HomeMy WebLinkAboutRES 87-042 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 pledge
the following security with Texas Commerce Bank - Houston:
RECEIPT NO. DESCRIPTION PAR VALUE
575234 GNMA Pool #056637, 12%; $ 400,985.99
due 1 /15/2013
574945 GNMA Pool #057496, 12%; 246,400.73
due 12/15/2012
575237 GNMA Pool #058053, 12%; 270,165.36
due 12/15/2012
575242 GNMA Pool #059028, 12%; 185,234.09
due 12/15/2012
574911 GNMA Pool #059312, 12%; 223,290.29
due 1 /15/2013
575236 GNMA Pool #060210, 12%; 261 ,497.58
due 12/15/2012
575241 GNMA Pool #060980, 12%; 134,456.18
due 11 /15/2012
575240 GNMA Pool #063783, 12%; 506,382.25
due 2/15/2013
574910 GNMA Pool #064569, 12%; 535,157.77
due 3/15/2013
574913 GNMA Pool #102166A, 12%; 510, 401 .04
due 9/15/2013
574909 GNMA Pool #102166B, 12%; 510,401 .04
due 9/15/2013
574219 GNMA Pool #040442, 12.5%; 233,863.35
due 6/15/2010
574204 GNMA Pool #042823, 12.5%; 32,197.77
due 1 /15/2011
574205 GNMA Pool #043605B, 12.5%; 108,801 .40
due 12/15/2010
574240 GNMA Pool #043800, 12.5%; 204,140.66
due 12/15/2010
574209 GNMA Pool #044041 , 12.5%; 113, 133. 10
due 11 /15/2010
574250 GNMA Pool #044540, 12.5%; 37,397.83
due 11 /15/2010
574236 GNMA Pool #044720, 12.5%; 47,975.05
due 12/15/2010
574213 GNMA Pool #045837, 12.5%; 33, 419.54
due 12/15/2010
RECEIPT NO. DESCRIPTION PAR VALUE
574243 GNMA Pool 046663, 12.5%; 224,274.42
due 12/15/2010
574234 GNMA Pool 047016, 12.5%; 49,437.05
due 12/15/2010
574479 GNMA Pool #049776, 12.5%; 255,757.08
due 3/15/2012
574255 GNMA Pool #054552, 12.5%; 19,123.50
due 4/15/2012
574228 GNMA Pool #060215, 12.5%; 231 ,805.42
due 11 /15/2012
574215 GNMA Pool #068174, 12.5%; 170,204.95
due 9/15/2013
and,
WHEREAS, Texas Commerce Bank of Beaumont wishes to
release the following security being held at Texas Commerce Bank -
Houston:
RECEIPT NO. DESCRIPTION PAR VALUE
492467 GNMA Pool #056666, 13%; $ 150,320.56
due 9/15/2012
492468 GNMA Pool #058719, 13%; 182,003.82
due 11 /15/2012
492587 GNMA Pool #060209A, 13%; 370,001 . 49
due 10/15/2013
495536 GNMA Pool #060209B, 13%; 370,001 . 49
due 10/15/2013
492469 GNMA Pool #060211 , 13%; 124,845.27
due 11 /15/2012
493417 GNMA Pool #061604, 13%; 377,801 .32
due 12/15/2012
493271 GNMA Pool #065063A, 13%; 23,331 .59
due 10/15/2013
492588 GNMA Pool #065063B, 13%; 293,978.03
due 10/15/2013
495538 GNMA Pool #067370, 13%; 403,577.70
due 9/15/2013
492472 GNMA Pool #100208, 13%; 368,374.08
due 9/15/2013
492473 GNMA Pool #100970, 13%; 8,820. 69
due 9/15/2013
492474 GNMA Pool #101106, 13%; 364,594.38
due 9/15/2013
492475 GNM,A Pool #101331 , 13%; 164,359.33
due 9/15/2013
492476 GNMA Pool #103631 , 13%; 48,466.83
due 9/15/2013
- 2 -
RECEIPT NO. DESCRIPTION PAR VALUE
492477 GNMA Pool #103694, 13%; 380, 304.02
due 9/15/2013
492478 GNMA Pool #105185, 13%; 342, 170.03
due 9/15/2013
493418 GNMA Pool #107330A, 13%; 410,879.97
due 11 /15/2014
492479 GNMA Pool #107330B, 13%; 410,879.97
due 11 /15/2014
493272 GNMA Pool #109582, 13%; 32,626.24
due 7/15/2014
492481 GNMA Pool #112651 , 13%; 22,999.94
due 6/15/2014
492589 GNMA Pool #113048, 13%; 450,664.74
due 10/15/2014
493273 GNMA Pool #113850, 13%; 275,189.43
due 1 /15/2015
NOW, THEREFORE, BE IT RESOLVED BY THE
CITY COUNCIL OF THE CITY OF BEAUMONT:
THAT Texas Commerce Bank - Beaumont be permitted to pledge and
release the above-described securities and a certified copy of this
resolution shall constitute the approval of such pledges and
releases and evidence of the authority of said bank to make said
pledges and releases.
PASSED BY THE CITY COUNCIL of the City of Beaumont this
the /d day of y1�Z ��.�E� , 19891-
Mayor -
3 -