RESOLUTION 025-09 ADOPTING A LIST OF QUALIFIED BROKERS AUTHORIZED TO ENGAGE IN INVESTMENT TRANSACTIONS WITH THE WOODLANDS TOWNSHIP

WHEREAS, The Woodlands Township, the successor by name change to the former Town Center Improvement District of Montgomery County, Texas (the “Township”) is a body politic and corporate and a governmental agency of the State of Texas, created, established and operating pursuant to Chapter 289, Acts of the 73rd Texas Legislature, Regular Session; and

WHEREAS, Section 2256.025, Texas Government Code, as amended, requires that the of the Township adopt not less than annually a specific list of authorized counterparties with whom the Township is authorized to engage in investment transactions; Now, Therefore,

BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE WOODLANDS TOWNSHIP, THAT:

Section 1: The Board of Directors of the Township hereby adopts the list attached hereto as Exhibit “A” as the list of qualified brokers that are authorized to engage in investment transactions with the Township effective January 1, 2010.

Section 2: The provisions of this Resolution shall be effective as of its date of approval by the Board of Directors and shall remain in effect until modified by action of the Board of Directors, and any resolution heretofore adopted by the Board of Directors adopting a list of qualified brokers that are authorized to engage in investment transactions with the Township shall be and is hereby revoked as of the effective date of this Resolution.

PASSED AND APPROVED this 16th day of December, 2009.

THE WOODLANDS TOWNSHIP

______Chairman, Board of Directors

______Secretary, Board of Directors

(SEAL)

EXHIBIT "A" LIST OF AUTHORIZED BROKERS

AIG Valic Frost National Bank Allegiance Bank Texas Funds Management Group, Inc. Allied Houston Bank Green Bank Amegy Bank of Texas, N.A. Guaranty Bank APS Financial Corporation Herring National Bank Banc of America Securities, N.A. Hometown Bank, N.A. Bank of America N.A. Horizon Capital Bank Bank of America Merrill Lynch Houston Community Bank N.A. Bank of Houston Houston Petroleum Bank Bank of Texas N.A. HypoVereins Bank BBVA Compass Bank Independence Bank Bank of New York Mellon International Bank of Commerce Bank of New York Mellon Trust Co. Invesco AIM Bank of Texas, N.A. IronStone Bank Banc One Capital Markets, Inc. J.P. Morgan Securities Inc. Beal Bank SSB JPMorgan Chase Bank, N.A. Blackrock Investments, Inc. JPMorgan Trust Company, N.A. Capital Bank Legacy Bank of Texas Capital One Legg Mason, Inc. Central Bank Lehman Brothers Inc. Chase Investment Services Corp. Libertad Bank Chasewood Bank LOGIC (Local Gov't. Investment Citibank Cooperative) Citi Group Smith Barney Lone Star Bank Citizens Bank Lone Star Investment Pool Coastal Securities Ltd. LPL Financial Services Comerica Bank Main Street Bank Comerica Securities, Inc. MBIA Texas C.L.A.S.S. Commercial State Bank Merchants Bank CommunityBank of Texas, N.A. Merrill Lynch & Co. Community State Bank Metro Bank N.A. Community State Bank Austin Midkiff & Stone Capital Group, Inc. Compass Bank MidSouth Bank Countrywide Bank Moody National Bank Duncan Williams, Inc. Morgan Keegan & Co. Edward Jones Dean Witter Encore Bank New First National Enterprise Bank Northern Trust Federated Investors Inc. Oasis Bank Financial Northeastern North Houston Bank First Bank Norwest Investment Services, Inc. First Bank and Trust East Texas Omni Bank N.A. First Bank Burkburnett First Bank of Conroe Patriot Bank First Choice Bank PlainsCapital First Citizens Bank Post Oak Bank First Community Bank, N.A. Preferred Bank First National Bank Principal Financial Group First National Bank of Bastrop Prosperity Bank First National Bank Texas Incorporated First Public, LLC Raymond James & Associates, Inc. RBC Dain Rauscher Incorporated First Bank Burkburnett Regions Bank First State Bank of Rosenberg Republic National Bank First Service Credit Union Royal Oaks First Southwest Company Securities of Texas, Inc. First State Bank of Rosenberg First State Bank of Texas Security State Bank N.A. First Victoria Bank Smith Barney FiServ Investor Services Southwest Securities, Inc. Founders Bank State Bank of Texas

State Street Bank & Trust Co. Sterling Bank Sun America Securities, Inc. Susquehanna Bank Texas Capital Bank N.A. Texas Citizens Bank Texas Community Bank Texas First National Bank Texas Independent Bank Texas Savings Bank SSB Texas State Bank TexPool/TexPool Prime Tex Star Investment Pool The Bank of River Oaks Third Coast Bank S.S.B. Tradition Bank Tri-Star Financial Trustmark Bank UBS Financial Services, Inc. UBS Securities LLC. Union Planters Unity National Vista Bank Texas Bank, N.A. d/b/a SouthTrust Bank Wachovia Bank, National Association , Inc. Wallis State Bank Washington Mutual Bank, F.A. Bank, N.A. Wells Fargo Brokerage Services, LLC Westbound Bank Whitney National Bank Woodforest Financial Services Woodforest National Bank

Effective January 1, 2010