HomeMy WebLinkAboutRES 47 BBBKEWJr/im/10/22/71
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R E S O L U T I O N
WHEREAS, the City of Beaumont and the American National
Bank of Beaumont, Texas, entered into a contract dated July 1,
1971, whereby it was provided that said American National Bank
of Beaumont would pledge with the City Council of the City of
Beaumont certain securities in lieu of giving bond as city depository;
and,
WHEREAS,
the American National
Bank of Beaumont
wishes
to pledge the following securities with
the Republic National
Bank of Dallas:
Description
Maturity
Amount
SK #
Sherman, Tex. PHA
Proj. Notes
3.18%
3-17-72
$ 200,000
867904
Wichita Falls, Tex.
PHA Proj. Notes
3.03%
10-06-72
2505,000
869172
San Marcos, Tex.
PHA Proj. Notes
3.07%
8-04-72
250,000
869527
Waco, Tex. PHA
Proj. Notes
3.09%
9-08-72
2503,000
869528
Amarillo, Tex.
Strt. Imprv.
5.00%
11-15-72
25,000
847007
Corpus Christi,
Tex. Gen. Imp.
3.90%
12-01-72
50,000
867116
Pasadena, Tex.
G/0 Ref.
3.70%
1-01-73
25,000
869332
Tyler, Tex. ISD
Schhse
3.00%
1-01-73
25,000
847815
Alief, Tex. ISD
Schhse
5.75%
2-15-74
150,000
869363
Marlin, Tex. ISD
Sch. Bldge.
4.50%
1-15-81
50,000
861608
The total above securities
being
pledged
being in the sum
of
$1,275,000; and,
WHEREAS,
the American
National
Bank of Beaumont
wishes
to pledge the following securities
with
the Bank of the Southwest,
N.A. Houston, Texas:
Description
Rate
Maturity
Amount
Receipt #
Texas City, Tex.
G/0
3.10%
3-01-73
$ 25,000.
133312
Pampa, Tex. WW SS
Rev.
3.30%
10-01-73/71
25,000
136103
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WHEREAS, the American National Bank of Beaumont wishes
to pledge the following securities with the Federal Reserve Bank
of Dallas:
Description Rate Maturity Amount
U. S. Treas. Notes 7.75% 5-15-73 $ 500,000
U. S. Treas. Notes 7.50% 2-15-72 2003,000
The total above securities being pledged being in the sum of
$700,000; and,
WHEREAS, the American National Bank of Beaumont wishes
to pledge the following security with the Morgan Guaranty Trust
Company of New York:
Description Rate Maturity Amount Receipt #
Housing Auth. of
the City of Wichita -
Falls, Tex. Project
Notes 3.08% 10-06-72 $ 250,000 CRP 666-098
The total above security being pledged being in the sum of $250,000;
and,
WHEREAS,
the American National
Bank of Beaumont
wishes
to pledge the following securities with
the First National
Bank
in Dallas:
Description
Rate Maturity
Amount
Receipt
Austin, Tex. pHA
Proj. Notes
3.24% 6-02-72
$ 100,000
222428
Arlington, Tex.
WW/SS Rev.
4.00% 6-01-73
403,000
228765
Beaumont, Tex.
S/S Impr.
2.50% 9-01-73
25,000
228701
Pasadena, Tex.
ISD Schoolhouse
6.00% 11-01-73
125,000
The total above securities being pledged
being in the sum
of
$290,000; and,
WHEREAS,
the American National
Bank of Beaumont
wishes
to pledge the following securities with
the Texas Commerce
Bank
of Houston, Texas:
Description
Rate Maturity
Amount
SK #
U. S. Govt. Agencies:
Vpd - TNnma T.nan
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l6-aG-�`17i
Description Rate Maturity Amount SK #
P. H. A.'s.
Corpus Christi, Tex.
Hsg. Auth.
3.375%
8-01-72
$ 50,000
103725
San Antonio; Tex.
Hsg. Auth.
2.875%
12-01-73
400,000
104622
Waco, Tex. N. H. A.
5.00%
12-01-73
755000
State, County and Municipal
Bonds - Texas;
Spring Branch ISD
U/T
6.00%
2-01-72
$ 100,000
104554
Gulf Coast Water
Auth.
4.20%
9-01-72
240,000
Houston ISD
2.50%
3-10-72
1003000
103329
Texas A & M Univ.
Perm.
5.50%
7-01-72
2003000
102199
Univ, of Tex. Perm.
Univ.
5.50%
7-01-72
360,000
102200
Grand Prairie ISD
7.30%
8-28-72
1655000
104370
Spring Branch ISD
U/T
6.00%
2-01-73
115,000
104553
West Central Tex.
M. W. Dist.
6.00%
3-01-73
1153000
Dallas G/0 Var.
Purp.
6.00%
4-01-73
50,000
104044
Co. of Mainland
J.C.D. G/0
4.40%
5-01-73
25,000
104371
Harris Cnty. Houston
Ship Channel.Nay.
Dist. Rev.
3.90%
5-01-73
353000
104628
Beaumont Strt.
Impr.
3.25%
5-15-73
25,000
104388
Wichita Falls, Tex.
