HomeMy WebLinkAboutRES 83-369 R E S O L U T I O N
WHEREAS, the City of Beaumont and the Texas Commerce Bank
of Beaumont, Texas, entered into a contract October 1 , 1981 , whereby
it was provided that the Texas Commerce Bank , N.A. , of Beaumont,
Texas, would pledge with the City Council of the City of Beaumont
certain securities in lieu of giving bond as City Depository; and,
WHEREAS, the Texas Commerce Bank of Beaumont, Texas, wishes
to withdraw the following securities from the Texas Commerce Bank
Houston, N.A. :
RECEIPT NO. DESCRIPTION PAR VALUE
70690 U. S. Treasury; due 10/15/89 $ 200 ,000 .00
13060 Arlington Memorial Hospital Fdn; 150,000 .00
due 3/01/84
13070 Arlington Memorial Hospital Fdn; 375,000 .00
due 3/01/84
13080 Arlington Memorial Hospital Fdn; 1 ,400 ,000 .00
due 3/01/84
07180 Lower Colorado River Authority 100,000.00
Rev; due 5/01/84
08760 Plano WS Rev; due 5/01/84 60,000 .00
05360 University of Texas Puf Rev; 250,000 .00
due 7/01/84
09860 Texas College Student Loan; 50,000 .00
due 8/01/84
11750 Brookfield Mud WW&SS Rev; 30,000 .00
due 9/01/84
12260 Beaumont WW Sys Rev Refd Esc; 70,000 .00
due 9/01/84
13160 Taylor IDC ( Intercraft) ; due 9/01/84 150,000.00
07500 Dallas Co CCD; due 12/01/84 125,000 .00
10280 Livingston ISD U/T; due 12/15/84 30,000.00
10700 Tyler ISD UT; due 1/01/85 200,000 .00
11850 Cross Roads ISD U/T; due 1/15/85 45,000 .00
09940 Alvin J C D; due 2/01/85 75 000 .00
10010 Baytown; due 2/01/85 50000 .00
11240 Terrell; due 2/01/85 30,000 .00
12560 Huffman ISD U/T; due 2/01/85 50,000 .00
11530 Clear Lake City Water Auth; 100,000 .00
due 3/01/85
11720 Jersey Village; due 3/15/85 50,000 .00
01950 Port Dev Corp ( Paktank-Deer Pk) ; 100,000.00
due 4/01/85
RECEIPT NO. DESCRIPTION PAR VALUE
10830 We stheimer RD MUD W&S Comb Rev; $ 35,000 .00
due 4/01/85
12420 Webster; due 4/01/85 50,000 .00
08750 Plano WS Rev; due 5/01/85 60,000 .00
05140 Corpus Christi ISD U/T; due 7/01/85 100 ,000 .00
05380 Tarrant Co; due 7/10/85 100,000 .00
05450 San Antonio ISD U/T; due 7/15/85 140,000 .00
01980 El Paso CO IDR (Western Tesco) ; 140,000 .00
due 8/01/85
11450 Glenshire MUD Assumed; due 8/01/85 35,000 .00
11760 Brookfield MUD WW&SS Rev; 30,000 .00
due 9/01/85
12270 Beaumont WW Sys Rev Refd Esc; 70,000 .00
due 9/01/85
09610 Houston Sports Arena Rev; 75,000.00
due 12/01/85
10290 Livingston ISD U/T; due 12/15/85 30 ,000 .00
01840 FT Bend IDC (EPS) ; due 1/01/86 105,000 .00
10760 Tyler ISD UT; due 1/01/86 200,000.00
05510 Brazos R A Canal Rev; due 2/01/86 90,000 .00
05750 Sweeny ISD U/T; due 2/01/86 100 ,000 .00
09140 Cypress-Fairbanks ISD UT; 50,000 .00
due 2/01/86
09920 Alvin J C D; due 2/01/86 75,000 .00
10020 Baytown; due 2/01/86 50,000 .00
11090 Terrell; due 2/01/86 35,000 .00
12560 Ft. Bend Co Levee Imp Dist #2 ; 100,000 .00
due 2/15/86
08290 Port of Port Arthur ND; 60,000 .00
due 3/01/86
08870 Dallas WS Rev SR 73 Refd ; 100,000 .00
due 4/01/86
10840 Westheimer RD MUD W&S Comb Rev; 40 ,000 .00
due 4/01/86
12430 Webster; due 4/01/86 50,000 .00
08900 Arlington ISD U/T; due 4/15/86 100,000 .00
09460 Lubbock EL&PWR Sys Rev; due 4/15/86 25,000 .00
10980 Lubbock; due 4/15/86 80,000 .00
07110 El Paso ISD U/T; due 5/01/86 50,000 .00
08740 Plano WS Rev; due 5/01/86 60,000 .00
07620 Texas A&I Univ Gen Fee Rev; 60,000 .00
due 6/01/86
09310 Victoria Co JCD; due 7/01/86 25,000 .00
11770 Brookfield MUD WW&SS Rev; 35,000 .00
due 9/01/86
12280 Beaumont WW Sys Rev Refd Esc; 70,000 .00
due 9/01/86
13170 Taylor IDC ( Intercraft) ; due 9/01/86 150,000.00
06760 Sherman W/S Rev; due 10/01/86 50,000 .00
