HomeMy WebLinkAboutRES 04-070 RESOLUTION NO. 04-070
BE IT RESOLVED BY THE CITY COUNCIL
OF THE CITY OF BEAUMONT:
THAT the City Council hereby approves the pledge by Hibernia National Bank of the
following security which will be held at the Federal Reserve Bank,Atlanta, effective March
24, 2004.
Cusip No. Description Current Value Market Value
PLEDGE:
31359MEX7 FNMA, 6.50%, Due 08/15/04 $1,000,000 $1,025,312.50
PASSED BY THE CITY COUNCIL of the City of Beaumont this the 306' day of
March, 2004.
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"A M yor Evelyn M. Lord -