________| City: |____________________| State: |___| Zip Code: |_______| This Resolution is for: New Account Amendment to an existing account GF1 Account Number (New): |____________| GF1 Account Number (Amended): |____________| If change(s) are applicable to other existing accounts, please submit a new resolution for each applicable account. WHEREAS, O.C.G.A. § 36-83-1 to § 36-83-8 authorizes Georgia local governments and other authorized entities to invest funds through the local government investment pool; and, WHEREAS, all state departments, boards, bureaus, and agencies (“state entities”) and local governments may make deposits and maintain accounts in the LGIP as Participants, subject to approval by the State Depository Board as required in O.C.G.A. § 36 -83- 2(b)(4); and, WHEREAS, from time to time it may be advantageous to (Name of Local Government, Political Subdivision or State Agency) to deposit funds available for investment in Georgia Fund 1 (hereinafter referred to as the local government investment pool) as it may deem appropriate; and, WHEREAS, to provide for the safety of such funds deposited in the local government investment pool, investments are restricted to those enumerated by O.C.G.A. §36-83-4. Pursuant to the investment policies established by the State Depository Board, the State Treasurer shall invest moneys in the local government investment pool considering first the probable safety of capital and then the probable income to be derived; and, WHEREAS, such deposits must first be duly authorized by the governing authority of the local government or authorized entity and a certified copy of the resolution authorizing such investment filed with the State Treasurer; and WHEREAS, such resolution must name the official(s) authorized to make deposits or withdrawals of funds in the local government investment pool; and, WHEREAS, O.C.G.A. §36-83-8 requires a statement of the approximate cash flow requirements of the local government or authorized entity pertaining to the investment of such funds; NOW, THEREFORE BE IT RESOLVED by the (Board, Council or other Governing Authority) that (Local Government, Political Subdivision, or State Agency) meets the criteria as defined in O.C.G.A. § 36 -83-3 to participate and deposit funds from time to time in the manner prescribed by law and in accordance with the applicable policies and procedures for the local government investment pool. Docusign Envelope ID: F050EEF7-AD5C-4D39-AF73-984BC9505F39 Mayor and City Council GA 2006 Heritage Walk 51-0608862City of Milton Milton 30004 City of Milton X 2006 Heritage Walk 04/30/2025 2331-153918 City of Milton Milton 30004GA 0000 2331 GEORGIA FUND 1 (Local Government Investment Pool “LGIP”) Resolution to Authorize Investment and Designate Representatives GF1 Acct# |___________| Effective Date*|___________| Revised 08/10/21 AUTHORIZED R EPRESENTATIVES OF TH E PARTICIPANT Any one of the following individuals shall be authorized to deposit and/or withdraw funds from the local government investmen t pool on behalf of the Participant: (Please select at least one person for online system (IPAS) access to electronically perform authorized functions and to obtain monthly statements. All individuals currently with online access not on this resolution will be deactivated) 1. Printed Name: |___________________________________________| Telephone: |______________| Title: |___________________________________________| Cell Number: |______________| Email: |___________________________________________| Grant IPAS Access Authority: Deposit/Withdrawal/Transfer Deposit Only 2. Printed Name: |___________________________________________| Telephone: |______________| Title: |___________________________________________| Cell Number: |______________| Email: |___________________________________________| Grant IPAS Access Authority: Deposit/Withdrawal/Transfer Deposit Only 3. Printed Name: |___________________________________________| Telephone: |______________| Title: |___________________________________________| Cell Number: |______________| Email: |___________________________________________| Grant IPAS Access Authority: Deposit/Withdrawal/Transfer Deposit Only 4. Printed Name: |___________________________________________| Telephone: |______________| Title: |___________________________________________| Cell Number: |______________| Email: |___________________________________________| Grant IPAS Access Authority: Deposit/Withdrawal/Transfer Deposit Only 5. Printed Name: |___________________________________________| Telephone: |______________| Title: |___________________________________________| Cell Number: |______________| Email: |___________________________________________| Grant IPAS Access Authority: Deposit/Withdrawal/Transfer Deposit Only For additional AUTHORIZED individuals, please check and attach user information to this form. AUTHORIZED REPRESENT ATIVES OF THE PARTIC IPANT – READ ONLY In addition, and at the option of the Participant, additional authorized representative s can be designated to perform inquiry only of selected information. This limited representative cannot make deposits or withdrawals. If the Participant desires to designate a representative with inquiry rights only, complete the following information. 1. Printed Name: |___________________________________________| Telephone: |______________| Title: |___________________________________________| Cell Number: |______________| Email: |___________________________________________| 2. Printed Name: |___________________________________________| Telephone: |______________| Title: |___________________________________________| Cell Number: |______________| Email: |___________________________________________| 3. Printed Name: |___________________________________________| Telephone: |______________| Title: |___________________________________________| Cell Number: |______________| Email: |___________________________________________| For additional READ ONLY access individuals, please check and attach user information to this form. Docusign Envelope ID: F050EEF7-AD5C-4D39-AF73-984BC9505F39 steven.krokoff@miltonga.gov 678-242-2500 404-317-4336Deputy City Manager City Manager 04/30/2025 bernadette.harvill@miltonga.gov Deputy City Manager stacey.inglis@miltonga.gov X 678-242-2500 Bernadette Harvill X Steven Krokoff X X Stacey Inglis 678-242-2500 470-774-8812 X X 2331 GEORGIA FUND 1 (Local Government Investment Pool “LGIP”) Resolution to Authorize Investment and Designate Representatives GF1 Acct# |___________| Effective Date*|___________| Revised 08/10/21 PERIOD OF INVESTMENT The period in which the initial deposit is currently expected to remain invested in the local government investment pool is a minimum of 30% for no less than 30 days. Subsequent deposits should comply with the LGIP Trust Policy. D ISCLOSURES Balances are subject to investment risks, including possible loss of principal amount invested and securities that may trade at negative rates. LGIP deposits are not guaranteed or insured by any bank, the Federal Deposit Insurance Corporation (FDIC), the Federal Reserv e Board, the State of Georgia, or any other entity. The Office of State Treasurer (OST) has third -party insurance coverages designed to insure our agency against defense and liability expenses incurred due to loss/damage caused to LGIP participants by our actions. Through the Department of Administrative Se rvices, the State of Georgia may carry various insurance programs for the protection of State Agencies, Authorities, the University System of Georgia, and the Technical College System of Georgia, some of which may be LGIP participants. DOAS may carry cyber-insurance for certain executive branch agencies, as well as crime and employee dishonesty coverage for all State agencies, authorities, and higher education organizations. DOAS does not carry cyber-insurance for other LGIP participants. Damage caused by local government participants’ actions are not covered by either the State’s cyber -insurance plan or the crime and employee dishonesty plan. DOAS programs are designed to cover the actions of State organizations who participate in the vari ous insurance programs. See OST website (https://ost.georgia.gov) for the latest cyber-insurance plan information. Additional disclosures are included in the LGIP Trust Policy which is periodically updated and is available on the OST website. By authorizing this resolution, the entity acknowledges it has read and understands the LGIP Trust Policy and risks associated with investing in Georgia Fund 1. BANKING INFORMATION All withdrawals from the local government investment pool shall be sent vi a ACH to the following participant’s demand deposit account(s) except for account(s) designated as corporate trust accounts. Wires are typically used for Corporate Trust payments and always used for same-day transactions. (Please see “Instructions for Completing ACH & Wire Information” for more detailed information.)  