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HomeMy WebLinkAboutRES 99-147 RESOLUTION NO. 7 BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT: THAT the City Council hereby approves the pledge by Hibernia National Bank of the following security which will be held at the Federal Reserve Bank, Atlanta, effective May 20, 1999: Receipt# Description Current Value Market Value 31294JV47 FHLMC, 6.5% due 3/1/14 $5,100,000.00 $5,080,411.41 PASSED BY THE CITY COUNCIL of the City of Beaumont this the ,// day of �ce i 11999. - ayor - �', i