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HomeMy WebLinkAboutRES 89-084 3 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 being held at the Federal Reserve Bank - Dallas/Houston Branch, effective April 18, 1989: RECEIPT NO. DESCRIPTION PAR VALUE sk 24537 Port of Houston Auth. , 5. 50%; $ 100,000.00 due 5/01 /89 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 they day of L, , 1989. - Mayor -