HomeMy WebLinkAboutRES 37 EEEKEWJr/im/12/15/ .
3 7 EEE
R E S O L U T I O N
WHEREAS, the City of Beaumont and the American National
Bank of Beaumont, Texas, entered into a contract dated July 1,
1971, whereby it was provided that the said American National
Bank of Beaumont would pledge with the City Council of the
City of Beaumont certain securities in lieu of giving bond
as City Depository; and,
WHEREAS, the American National Bank wishes to withdraw
the following securities from the Republic National Bank,
Dallas, Texas:
$25,000 Tyler Texas ISD Schhse Bds 3.00% due
1/1/73 held under Receipt No. 872200
$2.5,000 Pasadena.Texas GO Ref Bds 3.70% due
1/1/73 held under Receipt No. 872201
The total above securities being withdrawn being in -the sum
of $50,000; and,
WHEREAS, the American National Bank wishes to withdraw
the following security -from the Texas Commerce Bank, Houston,
Texas:
$50,000 Texas City ISD U/T Schlse 5.00% bonds
due 1/1/73 held under Receipt No. 77351
The total above security being withdrawn being in the sum of
$50,000; and,
WHEREAS, the American National Bank wishes to withdraw
the following securities from.the Bank of the Southwest,
N. A. of Houston, Texas, presently being held under the
receipt numbers shown below, and to repledge the like securities
with the Federal Reserve Bank of Dallas:
U. S. GOVERNMENT
$200,000 U. S. Treasury 7.75% notes due 5/15/73
held under Receipt No. 134652
$300,000 U. S. Treasury Notes 7.25% due 5/15/74
STATE, COUNTY & MUNICIPAL:.
$ 25,000 Texas City, Texas 3.10% due 3/1/73
held under Receipt No. 151054
$ 15,000
Lamar State College of Technology 3.375%
15,000
due 4/1/73-72 4/1/74-72 held under
Receipt No. 110946
$ 10,000
Corpus Christi ISD 4.0% due 6/1/73
held under Receipt No. 89902
$ 25,000
Harris County, Texas 5.0% due 6/10/73
held under Receipt No. 110944
$ 10,000
Harris County Flood Control 3.0% due
8/15/73 held under Receipt No. 89898
$ 25,000
Pampa, Texas 3.30% due 10/1/73-71 held
under Receipt No. 151055
$ 25,000
Gregory -Portland ISD 2.75% due. 12/1/73
held under Receipt No. 161647
$ 15,000.
Clear Lake City Water Authority 3.75%
due 3/.1/74 held under Receipt No. 86910
$ 15,000
Bryan, Texas 3.0% due 7/1/74 held under
Receipt No. 86901
$ 10,000
City of Dallas, Texas 3.0% due 10/1/74
.held under Receipt No. 89900
$ 35,000
Anahuac ISD 4.0% due 2/1/75 held under
Receipt No. 097890
$ 30,000
Fort Worth; Texas 3.0% due 2/1/75 held
under Receipt No. 110942
$ 25,000
Pampa, Texas 3.0% due 3/1/75 held under
Receipt No. 110948
$ 50,000
Tarrant County, Texas 3.0% due 7/1/75 held
under Receipt No. 102773-
02773$
$20,000
Garland, Texas'3.25% due 9/1/75 held under
.Receipt No.' 86911'
$ 25,000
Lubbock,, Texas 3.50% due 3/1/76 held under
Receipt No. 110947
$ 25,000 E1 Paso ISD 3.25% due 5/1/76 held under
Receipt No. 102772.
