HomeMy WebLinkAboutRES 87-233 A/
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 the Federal
Reserve Bank - Houston effective December 1 , 1987:
RECEIPT NO. DESCRIPTION PAR VALUE
09630 Houston Sports Arena 1st Mtg. , $ 75,000.00
5.60%; due 12/01 /87
10150 Judson ISD School Bldg. UR, 25,000.00
5.60%; due 12/01 /87
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 releases as
evidence of the authority of said bank to make said releases.
PASSED BY THE CITY COUNCIL of the City of Beaumont this
the �4 day of I� 1987.
�Ucw KtAAJ�
Mayor -
o -T-e-nj
V-? 7