HomeMy WebLinkAboutRES 83-429 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
209033 Clear Lake City Water Auth; $ 110,000. 00
due 3/01/91
180576 Hurst-Euless-Bedford ISD U/T; 75,000.00
due 3/15/91
209105 Jersey Village; due 3/15/91 50,000. 00
352046 Port Dev Corp (PakTank-Deer Pk) ; 100,000. 00
due 4/01/91
212544 Alvin ISD U/T; due 4/01/91 100,000. 00
214188 Webster; due 4/01/91 50,000.00
286277 Texas A7M Galvstn (Moody) HSNG; 115,000. 00
due 4/01/91
389801 Lubbock EL&PWR SYS REV; due 4/15/91 25,000.00
198682 Port of Hou Auth Rev; due 5/01/91 100,000.00
303473 Galveston Co Mun W Auth Rev; 100,000.00
due 7/10/91
207792 Glenshire Mud Assumed; due 8/01/91 60,000. 00
207543 Brookfield Mud WW&SS Rev; 35,000. 00
due 9/01/91
214169 Beaumont WW Sys Rev Refd Esc; 60,000. 00
due 9/01/91
389794 Houston Wtr Sys Rev Sr 73 Refd; 200,000. 00
due 12/01/91
389792 Houston Sports Arena Rev; 75,000.00
due 12/01/91
174455 Judson ISD UT; due 12/01/91 50,000. 00
176134 Livingston ISD U/T; due 12/15/91 40,000. 00
350906 Ft Bend IDC ( EPS) ; due 1/01/92 100,000. 00
212861 Dallas Co L/T; due 1/10/92 250,000. 00
172375 Baytown; due 2/01/92 50,000.00
178286 Terrell; due 2/01/92 80,000. 00
180097 Plano ISD U/T; due 2/15/92 200,000. 00
RECEIPT NO. DESCRIPTION PAR VALUE
212549 Lamar CISD UT; due 2/15/92 $ 260,000. 00
180577 Hurst-Euless-Bedford ISD U/T; 100,000. 00
212545 Alvin ISD U/T; due 4/01/92 100,000.00
214189 Webster; due 4/01/92 50,000.00
389802 Lubbock E1&PWR Sys Rev; due 4/15/92 25 ,000.00
188708 Irving ISD U/T; due 6/01/92 100,000.00
203474 Galveston Co Mun W Autho Rev; 195 ,000.00
due 7/10/92
207544 Brookfield Mud WW&SS Rev; 35,000. 00
due 9/01/92
214170 Beaumont WW Sys Rev Refd Esc; 60,000.00
due 9/01/92
335415 Taylor IDC ( Intercraft) ; 120,000.00
due 9/01/92
174456 Judson ISD UT; due 12/01/92 50,000. 00
176135 Livingston ISD U/T; due 12/15/92 50,000. 00
210430 Cross Roads ISD U/T; due 1/15/93 65,000. 00
172376 Baytown; due 2/01/93 100,000. 00
178287 Terrell; due 2/01/93 90,000.00
205753 New Caney ISD U/T; due 2/01/93 125,000.00
211917 Huffman ISD U/T; due 2/01/93 90,000.00
389765 Arlington Comb Go & Rev; 100,000.00
due 2/15/93
209034 Clear Lake City Water Auth; 110,000.00
due 3/01/93
209106 Jersey Village; due 3/15/93 50,000. 00
352047 Port Dev Corp (PakTank-Deer Pk) ; 100,000.00
due 4/01/93
212546 Alvin ISD U/T; due 4/01/93 100,000.00
214190 Webster; due 4/01/93 50,000.00
389803 Lubbock EL&PWR Sys Rev; 25,000.00
due 4/15/93
389805 San Antonio Wtr Rev Etm; 650,000.00
due 5/01/93
198683 Port of Hou Au th Rev; due 5/01/93 100,000.00
and,
WHEREAS, after this withdrawal, Texas Commerce Bank of
Beaumont will have $4,985,000. 00 pledged to protect the deposits of
the City of Beaumont and this amount is adequate;
NOW, THEREFORE, BE IT RESOLVED BY THE
CITY COUNCIL OF THE CITY OF BEAUMONT:
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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 Azc2rn,,d,. , 19 f3
Mayor -
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