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HomeMy WebLinkAboutRES 04-007 RESOLUTION NO. 04-007 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, effective January 6, 2004. Cusip No. Description Face Value Market Value PLEDGE 313402CRR5 FNMA, 4.35%, Duel 1/01/33 $1,000,000 $998,437.50 PASSED BY THE CITY COUNCIL of the City of Beaumont this the 13th day of January, 2004. - May Evelyn M. Lord -