HomeMy WebLinkAboutRES 86-302 R E S O L U T I O N
WHEREAS, the City has contracted with Texas Commerce
Bank - Beaumont as a depository for investment purposes; and,
WHEREAS, Texas Commerce Bank - Beaumont wishes to release
the following security being held at Texas Commerce Bank - Houston:
RECEIPT NO. DESCRIPTION PAR VALUE
018590 GNMA; 11. 50%; due 5/15/2013 $ 2,419,000.00
NOW, THEREFORE, BE IT RESOLVED BY THE
CITY COUNCIL OF THE CITY OF BEAUMONT:
THAT Texas Commerce Bank - Beaumont be permitted to release the
above-described security and a certified copy of this resolution
shall constitute the approval of such release and evidence of the
authority of said bank to make said release.
PASSED BY THE CITY COUNCIL of the City of Beaumont this
the Nk;�4 day of 1986.
Mayor -