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HomeMy WebLinkAboutRES 99-019 RESOLUTION NO. -/ BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT: THAT the City Council hereby approves a Surety Bond issued by MBIA Insurance Corporation pledged by Chase Bank of Texas, N.A. in the following amounts, effective January 15, 1999 in order to accommodate increased deposits: Receipt# Description Current Value Market Value MBIA Certificate of Insurance 1178 (Surety Bond) $840,000.00 $840,000.00 PASSED BY THE CITY COUNCIL of the City of Beaumont this the / day of � ����.1� ' 1999. - Mayor -