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HomeMy WebLinkAboutRES 85-182 R E S O L U T I O N WHEREAS, the City has contracted with First City National Bank of Beaumont as the City' s depository bank; and, WHEREAS, First City National Bank of Beaumont wishes to pledge the following security with the Federal Reserve Bank of Dallas-Houston Branch: RECEIPT NO. DESCRIPTION PAR VALUE 912827SFO 9 1/8 Note V 87 $1 ,000,000.00 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT: THAT the pledge of First City National Bank of Beaumont be, and the same is hereby , approved. PASSED BY THE CITY COUNCIL of the City of Beaumont this the day of 1985. Mayor -