$ 20,000 City of ITvalde. 3.90% due 6/1/76 held under
Receipt No. 78942
$ 50,000 University of Texas 3.70% due 7/1/76 held
under Receipt No.. 110953
$ 2.5,000 Houston, Texas 4.20% due 2/1/78-72 held
under Receipt No. 110945_
WHEREAS, the American National Bank wishes to withdraw
the following securities from the Texas.Commerce Bank of
.Houston, Texas, presently being held under the receipt numbers
shown below, and to repledge the like securities with the
Federal Reserve Bank of Dallas:
$ 30,000 5% Friendswood ISD U/T Schoolhouse
bonds due 7-1-80 (Dtd 7-1-68, Nos.32/7
@ 5M ea.) held under Receipt No. 71694
$ 50,000 4.90% Pecos ISD Schl Bldg-U/T bonds
due 8-1-85 (Dtd 8-1-68, Nos. 134/43 @
5M ea.) held under Receipt No. 71791
$ 25,000 2.25% Texas Veterans.Land bonds due 6-1-77
(Dtd 4-1-53, Nos. 5411/35 @ 1M ea.) held
under Receipt No. 72152
$ 25,000
Spring Branch ISD 5.0% due 6/1/78 held
under Receipt No. 106228
$ 25,000
Perryton ISD 3.80% due 6/15/78 held under
Receipt No. 110949
$ 25,000
Sunray ISD 3.60% due 11/1/78- 6 held under
Receipt No. 110950
$ 25,000
Cypress=Fairbanks'ISD 3.75% due 2/1/79 held
under Receipt No. 110940
$ 25,000
Baytown, Texas 3.80% due 2/15/79 held under
Receipt No. 110939
$ 30,000
League City, Texas 5.0% due 3/1/79 held
under Receipt No. 101352
$ 30,000
Austin, Texas 3.75% due 7/1/79 held under
Receipt No. 110938
$ 25,000
University of Texas 3.60% due 7/1/79-77 held
under Receipt No. 110952
$ 25,000
Texas A & M University 3.60% due 7/1/79-77
held under Receipt No. 89847
$ 45,000
Dallas, Texas 3.35% due 10/1/80 held under
Receipt No. 110941
$130,000
Jefferson County, Texas 4.50% due 4/15/83
1403000
4/15/84
140,000
4/15/85
The total
above securities being withdrawn and repledged
being in
the sum of $1,685,000;.and,
WHEREAS, the American National Bank wishes to withdraw
the following securities from the Texas.Commerce Bank of
.Houston, Texas, presently being held under the receipt numbers
shown below, and to repledge the like securities with the
Federal Reserve Bank of Dallas:
$ 30,000 5% Friendswood ISD U/T Schoolhouse
bonds due 7-1-80 (Dtd 7-1-68, Nos.32/7
@ 5M ea.) held under Receipt No. 71694
$ 50,000 4.90% Pecos ISD Schl Bldg-U/T bonds
due 8-1-85 (Dtd 8-1-68, Nos. 134/43 @
5M ea.) held under Receipt No. 71791
$ 25,000 2.25% Texas Veterans.Land bonds due 6-1-77
(Dtd 4-1-53, Nos. 5411/35 @ 1M ea.) held
under Receipt No. 72152
�®-
$200,000 4.75% Board of Regents of Lamar St. College
of Technology Student Fee Capital Improve-
ment Revenue Bonds Due 10-1-80/83, Pt. 10-1-71,
dated 3-1-69 with 10-1-70 & sca, #81 @ 5M
due 10-1-80, #82/93 @ 5M due 10-1-81, #94/107
@ 5M due 10-1-82, #108/20 @ 5M due 10-1-83,
held under Receipt No.. 89584
$ 50,000 8.0% Board of Regents, State Senior Colleges,
Southwest Texas State University Combined Fee
Revenue Bonds due 8-1-81, dated 8-1-70 with
2-1-71 & sca, #146/155.@ 5M, held under
Receipt No. 93031
$160,000 4.75% Board of Regents of Lamar St. College
of Technology Student Fee Capital Improve-
ment Revenue bonds Due 10-1-78, Opt 4-1-71,
dated 3-1-69 with 10-1-70 & sca, #49/58 @
5M.due 10-1-78, #59/69 @ 5M due 10-1-79,
�k70/80 @ 5M due 10-1-80, held under Receipt
No. 93150
$115,000 4.75% Board of Regents of Lamar St. College
of Technology. Student Fee Capital Improvement
Revenue Bonds due 10-1-75/77-, Opt. 4-1-715
#26/31 @ 5M due 10-1-75, #32/39 @ 5M due
10-1-76, #40/48 @ 5M due 10-1-77, held under
Receipt No. 93153
$100,000 5.625% City of Houston Public Improvement
Bonds due 11-1-82, dated 11-1-70 with 5-1-71
& sca #2861/2880 @ 5M, held under Receipt No.
95255
$;50,000 4.50% San Antonio Sewer Sys Revenue Bonds
due 12-1-84/79; dated 6-1-6.7. with 6-1-71 &
sca, #141/150 @ 5M, held under Receipt No.
