HomeMy WebLinkAboutRES 95-047 i f
RESOLUTION NO. 9S �
WHEREAS, the City has contracted with Texas Commerce Bank as a depository for
investment purposes; and,
WHEREAS, Texas Commerce Bank wishes to release the following securities being
held at Bank One, Dallas effective February 14, 1995:
RECEIPT NO. DESCRIPTION PAR VALUE
36216PWE4 GNMA I Pool 170845, 9.00%, $2181305.77
Due 10/15/2016, Original
Face Value $1,000,000
36216RWWO GNMA I Pool 172661, 9.00%1 $307,008.44
Due 10/15/2016, Original
Face Value $1,000,000
NOW, THEREFORE, BE IT RESOLVED BY THE
CITY COUNCIL OF THE CITY OF BEAUMONT:
THAT First Interstate Bank 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 / ,. day
of , 1995.
ok.,Q�' Ob • �r
- Mayor -