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HomeMy WebLinkAboutRES 87-248 S7 7- R E S 0 L U T 1 0 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 Dallas - Houston Branch effective December 22 , 1987 : RECEIPT NO. DESCRIPTION PAR VALUE Tyler, Texas ISD @ 6. 100 ; $ 200 ,000.00 due 1 /01 /88 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 as evidence of the authority of said bank to make said release. PASSED BY THE CITY COUNCIL of the City of Beaumont this the d a y f _7Z2 /11 1987 . sr o Mayor Z