oak_point_water_control_and_improvement_district_n.pdf
District Uses LOGIC Pool for Public Funds Investment
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Description
Oak Point Water Control and Improvement District No. 3 uses the Local Government Investment Cooperative to invest $931,639 of public monies across its operating, debt service, and capital project funds. These on-demand investments comply with the Texas Public Funds Investment Act and provide rated liquidity management.
Contract Details
Contract Amount
$931,639 (aggregate balance across all LOGIC accounts)
Vendor
LOCAL GOVERNMENT INVESTMENT COOPERATIVE
Agency
OAK POINT WCID 3, TX
Contract Type
FINANCIAL_SERVICES
Document Date
September 9, 2025
Renewal Info
Participation in the LOGIC pool is open-ended and governed by pool participation agreements; balances may be adjusted or withdrawn at any time without a fixed renewal date.
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