HomeMy WebLinkAboutRES 88-253 AGENDA ITFA
NO
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 November 22 , 1988 :
RECEIPT NO. DESCRIPTION PAR VALUE
245452 City of Houston, 5.60% due $75,000.00
12-1 -88
245457 Judson ISD, 5.60% due 12-1 -88 $50,000 .00
245453 Livingston ISD, 5. 50% due
12-15-88 $30 ,000.00
NOW, THEREFORE, BE IT RESOLVED BY THE
CITY COUNCIL OF THE CITY OF BEATIMONT:
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 releases.
PASSED BY THE CITY COUNCIL of the City of Beaumont this
the 2,Z2.� day of 1988 .
Mayor
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