ORDER NO. 30819
BROKER/DEALER LIST FOR KERB COUNTY INVESTMENTS
Came to be heard this the 28th day of April, 2008, with a motion made by
Commissioner Letz, seconded by Commissioner Williams. The Court
unanimously approved by vote of 4-0-0 to:
Approve the Broker/Dealer List as submitted, and amended to add after A. G.
Edwards"/Wachovia Securities":
A. G. Edwards/Wachovia Securities
Bank of America
Bank of the Hills
Barclays
Broadway Bank
Citigroup (formerly Salomon Smith Barney)
Edward Jones
Frost Bank
Hill Country State Bank
Klein Bank
JPMorgan Chase
Merrill Lynch
Mizuho Securities
Morgan Keegan
Morgan Stanley
Security State Bank
TexPool
Tex Star
Union State Bank
Vining Sparks
Wells Fargo
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COMMISSIONERS' COURT AGENDA REQUEST
MADE BY: Paula J. Hargis
MEETING DATE: Apri128, 2008
OFFICE: Auditor's Office
TIME PREFERRED:
SUBJECT: Consider, Discuss, and Take Appropriate Action on Broker/Dealer List for
Kerr County in accordance with the Public Funds Investment Act (TX Gov't Code
2256.005(k). The broker/dealer list must be approved by Commissioners Court before
Kerr County can transact business with these dealers. This list can be added to or a
broker can be deleted by the Commissioner's Court at any time.
EXECUTIVE SESSION REQUESTED: (PLEASE STATE REASON)
NAME OF PERSON ADDRESSING THE COURT: Paula J. Hargis
ESTIMATED LENGTH OF PRESENTATION: 5 minutes
IF PERSONNEL MATTER -NAME OF EMPLOYEE:
Time for submitting this request for Court to assure that the matter is posted in
accordance with Title 5, Chapter 551 and 552, Government Code, is as follows:
Meeting scheduled for Mondays:
THIS REQUEST RECEIVED BY:
THIS RQUEST RECEIVED ON:
5:00 PM previous Tuesday
@ .M.
All Agenda Requests will be screened by the County Judge's Office to determine if adequate
information has been prepared for the Court's formal consideration and action at time of Court
Meetings. Your cooperation will be appreciated and contribute towards your request being
addressed at the earliest opportunity. See Agenda Request Rules Adopted by Commissioners'
Court.
Kerr County
Authorized Broker/Dealer List
March 2008
The authorized broker/dealer list for Kerr County is shown below. Each of these firms, and the
individual covering the account, are sent the current Investment Policy. In accordance with the Public
Funds Investment Act (TX Gov't Code 2256.005(k)) before any broker/dealer transacts business with the
County it will have had to certify in writing to a review of the Policy and have certified that procedures
are in place to assure compliance with that Policy.
The County's Policy establishes specific criteria for the brokers and requires that the list of broke/dealers
be approved annually by the Board. Patterson & Associates maintains the brokerage compliance files for
the County.
When any material changes are made to the Investment Policy the new Policy is sent out for re-
certification.
A. G. Edwards
Bank of America
Bank of the Hills
Barclays
Broadway Bank
Citigroup (formerly Salomon Smith Barney)
Edward Jones
Frost Bank
Hill County State Bank
Klein Bank
JPMorgan Chase
Merrill Lynch
Mizuho Securities
Morgan Keegan
Morgan Stanley
Security State Bank
TexPool
Tex Star
Union State Bank
Vining Sparks
Wells Fargo