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HomeMy WebLinkAboutRES 93-001 .i RESOLUTION WHEREAS, the City has contracted with First City Bank, Texas, as a depository for investment purposes; and, WHEREAS, First City Bank, Texas, wishes to release the following securities being held at the Federal Reserve Bank -Dallas/Houston Branch, effective December 29, 1992: RECEIPT NO. DESCRIPTION PAR VALUE CUSIP No. 912794A61 U.S. Treasury Bill, $500,000.00 Market Value $497,825.37, Due 02/11/93 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT: THAT First City Bank, Texas, 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 , 1993. 4 - Mayor -