The Board of Managers approved a resolution naming the specific district officers and administrators who are authorized to act on HISD's behalf for banking and investment matters, including the depository contract.

What it means for you

This is an administrative housekeeping measure; it determines which HISD officials can legally conduct banking and investment transactions on behalf of the district.

Outcome

Adopted as part of the board's consent agenda, not by individual vote: "On motion by board member Colón, with a second by Board Secretary Mendoza, voted to approve the remainder of the items on the agenda by consensus."