95290
$ 90,000 6.50%.Denton Electric Revenue Bonds due 11-1-82,
dated 9-1-70 with 5-1-71 & sca..'#309/326 @
5M, held under Receipt.No. 95291
$ 50,000 4.60% Tyler G.O. Bonds due�11-1-81, dated
11-1-64 with 5-1-71 & sca, #59/68 @ 5M, held
under Receipt No. 95293
$ 25,000 3.30% South Park ISD School Bldg. Ref. Bonds
due 4-1-73, dated 4-1-63 with 4-1-71.& sca,
#315/339 @ 1M, held under Receipt 95395
$100,000 5% Brazosport JCD School Bldg. Bonds due
2-1-83,.dated 2-1=69 with check for 2-1-71
coupons, #859/878 @ 5M,, held under Receipt
No.. 97155
$100,000 7% Dallas -Ft. Worth Regional Airport Joint
Revenue Bonds due 11-1-84, dated 11-1-70'with
5-1-71 & sca,. #969/988 @ 5M, held under
Receipt No.. 98420
r,.
$150,000
4.40% San Antonio Water Revenue Bonds due
5-1-79, dated 2-1-71 with 5-1-71 &: sca, #156/85
@ 5M, held under Receipt No. 99064
$100,000
3.40% Houston ISD Bonds due 8-10-85, dated
2-10-67 with 8710-71 & sca, #2513/3532 @
5M, held under Receipt No. 99848
$100,000
6% Austin ISD Bonds due 7-1-81, dated 5-1-71
with 1-1-72 & sca, #867/886 @ 5M, held under
.Receip.t No. 100477
$120,000
4.50% Harris County WC & ID #24 WW & SS
Revenue Bonds due 8-1-85, Opt. 75, dated 8-1-55
with 8-1-71 & sca, #2696/2815 @ 1M, held under
Receipt No.. 100663
$100,000
7% Lower Colorado River Auth. Revenue bonds
due 11-1-77, dated 5-1-71 with 11-1-71 & sca,
#1163/1182 @ 5M, held under Receipt No.
101656
$ 50,000
6% Lufkin ISD U/T Bonds due 6-15-83, dated
6-15-71 with,12-15-71 & sca, #166/175 @
5M, held under Receipt No. 101732
$-50,000,
6% Lufkin ISD U/T Bonds due 6-15-80, dated
6-15-71 with 12-15-71 & sca, #111/120 @ 5M,
held under Receipt No. 101733
$100,000
4.90% Sweeny ISD Bonds U/T due 2-1-86, dated
7-1-71, with 2-1-.72 & sca, #526/545 @ 5M,
held under Receipt No. 101896
$ 45,000
6.25% Board of Directors of Texas A & I
University General Fee Revenue Bonds due
6-1-85, Opt. 81, dated 6-1-71 with
12-1-71 & sca, #95/103 @ 5M, held under
Receipt No. 101923
$1503000
5.25% Lower Colorado River Auth. Revenue
Bonds due.11-1-84; dated 5-1-71 with 11-1-71
& sca, #4584/4613 @ 5M,'held'under Receipt
No. 102086
$ 50,000
5.25% Lower.Colorado River Auth. Revenue
Bonds, due 5-1-84, dated 5-1-71 with 11-1-71
& sca,'#4243/47, #4282/86 @ 5M, held under
Receipt No. 1020.87
$ 80,000
4.50% Harris County WC & ID #24 WW & SS
Bonds, due 8-1-84 Opt 75, Dated 8-1-55 with
8-1-71 & sca, lt2576/2655 @,1M, held under
Receipt No. 102130
$ 40,000
6.50% Brownsville OISD U/T Bonds due 6-15-89,
dated 6 -15 -71 -with 12-15-71 & sca, #69/76
@ 5M, held under Receipt No. 102202
$250,000
6.75% Federal National Mortgage Association
Series SNI 1973 H due 6-12-75 dated 7-12-71
,; r-1, 1 9 - 1 9 - 71 r_ - „ - -14') / /. is r, n,, r 1) C ra 1 n r m x
$ 50,000
3.40% E1 Paso ISD U/T Bonds due 5-1-86,
dated 5-1-64 with 11-1-71 & sea, #2143/52
@ 5M, held under Receipt No. 102834
$ 75,000
7% North Texas Municipal Water District
Revenue Bonds, due 9-1-81, dated 2-1-70 with
9-1-71 & sea, #420/31, @ 5M, #4-54,465/6
@ 5M, held under Receipt No. 102978
$1003000
5.25% Lower Colorado River Auth. Revenue
Bonds due 5-1-84, dated 5-1-71 with 11-1-71
& sea, #4138/57 @ 5M, held under Receipt
No. 102984
$ 8.0,000
6.80% Dallas -Ft. Worth Regional Airport Joint
Revenue Bonds, due 11-1-86 dated 4-1-70 with
11-1-71 & sea, #1699/1714,@.5M, held under
Receipt No. 103024
$1009000
5.60% Tarrant County WC & ID #1 Bonds due
3-1-86, dated 6-1-71 with 3-1-72 & sca,
#988/1007 @ 5M, held under Receipt No.