G/0
5.00%
6-01-73
501000
104560
Abilene ISD U/T
4.00%
7-01-73/72
505000
104346
Austin, Tex. G/0
104578
Austin Public
Free Schl.
1.75%
7-01-73
253000
104579
Col. of St. of Tex.
Const. Tax Univ.
of Tex. at
Arlington
4.00%
9-01-73
753000
104621
Gulf Coast Water
Auth.
4.20%
9-01-73
2403000
Dallas Park Impr.
3.00%
10-01-73
503000
104424
Beaumont G/0
3.60%
11-01-73/72
70,000
104675
Bay City WW & SS
4.50%
12-01-73
203000
104422
Houston, Tex. G/0
3.25%
12-01-73
353000
104674
North East ISD U/T
5.00%
12-01-73
25,000
1041,90
Ector Cnty ISD U/T
3.00%
12-15-73
175,000
103759
Galveston Cnty
Water Auth.
6.50%
8-01-74
1005000
103381
Houston G/0
6.00%
8-01-74
250,000
103155
Houston G/0
3.00%
1-01-74
302000
104444
Houston ISD
2.75%
1-10-74
205000
104445
Harlingen G/0
3.50%
2-01-74
25,000
104575
Clear Lake City
Wtr. Auth. W & S
U/T & Rev.
6.00%
3-01-73
50,000
104195
South Park ISD
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7 0 nal
i. n -t -7 n
Description
Rate
Maturity
Amount
SK #
State, County and Municipal
Bonds - Texas
(Cont):
Houston G/0
3.50%
7-01-78
$ 30,000
103156
San Antonio Water
Rev.
4.40%
5-01-79
150,000
99064
Lufkin ISD U/T
6.00%
6-15-80
501000
101733
Austin ISD U/T
6.00%
7-01-81
100,000
100477
SW Tex. State Univ.
Comb. Fee Rev.
8.00%
8-01-81
50,000
93031
North Tex. Mun.
Water Dist.
7.00%
9-01-81
75,000
102978
Houston Pub. Impr.
5.625%
11-01-82
1001000
95255
Brazosport JCD Sch.
Bldg.
5.00%
2-01-83
100,000
97155
Brazos River Auth.
Canal
6.25%
2-01-83
55,000
103637
South San Antonio
ISD U/T
7.00%
2-01-83
30,000.
104246
South San Antonio
ISD U/T
7.00%
2-01-84
303000
104265
South San Antonio
ISD U/T
7.00%
2-01-85
30,000
104266
South San Antonio
ISD U/T
7.00%
2-01-87
10,000
104267
Lufkin ISD U/T
6.00%
6-15-83
50,000
101732
Dallas - Ft. Worth
Reg: Airport Rev.
6.00%
11-01-83
100,000
104330
Brazos River Auth.
Can. Rev.
6.25%
2-01-84
55,000
103636
Lower Colo. River
Auth. Rev.
5.25%
5-01-84
1003000
102984
Harris Cnty WC & ID
#24
4.50%
8-01-84/75
80,000
102130
Lower Colo. River
Auth. Rev.
5.25%
11-01-84
1501000
102086
Dallas - Ft. Worth
Reg. Airport
Joint Rev.
6.15%
11-01-84
1005000
104245
Dallas - Ft. Worth
Reg. Airport
1oint Rev.
7.00%
11-01-84
100,000'
98420
Alice, Tex. G/0
5.625%
3-01-85/83
455000
103631
Amarillo Airport
Rev.
5.90%
4-01-85
100,000
103564
Texas A & I Univ.
Gen Fee Rev.
6.25%
6-01-85/81
455000
101923
Tarrant Cnty
WC & ID #1
5.60%
3-01-86
1009000
103045
E1 Paso ISD U/T
3.40%
5-01-86
503000
102834
Dallas - Ft. Worth
Reg. Airport
Joint Rev.
6.80%
11-01-86
80,000
103024
Beaumont, Tex.
Wtr. Sys. Rev.
5.15%
9-01=87/86
100,000
Beaumont, Tex.
Wtr. Sys. Rev.
5.20%
9-01-88/86
100,000
Brazos River Auth.
Can. Rev.
6.25%
2-01-89/86
100,000
103380
Brownsville CISD
U/T
6.50%
6-15-89
403000
102202
Everman, Tex. ISD
U/T
6.20/
8-01-89/86
75_nnn
im nwi
The total above securities being pledged being in the sum of
$6,320,000;
WHEREAS, after these pledges, the American National Bank
of Beaumont will have sufficient securities pledged to protect the
deposits of the City of Beaumont, Texas;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY
COUNCIL OF THE CITY OF BEAUMONT:
That the American National Bank of Beaumont be permitted to pledge
the above described securities with the Republic National Bank of
Dallas, Bank of the Southwest, N.A. Houston, Texas, Federal Reserve
Bank of Dallas, Morgan Guaranty Trust Company of New York, First
National Bank in Dallas, and Texas Commerce Bank of Houston,
Texas and a certified copy of this resolution shall constitute
evidence of the authority of the American National Bank of Beaumont,
Texas, to make said additional pledge.
PASSED by the City Council this day of
1971.
Aik
- Mayor -