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HomeMy WebLinkAboutRES 89-048 R E S O L U T I O N WHEREAS, the City has contracted with MBank of Jefferson County as a depository for investment purposes; and, WHEREAS, MBank of Jefferson County wishes to release the following securities being held at NCNB Texas National Bank Dallas, effective March 21 , 1989 ; RECEIPT NO. DESCRIPTION PAR VALUE 846257 U. S. Treasury Notes, Series $ 100,000.00 6 5/8 note H-92 @ 6.625%; due 2/15/92 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT: THAT MBank of Jefferson County 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 banks to make said release. PASSED BY THE CITY COUNCIL of the City of Beaumont this the 21 day of March , 1989. Mayor - AA/leg