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HomeMy WebLinkAboutRES 95-019 RESOLUTION NO. WHEREAS, the City has contracted with First Interstate Bank as a depository for investment purposes; and, WHEREAS, First Interstate Bank wishes to pledge the following security being held at Texas Commerce Bank, Houston effective January 24, 1995: RECEIPT NO. DESCRIPTION PAR VALUE 912827M74 US Treasury Note $5,000,000 Due 11/151 1996 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT: THAT First Interstate Bank be permitted to pledge the above-described security 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 pledge. PASSED BY THE CITY COUNCIL of the City of Beaumont this the day of , , 1995. - Mayor Pro Tin RESOLUTION NO. J �L- WHEREAS, the City has contracted with First Interstate Bank as a depository for investment purposes; and, WHEREAS, First Interstate Bank wishes to pledge the following security being held at Texas Commerce Bank, Houston effective January 24, 1995: RECEIPT NO. DESCRIPTION PAR VALUE 912827M74 US Treasury Note $5,000,000 Due 111151` 1996 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT: THAT First Interstate Bank be permitted to pledge the above-described security 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 pledge. PASSED BY THE CITY COUNCIL of the City of Beaumont this the day of , 1995. - Mayor pro Tem