HomeMy WebLinkAboutRES 07-043 RESOLUTION NO. 07-043
BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF BEAUMONT:
THAT the City Council hereby approves the receipt of an anonymous donation of J. P.
Morgan Chase stock valued at a minimum of $203,150, the proceeds of which are to be
used for the Julie Rogers Theater project.
NOW, THEREFORE, BE IT FURTHER RESOLVED BY THE
CITY COUNCIL OF THE CITY OF BEAUMONT:
THAT the City Manager is authorized to negotiate all appropriate instruments of
conveyance and gift, to establish an account to receive this donation at Coastal Securities
and execute all documents necessary to complete the transaction.
PASSED BY THE CITY COUNCIL of the City of Beaumont this the 13th day of
February, 2007.
Mayor Pro Nancy Beaulieu -
W .fir