HomeMy WebLinkAboutRES 87-100 R E S O L U T I O N
WHEREAS, the City has contracted with Texas Commerce Bank
Beaumont as a depository for investment purposes; and,
WHEREAS, Texas Commerce Bank - Beaumont wishes to release
the following securities being held at Texas Commerce Bank -
Houston, effective May 19, 1987:
RECEIPT NO. DESCRIPTION PAR VALUE
240134 Ft. Bend County Levee Imp. Dist. , $ 100,000.00
10.00%; due 2/15/1997
302587 Arlington, TX GO, 10%; due 2/1 /1990 110,000.00
381979 Belton ISD, 7%; due 1 /15/1988 110,000.00
381982 Belton ISD, 7%; due 1 /15/1991 130,000.00
381992 College Station GO, 5. 70%; 25,000.00
due 2/1 /1989
379204 Houston, TX Water, 5.75%; 100,000.00
due 12/1 /1987
382045 Missouri City, GO, 5.60%; 55,000.00
due 6/15/1988
382047 No. Texas Mun. Water, 4.75%; 100,000.00
due 9/1 /1987
250425 Texas National Guard, 6%; 100,000.00
due 4/1 /1991
249906 Texas National Guard, 6%; 100,000.00
due 4/1 /1993
NOW, THEREFORE, BE IT RESOLVED BY THE
CITY COUNCIL OF THE CITY OF BEAUMONT:
THAT Texas Commerce Bank - Beaumont be permitted to release the
above-described securities and a certified copy of this resolution
shall constitute the approval of such release and evidence of the
authority of said bank to make said release.
PASSED BY THE CITY COUNCIL of the City of Beaumont this
the day of _ � , 1987.
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- Mayor -
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