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RECEIPT NO. DESCRIPTION PAR VALUE
12950 Texas A&M Galvstn (Moody) HSNG; 85,000 .00
due 10/01/86
07080 D-FW Reg ARPT JT Rev SR 70 ; $ 80,000 .00
due 11/01/86
09620 Houston Sports Arena Rev; 75,000 .00
due 12/01/86
10300 Livingston ISD U/T; due 12/15/86 30,000 .00
11860 Cross Roads ISD U/T; due 1/15/87 50,000 .00
05720 San Antonio ISD U/T; due 2/01/87 10,000 .00
08200 Spring Branch ISD L/T; due 2/01/87 50 ,000 .00
09150 Cypress-Fairbanks ISD UT; 50,000 .00
due 2/01/87
10030 Baytown; due 2/01/87 50 000 .00
11100 Terrell; due 2/01/87 30000.00
12570 Huffman ISD U/T; due 2/01/87 50,000 .00
09710 Arlington Comb Co & Rev; due 2/15/87 100,000 .00
06140 Lubbock; due 3/01/87 75 000 .00
11540 Clear Lake City Water Auth; 100,000 .00
due 3/01/87
11730 Jersey Village; due 3/15/87 50,000 .00
11080 Harris Cc FCD L/T; due 3/16/87 100,000 .00
10850 Westheimer Rd MUD W&S Comb Rev; 45,000 .00
due 4/01/87
12440 Webster; due 4/01/87 50 000 .00
09470 Lubbock EL&PWR Sys Rev; 25,000 .00
due 4/15/87
08730 Plano WS Rev; due 5/01/87 60 000 .00
11350 Port of Hou Auth Rev; due 5/01/87 140,000 .00
09320 Victoria Co JCD; due 7/01/87 25,000.00
05790 UNIV of Hou Gen Tuit Rev; 50,000 .00
due 8/01/87
11460 Glenshire MUD Assumed; due 8/01/87 45,000 .00
05970 Beaumont WW Sys Rev Refd Esc; 100,000 .00
due 9/01/87
11780 Brookfield MUD WW&SS Rev; 35,000 .00
due 9/01/87
12290 Beaumont WW Sys Rev Refd Esc; 70 000 .00
due 9/01/87
09630 Houston Sports Arena Rev; 75 000.00
due 12/01/87
10150 Judson ISD UT; due 12/01/87 25 000 .00
10310 Livingston ISD U/T; due 12/15/87 30,000 .00
13100 El Paso Health Fac Dev Corp; 90,000 .00
due 1/01/88
09030 Dallas Co RD U/T; due 1/10/88 75,000 .00
08190 Spring Branch ISD L/T; due 2/01/88 90,000.00
09160 Cypress-Fairbanks ISD UT; 50,000 .00
due 2/01/88
10040 Baytown; due 2/01/88 50,000.00
10910 Terrell; due 2/01/88 35,000 .00
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RECEIPT NO. DESCRIPTION PAR VALUE
11270 Ft. Worth; due 3/01/88 100,000 .00
10860 Westheimer RD MUD W&S Comb Rev; 45,000 .00
due 4/01/88
12450 Webster; due 4/01/88 $ 50 ,000 .00
09480 Lubbock EL&PWR Sys Rev; 25,000 .00
due 4/15/88
09730 Plano WS Rev; due 5/01/88 60 000 .00
10400 Irving ISD U/T; due 6/01/88 75000 .00
07660 Brownsville ISD U/T; due 6/15/88 40 ,000.00
08850 Bryan Util Sys Rev SR71 Rfd; 300,000.00
due 7/01/88
09330 Victoria Co JCD; due 7/01/88 25 000 .00
05980 Beaumont WW Sys Rev Refd Esc; 100,000 .00
due 9/01/88
11790 Brookfield MUD WW&SS Rev; 35 ,000 .00
due 9/01/88
12300 Beaumont WW Sys Rev Refd Esc; 70,000 .00
due 9/01/88
13180 Taylor IDC ( Intercraft) ; due 9/01/88 185,000.00
09640 Houston Sports Arena Rev; 75,000 .00
due 12/01/88
The securities being withdrawn from the Texas Commerce Bank Houston,
N.A. are in the total amount of $9,650,000 .00 ; and,
WHEREAS, after this withdrawal the Texas Commerce Bank of
Beaumont, Texas will have $15,225,000.00 pledged to protect the
deposits of the said City of Beaumont, Texas, and this amount is
adequate.
NOW, THEREFORE, BE IT RESOLVED BY THE
CITY COUNCIL OF THE CITY OF BEAUMONT:
THAT Texas Commerce Bank of Beaumont, Texas, be permitted to withdraw
the above-described securities, and a certified copy of a this
resolution shall constitute evidence of the authority of Texas
Commerce Bank of Beaumont, Texas, to make said withdrawal and
pledge.
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;e-JP1.3 -3
PASSED BY THE CITY COUNCIL of the City of Beaumont this the
_Z,rll, day o f 19�.
s_
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