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HomeMy WebLinkAboutRES 94-085 RESOLUTION NO. qL14Y WHEREAS, the City has contracted with Parkdale Bank as a depository for investment purposes; and, WHEREAS, Parkdale Bank wishes to release the following securities being held at Texas Commerce Bank-Houston effective April 12, 1994: RECEIPT NO. DESCRIPTION PAR VALUE 912827E99 US Treasury Note, 5.375%, $2001000.00 Market Value $200,219.00, due 04/30/1994 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT: THAT Parkdale Bank be permitted to release the above-described security 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 day of , 1994. - Mayor -