HomeMy WebLinkAboutRES 87-131 s 2
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87- /3/
R E S 0 I, U T I 0 is
WHEREAS, the City las contracted with Texas Commerce Bank
Beaumont as a. depository for investment purposes; and,
WHEREAS, texas CoYl!?1erce Junk - Beaumont wishes to
substitute he following securities with Texas Commerce Bank -
Houston which were ple dgW as collateral to cover_ city deposits.
RE%TIPT NO. D7SC4(_1.:. .l.±_GFq PAR VALUE
072613 Velasc o Drainage, 5% ; aue 2/01 /89 a0'000. is0
072604 Lubbock, TX, 4. 901 clue 4/15/89 225,000.00
072609 Velasc o Drainage, 5%; cue 2/01 /90 S0, 000. 00
?332 F,,. ,_l n 356 a 1 3 / 4 9 r 0 00
�7�3�,� I^ r�. �c)�'LC1p 'a:X, .�.�:�op �,�L?(e .�p01 /✓Q 1a0pz�QG. �>,s
072603 Carroll ton-A armers, 4. 7%; 200, 000.00
iue 4/01 /90
07260? Lubbock, '_X, 4. 95%; due 4/15/90 225,000.00
072335 nexar Co. , 6%; due 5/01 /90 100,000.00
072334 Houston, TX, 5.4%; due 10/01 /90 400,000. "0
072601 Ft, iena . SD, 7 clue 2/15/91 320:000.00
0723366 jef erbon Co. , 5.8°o due 3/01 /91 250,000.00
072331 r't. Bead 7 c.C:o. MUD, I i!'r_i` 225,000.00
due 3/01 /91
072608 Conroe ISD, 5% due 3/15/91 550:000.00
'T n A Co. +�l A !!f� �1 P n /� /�/�
0 723 0 Harris C J 007, 4. a s° 325, 000.00
due 4/01 /111
072605 is a rro l l't on-Eas astern, 4. 95; 230,000.00
Sue 4/01 /9 i
072610 Pine Tune ate, 5.3%; 225,000.00
clue 4/15/91
072323 Lubbock, `1'X, 5%; du 4/15/91 225,000.00
072329 San Antonio Riven, 10%; 20-.5, 000 . 00
due 7/01 /91
072333 North Texas, Muni, 5.150; 350,000.00
due 9/01 /91
072611 Austin, TX, 51; due 10/01 /91 475,000.QQ
and,
WHEREAS, Texas Commerce Bank - BeauNonh wishes to
substitute the following sec cities with Texas Commerce Bank -
Fouskoq which were released as collateral to cover city deposits;
RECVIPT NO. DESCRTPTION PAR VALUE
575234 GNMA POOL 1056637, 120; $29a,263.23
due 1 /15/2013
574945 GNTHA POOL #057496, 120; 196,206 .75
due 12/15/2012
574909 GNMA POOL 9102166B, 12;,- 403j409. 47
due 9/15/2013
575241 GNMA ?001 9060980, 12;,� 116,976.53
due 11 /15/2012
581209 GNMA POOL 906001S; 12%; 470, 170.04
due 1 /15/2012
574911 GNMA POOL #059312, 12%; 192,458. 05
due 1 /15/2013
575242 GNMA POOL 005902S, 12%; 151 ,49S.47
due 12/15/2012
575237 GN-'r-17A POOTI a058053, 12�kl; 245,679.74
Cue 12/15/2012
574913 GNMA POOL 1102166A, 12%; 403,609. 47
hue 9/15/2017,
574910 GNIIA POOL #064569, 12%; 424,273.54
Cue 3/150013
575235 GNMA POOL #060210, 12%; 204,270. 94
due 12/15/2012
574234 GNMA POOL g047016, 12.5%; 49,326. 95
due 12/15/2010
574243 GNT-IA POOL #04,5663, 12.5--6;- 157, 611. 38
Cue 12/15/2010
574213 GNMA POOL 9045837, 12.50; 25, 702.38
due 12/15!2010
574236 GNMA POOL a041720, 12. 7,' 44,031 .40
due 12/15/2010
574250 (37M-NIA POOL 1 044540, 12.5%; 34,630.97
due 11 /15/2010
574209 GNMA POOL 1044041 , 12.51; 101 ,S30.43
due 11 /15/2010
574478 GNNA POOL 1049776, 12.5i; 1 S4:569.38
due 3/15/2012
574240 GNMA POOL !043000, 12. 5l; 203,701 .55
jae 1 2/1 5/201 0
574228 774 A POOL 9060215, 12.5%; 211 , 611 .42
due 11 /15/2012
574255 GNMA POOL #054552, 12.51; 14:079.11
Cue 4/15/2012
57420,') GNM POOL q43605B, 12.5%; W,S99.23
due 12/15/2010
574215 GNMA POOL '06074, 12.5%; 133, 159M
One q/15/2013
574219 GNMA POOL 9040442, 12.5;; 209,524.09
Cue r,11 3/2010
574204 GNMA POOL !042823; 12.5%; 29;507. 33
tole 1 /15/2011
NOW, THEREFORE, BE TT RESOTVFD BY THF.
CITY COUNICTIL OF THE CTTY OF 7-)7AUj,!0NT.-
T75 A T 7-- xa,,--i Cov.ifrterc,(-? Ran Be,--Zmto ut !)E? t i-ej. 1-o r)Lecl amd
release the above-cle,-sc-C ibet'l and a cer;-Ified copy of �Ihdl-s
,ceSOIULioll SI-Ictll ono LJ-tate U. e- i: )pro val of such pledges and
cele-ases an(II evidenc-e� (-):,- U-1e authorii.,,/ of sai(l Jame, 4-(-) make said
, ledges anu' rele�- Se.S.
PASSED BY THE CITY CO of tj-jc� City CD_t_ �Ilfllo-nt th.!�-,
L
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