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HomeMy WebLinkAboutRES 85-212 R E S O L U T I O N WHEREAS, the City has contracted with MBank-Beaumont as a City depository bankfor investment purposes; and, WHEREAS, MBank-Beaumont wishes to have the City release the following security being held at MBank-Houston: RECEIPT NO. DESCRIPTION PAR VALUE 633679 Federal Land Banks Bond, 8 .80%; $ 150,000.00 due 10/21/85; Cusip Number 901178BG7 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT: THAT M-Bank of Beaumont, Texas be permitted to release the above-described security and a certified copy of this resolution shall constitute evidence of the authority of MBank of Beaumont, Texas to make said release. PASSED BY THE CITY COUNCIL of the City of Beaumont this the day of 1985. .n. Mayor -