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HomeMy WebLinkAboutInstrument of Adoption FL Surplus Asset Fund Trust 10-3-13 i i INSTRUMENT OF ADOPTION I For the Fixed Income Investment Program of the Florida Surplus Asset Fund Trust (hereinafter"FL SAFE" or"Trust") This Instrument of Adoption("Instrument") is execu d as of the 3 day of 1 Ord 86 2 , 2013 by and on behalf of e`' d f C(E i°"I Pii'k i"°L' Reference is made to that certain Indenture of Trust for the Florida Surplus Asset Fund Trust, dated as of December 11, 2007, made by and among certain Initial Participants (as defined therein) and such additional Participants who may have heretofore and may hereafter join therein,and as may have been and may be modified or amended as provided therein (the "Indenture of Trust"). Capitalized terms not defined in this Instrument shall have the meanings given in the Indenture of Trust. 1 By executing this Instrument, the undersigned represents and warrants that(a)the j undersigned is a Local Government Entity as defined in the Indenture of Trust; (b) the person executing this Instrument on behalf of the undersigned is the treasurer, chief financial officer, or other local official who is properly authorized to invest the surplus public funds of the undersigned, and is thus a Treasurer as defined in the Indenture of Trust; and(c)the undersigned has previously executed an Instrument of Adoption of that certain Indenture of ITrust for the Florida Surplus Asset Fund Trust. By executing this Instrument, the undersigned agrees that • That the Treasurer or those acting on behalf of the Treasurer shall make use of, from time to time, Fixed Income Investments through a program of FL SAFE but not a purchase of shares or an investment in FL SAFE, and which are legal under Florida investment statutes and that which are also permitted by this Local Government Entity's investment policy; • That monies of this Local Government Entity may be invested at the discretion of the Treasurer or those acting on behalf of the Treasurer through in the Trust's Fixed Income Investment Program through the intermediaries PMA Securities, Inc., PMA 1 Financial Network, Inc., and Prudent Man Advisors, Inc. and/or their successors, and held in safekeeping or custody in a financial institution acceptable to PMA and this Local Government Entity; • That this Local Government Entity may open depository accounts, make permitted investments, enter into wire transfer agreements, safekeeping agreements, third party surety agreements securing deposits, collateral agreements, letters of credit, and lockbox agreements with institutions participating in FL SAFE programs including U.S. Bank, its successor, or programs of PMA Financial Network, Inc., PMA 1 Securities, Inc., or Prudent Man Advisors, Inc. Monies of this Local Government 1 Entity may be deposited in eligible depositories, from time to time in the discretion of the Authorized Officials, pursuant to the Fixed Income Investment Program available to participants of the Trust through the intermediaries PMA Financial Network, Inc. and PMA Securities, Inc. or Prudent Man Advisors, Inc. PMA Financial Network, Inc., PMA Securities, Inc. and/or Prudent Man Advisors, Inc. are authorized to act on behalf of this Local Government Entity as its agent with respect to such accounts and agreements; and • That the Treasurer or those acting on behalf of the Treasurer may execute account i 1 1 I agreements, applications and other applicable documents and agreements, as necessary, with PMA Financial Network, Inc., PMA Securities, Inc., Prudent Man 1.I Advisors, Inc., and U.S. Bank and/or their successors. l IN WITNESS WHEREOF, the undersigned has executed this Instrument as of the day first above written. i PARTICIPANT 1 4.01/,: K2� � " I fi 4 By: ITreasurer as defined herein 1 STATE OF FLORIDA 1 COUNTY OF Bre-Nara. r� The foregoing instrument was sworn to and subscribed before me this 3 day of dbQr , 2013, by ,A L.(r4.. t en , as Treasurer(as defined in the foregoing 1 1)4,A instrument) of Ci.� o1 e C. .se't-M , a md+,�cr. a\ Cp rafi01n . Such person is personally known to me o� has produced P (type of identification) as identification. I lik Nota Public, Stat d#Florida PiA C la M ApperstA (Print,Type or Stamp Commissioned Name of i Notary Public) I 3 ,a las MY COMMISSION k DD 980118 Nu EXPIRES:April 13,2014 Rf A` Bonded Notary Public Undervehrs 1 1 1 i 2 3 1 I 1