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HomeMy WebLinkAboutRES 89-059 R E S O L U T I O N WHEREAS, the City has contracted with Texas Commerce Bank as a depository for investment purposes; and, WHEREAS, Texas Commerce Bank wishes to release the following securities with the Federal Reserve Bank - Dallas/Houston Branch, effective March 28, 1989: RECEIPT NO. DESCRIPTION PAR VALUE sk 245456 Judson ISD, @ 6%; due 12/01 /91 $ 50 , 000.00 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT: THAT Texas Commerce Bank 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 28 day of March 1989 . 4 - Mayor -