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HomeMy WebLinkAboutRES 87-210 R E SS O L U T i O 'i "r'ERE S, the City has -received reQuests from various tl.�_aLC? ° c r � financial institutions to serve as depositories for investment purposes for the City of Beaumont for the period October 1 , 1987 until September 30, 1939; and, sV.'_'_REAS, the City Council desires to approve such financial institutions as depositories for investment purposes only; NOW, THEREFORE, BE IT RESOLVED Y --PHE CITY COJ?,Z L k.)F THE CITY OF EAU sOi3T THAT the proposals of the following financial institutions to serve as depositories for investment purposes only for the City of Beaumont for the period; October 1 , 1937 through September 30, 1939 be, and the same are hereby, approved and the City 11anager be, and he is hereby, authorizes to execute an investment depository agreement with such financial institutions. The institutions hereby approved are as follows: allied Bank Beauirzont Bank First City national Bank - Beaumont First Republic Bank IVI-Bank - Beaumont ?arkdale State Bank Plaza National Bank Texas Commerce rank - Beaumont PASSED BY THE CITY COUNCIL of the City of Beaumont this the day of / ���r�.i, , 1987. i favor