Please verify ACH and Wire instructions with your bank and provide them below. ACH INSTRUCTIONS MAY VARY FROM YOUR BANK’S WIRING INSTRUCTIONS. IF THE LOCAL BANK IS NOT ON-LINE WITH THE FEDERAL RESERVE, PLEASE PROVIDE CORRESPONDENT BANK INSTRUCTIONS. This will ensure accurate delivery of your funds to the designated bank account.  If the bank account is not a corporate trust account, please complete both ACH & Wire instructions. Please complete the following form to add new banking instructions, or to change or delete existing banking instructions. OST will directly deposit via ACH for all ACH enabled accounts. To authorize Office of State Treasurer (OST) to withdraw funds via ACH debit from the designated bank account, please select “Yes” below your ACH banking instructions. Debit authorization may be withdrawn with at least 15-days advance written notice to the Georgia Office of the State Treasurer. I also understand that the OST reserves the right to reverse ACH electronic transfers made in error. Docusign Envelope ID: F050EEF7-AD5C-4D39-AF73-984BC9505F39 04/30/2025 2331 GEORGIA FUND 1 (Local Government Investment Pool “LGIP”) Resolution to Authorize Investment and Designate Representatives GF1 Acct# |___________| Effective Date*|___________| Revised 08/10/21 BANKING INSTRUCTIONS Bank 1: Bank Name: |___________________________________________| Account Title: |________________________________________| Bank Address: |___________________________________________| City: |___________________________________________| State: |___| Zip Code: |_______| Bank Contact: |___________________________________________| Bank Contact Telephone Number: |______________| Corporate Trust Account: No Yes (If Yes, confirm preferred method of transfer, ACH or Wire) ACH Instructions Bank ABA Number: |_____________| Bank Account Number: |___________________| Allow OST to ACH Debit for Contributions: Yes. If there is a debit block on this account, please provide the bank OST’s Company ID: 1581125844. No. Participant will be responsible for sending a wire for any contributions made to the Georgia Fund 1 account. WIRE Instructions Bank ABA Number: |_____________| Bank Account Number: |___________________| Addendum Information: |___________________________________________________________| Correspondent Bank Instructions Required? Yes No Attach Correspondent Bank Wire Instruction Correspondent Bank Name: |_______________________________________| Correspondent Bank ABA#: |_____________| Correspondent Bank City: |_______________________________________| Correspondent Bank Account#: |_________________| Bank 2: Bank Name: |___________________________________________| Account Title: |________________________________________| Bank Address: |___________________________________________| City: |___________________________________________| State: |___| Zip Code: |_______| Bank Contact: |___________________________________________| Bank Contact Telephone Number: |______________| Corporate Trust Account: No Yes (If Yes, confirm preferred method of transfer, ACH or Wire) ACH Instructions Bank ABA Number: |_____________| Bank Account Number: |___________________| Allow OST to ACH Debit for Contributions: Yes. If there is a debit block on this account, please provide the bank OST’s Company ID: 1581125844. No. Participant will be responsible for sending a wire for any contributions made to the Georgia Fund 1 account. WIRE Instructions Bank ABA Number: |_____________| Bank Account Number: |___________________| Addendum Information: |___________________________________________________________| Correspondent Bank Instructions Required? Yes No Attach Correspondent Bank Wire Instruction Correspondent Bank Name: |_______________________________________| Correspondent Bank ABA#: |_____________| Correspondent Bank City: |_______________________________________| Correspondent Bank Account #: |_________________| Docusign Envelope ID: F050EEF7-AD5C-4D39-AF73-984BC9505F39 Pooja Brish N/A 303 Peachtree St, 32nd FL GA 04/30/2025 1000137235791 404-414-2353 061000104 X Atlanta 30308 1000137235791061000104 City of Milton Depository Account X Truist Bank 2331 GEORGIA FUND 1 (Local Government Investment Pool “LGIP”) Resolution to Authorize Investment and Designate Representatives GF1 Acct# |___________| Effective Date*|___________| Revised 08/10/21 Bank 3: Bank Name: |___________________________________________| Account Title: |________________________________________| Bank Address: |___________________________________________| City: |___________________________________________| State: |___| Zip Code: |_______| Bank Contact: |___________________________________________| Bank Contact Telephone Number: |______________| Corporate Trust Account: No Yes (If Yes, confirm preferred method of transfer, ACH or Wire) ACH Instructions Bank ABA Number: |_____________| Bank Account Number: |___________________| Allow OST to ACH Debit for Contributions: Yes. If there is a debit block on this account, please provide the bank OST’s Company ID: 1581125844. No. Participant will be responsible for sending a wire for any contributions made to the Georgia Fund 1 account. WIRE Instructions Bank ABA Number: |_____________| Bank Account Number: |___________________| Addendum Information: |___________________________________________________________| Correspondent Bank Instructions Required? Yes No Attach Correspondent Bank Wire Instruction Correspondent Bank Name: |_______________________________________| Correspondent Bank ABA#: |_____________| Correspondent Bank City: |_______________________________________| Correspondent Bank Account #: |_________________| Bank 4: Bank Name: |___________________________________________| Account Title: |________________________________________| Bank Address: |___________________________________________| City: |___________________________________________| State: |___| Zip Code: |_______| Bank Contact: |___________________________________________| Bank Contact Telephone Number: |______________| Corporate Trust Account: No Yes (If Yes, confirm preferred method of transfer, ACH or Wire) ACH Instructions Bank ABA Number: |_____________| Bank Account Number: |___________________| Allow OST to ACH Debit for Contributions: Yes. If there is a debit block on this account, please provide the bank OST’s Company ID: 1581125844. No. Participant will be responsible for sending a wire for any contributions made to the Georgia Fund 1 account. WIRE Instructions Bank ABA Number: |_____________| Bank Account Number: |___________________| Addendum Information: |___________________________________________________________| Correspondent Bank Instructions Required? Yes No Attach Correspondent Bank Wire Instruction Correspondent Bank Name: |_______________________________________| Correspondent Bank ABA#: |_____________| Correspondent Bank City: |_______________________________________| Correspondent Bank Account #: |_________________| Docusign Envelope ID: F050EEF7-AD5C-4D39-AF73-984BC9505F39 04/30/2025 2331 GEORGIA FUND 1 (Local Government Investment Pool “LGIP”) Resolution to Authorize Investment and Designate Representatives GF1 Acct# |___________| Effective Date*|___________| Revised 08/10/21 Bank 5: Bank Name: |___________________________________________| Account Title: |________________________________________| Bank Address: |___________________________________________| City: |___________________________________________| State: |___| Zip Code: |_______| Bank Contact: |___________________________________________| Bank Contact Telephone Number: |______________| Corporate Trust Account: No Yes (If Yes, confirm preferred method of transfer, ACH or Wire) ACH Instructions Bank ABA Number: |_____________| Bank Account Number: |___________________| Allow OST to ACH Debit for Contributions: Yes. If there is a debit block on this account, please provide the bank OST’s Company ID: 1581125844. No. Participant will be responsible for sending a wire for any contributions made to the Georgia Fund 1 account. WIRE Instructions Bank ABA Number: |_____________| Bank Account Number: |___________________| Addendum Information: |___________________________________________________________| Correspondent Bank Instructions Required? Yes No Attach Correspondent Bank Wire Instruction Correspondent Bank Name: |_______________________________________| Correspondent Bank ABA#: |_____________| Correspondent Bank City: |_______________________________________| Correspondent Bank Account#: |_________________| Bank 6: Bank Name: |___________________________________________| Account Title: |________________________________________| Bank Address: |___________________________________________| City: |___________________________________________| State: |___| Zip Code: |_______| Bank Contact: |___________________________________________| Bank Contact Telephone Number: |______________| Corporate Trust Account: No Yes (If Yes, confirm preferred method of transfer, ACH or Wire) ACH Instructions Bank ABA Number: |_____________| Bank Account Number: |___________________| Allow OST to ACH Debit for Contributions: Yes. If there is a debit block on this account, please provide the bank OST’s Company ID: 1581125844. No. Participant will be responsible for sending a wire for any contributions made to the Georgia Fund 1 account. WIRE Instructions Bank ABA Number: |_____________| Bank Account Number: |___________________| Addendum Information: |___________________________________________________________| Correspondent Bank Instructions Required? Yes No Attach Correspondent Bank Wire Instruction Correspondent Bank Name: |_______________________________________| Correspondent Bank ABA#: |_____________| Correspondent Bank City: |_______________________________________| Correspondent Bank Account #: |_________________| For additional BANK ACCOUNTS, please check and attach bank instructions to this form. Docusign Envelope ID: F050EEF7-AD5C-4D39-AF73-984BC9505F39 04/30/2025 2331 GEORGIA FUND 1 (Local Government Investment Pool “LGIP”) Resolution to Authorize Investment and Designate Representatives GF1 Acct# |___________| Effective Date*|___________| Revised 08/10/21 SIGNATURE OF HEAD OF GOVERNING AUTHORITY Changes in the above authorization shall be made by cancellation or a replacement resolution delivered to the Office of the State Treasurer. Until such a replacement resolution is received and approved by the Office of the State Treasurer, the above authorized individuals, demand account instructions and statement mailing address(es) shall remain in full force and effect. Entered at , Georgia this day of 20 . (Signature of Head of Governing Authority) (Please Print or Type - Head of Governing Authority) (Title) Please select “Option A” OR “Option B” Option A: Notary Certification Notary Public Signature: Notary Public Signature Date: Commission Expiration Date: Option B: OST Certification Head of Governing Authority signatory attestation by OST Personnel: OST Personnel Name: OST Personnel Signature: OST Personnel Signature Date: MAILING INSTRUCTIONS If completed manually, please complete and return a signed original to: Georgia Fund 1 Telephone: (404) 656-2993 Office of the State Treasurer Toll Free: (800) 222-6748 200 Piedmont Avenue Suite 1204, West Tower Atlanta, GA 30334-5527 NOTARY SEAL Docusign Envelope ID: F050EEF7-AD5C-4D39-AF73-984BC9505F39 04/30/2025 Mayor Peyton Jamison Milton May 255th Reviewed attached documentationX NO attached documentation to review 5/16/2025 Lynn Bolton 2331 ***FOR OFFICE OF THE STATE TREASURER USE ONLY*** GF1 Resolution Verification Revised 8/10/21 RESOLUTION VERIFICAT ION Acct#: |_____________________________________________________________________________________| Agency Name: |_____________________________________________________________________________________| Website: |_____________________________________________________________________________________| Website Phone: |_____________________________________________________________________________________| Confirmed by: |_____________________________________________________________________________________| Verified by: |_____________________________________________________________________________________| Date & Time: |_____________________________________________________________________________________| Identity Validation Method: |_____________________________________________________________________________________| BUSINESS CONTACTS & IPAS Removed from Contacts: |_____________________________________________________________________________________| Added to Contacts: |_____________________________________________________________________________________| New IPAS Account: |_____________________________________________________________________________________| Removed From IPAS: |_____________________________________________________________________________________| INTERNAL SIGNATURES Received (FA) Notary/ OST Certified (IA) Agency Head (IA) Verified (IA) Public Entity (IA) Accounting Banking Contacts (FA) IPAS (FA) Email (FA) Master Log (FA) Contacts (IA) IPAS (IA) Uploaded (FA) New/Amended Account Approved (Treasurer/Deputy Treasurer) Docusign Envelope ID: F050EEF7-AD5C-4D39-AF73-984BC9505F39 Viewed Mayor Jamison via Driver's License through Teams on 5/16/2025 Notes 2331 Notes Notes NotesNotesNotes City of Milton 678-242-2500 5/28/25 @ 11:50A Stacy Inglis miltonga.gov Mary Ballard Bank Admin Review Necessary Steven Krokoff, Stacey Inglis, Bernadette Harvill Karen Ellis Steven Krokoff, Stacey Inglis, Bernadette Harvill Karen Ellis