HomeMy WebLinkAboutRES 07-001 RESOLUTION NO. 07-001
BE IT RESOLVED BY THE CITY COUNCIL
OF THE CITY OF BEAUMONT:
THAT the City Council hereby approves the pledge by Capital One Bank of the following
security as collateral for City accounts which will be held at the Federal Reserve Bank
effective January 2, 2007:
Cusip No. Description Face Value Market Value
PLEDGE:
31396LLVO FNMA $1,300,000.00 $1,250,485.33
PASSED BY THE CITY COUNCIL of the City of Beaumont this the 9th day of
January, 2007. lit
M 11 - Mayor Guy N. Goodson -
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