HomeMy WebLinkAboutRES 83-399 R E S O L U T I O N
WHEREAS, the City of Beaumont and the Texas Commerce Bank
of Beaumont, Texas, entered into a contract October 1 , 1981, whereby
it was provided that the Texas Commerce Bank , N.A. , of Beaumont,
Texas, would pledge with the City Council of the City of Beaumont
certain securities in lieu of giving bond as City Depository; and,
WHEREAS, the Texas Commerce Bank of Beaumont, Texas, wishes
to withdraw the following securities from the Texas Commerce Bank
Houston, N.A. :
RECEIPT NO. DESCRIPTION PAR VALUE
174452 Judson ISD UT; due 12/01/88 $ 50,000.00
176131 Livingston ISD U/T; due 12/15/88 30,000. 00
210372 Cross Roads ISD U/T; due 1/15/89 55,000. 00
389772 Brazos R A Canal Rev; due 2/01/89 100,000. 00
389780 Cypress-Fairbanks ISD UT; 50,000.00
due 2/01/89
172372 Baytown; due 2/01/89 50,000.00
178283 Terrell; due 2/01/89 35,000.00
205752 New Caney ISD U/T; due 2/01/89 100,000. 00
211915 Huffman ISD U/T; due 2/01/89 50,000.00
209032 Clear Lake City Water Auth; 100,000.00
due 3/01/89
209104 Jersey Village; due 3/15/89 50,000.00
180173 Harris Co FCD L/T; due 3/16/89 100,000. 00
352045 Port Dev Corp ( Paktank-Deer Pk) 100,000.00
due 4/01/89
177765 We stheime r Rd Mud W&S Comb Rev; 45,000.00
due 4/01/89
181270 Carrollton-Farmers BR ISD UT; 100,000.00
due 4/01/89
212542 Alvin ISD U/T; due 4/01/89 100,000.00
214186 Webster; due 4/01/89 50,000.00
286276 Texas A&M Galvstn (Moody) Hsng 100,000.00
due 4/01/89
389799 Lubbock EL&PWR SYS REV ; 25,000. 00
due 4/15/89
198681 Port of HOU AUTH REV; due 5/01/89 100,000.00
188707 Irving ISD U/T; due 6/01/89 75,000.00
389773 Brownsville ISD U/T; due 6/15/89 40,000. 00
389785 Everman ISD UT; due 8/01/89 75,000.00
389795 Judson ISD UT; due 8/01/89 70,000.00
207791 Glenshire MUD Assumed; due 8/01/89 50,000. 00
+c' 93—3-i 5
RECEIPT NO. DESCRIPTION PAR VALUE
207541 Brookfield MUD WW&SS REV; $ 35,000.00
due 9/01/89
214167 Beaumont WW SYS REV REFD ESC; 60, 000. 00
due 9/01/89
389782 Dallas ISD U/T; due 11/01/89 650,000.00
389793 Houston WTR SYS REV SR 73 REFD; 200,000. 00
due 12/01/89
389790 Houston Sports Arena REV; 75,000. 00
due 12/01/89
174453 Judson ISD UT; due 12/01/89 50,000. 00
176132 Livingston ISD U/T; due 12/15/89 35,000.00
350905 Ft Bend IDC ( EPS) ; due 1/01/90 175,000.00
172373 Baytown; due 2/01/90 50,000.00
178284 Terrell; due 2/01/90 35,000.00
180174 Plano ISD U/T; due 2/15/90 100,000.00
389776 Conroe ISD UT; due 3/15/90 300,000.00
177766 Westheimer RD MUD W&S COMB REV; 100,000.00
due 4/01/90
181271 Carrollton-Farmers BR ISD UT; 100,000.00
due 4/01/90
212543 Alvin ISD U/T; due 4/01/90 100,000.00
214187 Webster; due 4/01/90 50,000.00
389800 Lubbock EL&PWR SYS REV; due 4/15/90 25,000. 00
389775 Bryan Util Sys Rev SR71 RFD; 200,000.00
due 7/01/90
207542 Brookfield Mud WW&SS REV; 35,000. 00
due 9/01/90
214168 Beaumont WW SYS REV REFD ESC; 60,000.00
due 9/01/90
335414 Taylor IDC ( Intercraft) ; due 9/01/90 185,000.00
389791 Houston Sports Arena Rev; 75,000. 00
due 12/01/90
174454 Judson ISD UT; due 12/01/90 50,000.00
176133 Livingston ISD U/T; due 12/15/90 40,000. 00
210373 Cross Roads ISD U/T; due 1/15/91 60,000.00
172374 Baytown; due 2/01/91 50,000.00
178285 Terrell; due 2/01/91 75,000.00
211916 Huffman ISD U/T; due 2/01/91 60,000.00
389764 Arlington Comb Go & Rev; due 2/15/91 100,000.00
212548 Lamar CISD UT; due 2/15/91 260,000. 00
237388 FT Bend CO Levee IMP DIST #2 ; 150,000.00
due 2/15/91
and,
WHEREAS, after this withdrawal, Texas Commerce Bank of
Beaumont will have $9,985,000. 00 pledged to protect the deposits of
the City of Beaumont and this amount is adequate;
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NOW, THEREFORE, BE IT RESOLVED BY THE
CITY COUNCIL OF THE CITY OF BEAUMONT:
THAT Texas Commerce Bank of Beaumont, Texas, be permitted to withdraw
the above-described securities, and a certified copy of a this
resolution shall constitute evidence of the authority of Texas
Commerce Bank of Beaumont, Texas, to make said withdrawal.
PASSED BY THE CITY COUNCIL of the City of Beaumont this the
�.�. ` day of 19 �
r
Mayor -
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