HomeMy WebLinkAboutRES 86-319 R E S O L U T I O N
WHEREAS, the City has contracted with Allied Bank -
Beaumont as a depository for investment purposes; and,
WHEREAS, Allied Bank - Beaumont wishes to release the
following security being held at Allied Bank - Houston:
RECEIPT NO. DESCRIPTION PAR VALUE
254135 U. S. Treasury Notes; 7.875%; $ 1 ,000,000.00
due 12/31/87
NOW, THEREFORE, BE IT RESOLVED BY THE
CITY COUNCIL OF THE CITY OF BEAUMONT:
THAT Allied 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 day of ��� 1986.
Mayor -