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HomeMy WebLinkAboutRES 06-008 RESOLUTION NO. 06-008 BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT: THAT the City Council hereby approves the pledge by Hibernia National Bank of the following security as collateral for City accounts which will is held at the Federal Reserve Bank, effective January 6, 2006. Cusip No. Description Face Value Market Value 3136F7MK0 FNMA, Duel 1/14/08 $500,000 $499,843.75 PASSED BY THE CITY COUNCIL of the City of Beaumont this the 17th day of January, 2006. hli�,,�f� i CCTT � - Mayor Guy N. Goodson - left