HomeMy WebLinkAboutRES 87-248 S7 7-
R E S 0 L U T 1 0 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 securities being held at the Federal
Reserve Bank Dallas - Houston Branch effective December 22 , 1987 :
RECEIPT NO. DESCRIPTION PAR VALUE
Tyler, Texas ISD @ 6. 100 ; $ 200 ,000.00
due 1 /01 /88
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 securities and a certified copy of this
resolution shall constitute the approval of such release as
evidence of the authority of said bank to make said release.
PASSED BY THE CITY COUNCIL of the City of Beaumont this
the d a y f
_7Z2 /11 1987 .
sr
o
Mayor
Z