103045
$:75,000
6.20% Everman ISD U/T Bonds due 8-1-89 Opt..
86, Dated 8-1-71 with 8-1-72 & sea, #112/26
@ 5M, held under Receipt No. 103063
$2503000
6% Houston G.O. Bonds due 8-1-74, dated 8-1-71
with 2-1-72 & sea, #531/2, 542/513 552/89 @
5M, held under Receipt No. 103155
$ 30,000
3.50% Houston G.O. Bonds due 7-1-78, dated
7-1-61 with 1-1-72 & sea, #161/70 1M.(Fire
Dept. Bldg. & Alarm) #705/14 @ 1M (Street
right of way), 261/70 @ 1M (Park & Recreation),
held under Receipt No. 103156
$100,000
6.25% Brazos River Auth. Canal Revenue Bonds
due 2-1-89, Opt. 86, dated 8-1-71 with 2-1-72
& sea, #560/579 @ 5M, held under Receipt No.
103380
$100,000
6.50% Galveston County Water Auth. Water
Revenue Bonds, due 8-1-74, dated 8-1-71'with
2-1-72 & sea, #150 @ 5M; #123/141 @ 5M, held
under Receipt No. 103381
$ 70,000
6.10% Judson ISD U/T Bonds due 8-1-89 Opt. 85,
dated 8-1-71 with 2-1-72 & sea, #162/175 @ 5M,
held under Receipt No. 103546
$100,000
5.90% City of Amarillo Airport Revenue Bonds,
dated 4-1-69 with 10-1-71 & sea, due 4-1-85,
#393/412 @ 5M, held under Receipt No. 103564
$ 453000
5.625% Alice G.O. Bonds due 3-1-85 Opt. 83,
dated 9-1-71 with 3-1-72 & sea, #33/41 05M.
held under Receipt No. 103631
$ 55,000
6.25% Brazos River Auth. Canal Revenue
Bonds due 2-1-84, dated 8-1-71 with 2-1-72
& sca, #319/329 @ 5M, held under Receipt
No. 103636
$ 55,000
6.25% Brazos River Auth. Canal Revenue Bonds
due 2-1-83, dated 8-1-71 with 2-1-72 & sca,
# 267/77 @ 5M, held under Receipt No. 103637
$175,000
3.00% Ector County ISD U/T Bonds due 12-15-73
dated 12-15-64 with 12-15-71 & sca, held under
Receipt No. 1037,59
$ 50,000
6% Dallas G.O. Various Pur Bonds due 4-1-73,
dated 4-1-70 with 10-1-71 & sca, held under
Receipt No. 104044
$ 25,000
5% North East ISD U/T Bonds:due 12-1-73,
dated 12®1-67 with 12-1-71 & sca, held under
Receipt No. 104190'
$ 50,000
6% Clear Lake City Water Auth W & S U/T &
Revenue Bonds, due 3-1-73, dated 9-1-69 with
3-1-72 & sca, held under Receipt No. 104195
$1003000
6.15% Dallas -Ft. Worth Regional Airport Joint
Revenue Bonds, due 11-1-84, dated 9-1-71 with
5-1-72 & sca, held under Receipt. No. 104245
$ 30.,000
7% South San Antonio ISD U/T Bonds due 2-1-83,
dated 8-1-71 with 2-1-72 & sca, held under
Receipt No. 104246
$ 30,000
7% South San Antonio ISD U/T Bonds due 2-1-84,
dated 8-1-71 with 2-1-72 & sca, held under
Receipt No. 104265
$ 303000
7% South San Antonio ISD U/T Bonds, due 2'-1-85,
dated 8-1-71 with 2-1-72 & sca, held under
Receipt No. 104.266
$ 10,000
6.40% South Sari Antonio ISD U/T Bonds, due
2-1-87, dated 8-1-71 with 2-1-72 & sca, held
under Receipt No. 104267
$1003000
6% Dallas -Ft. Worth Regional Airport Revenue
Bonds, due 11-1-83, dated 9-1-71 with 5-1-72
& sca, held under Receipt No. 104330
$ 50,000
4% Abilene ISD U/T Bonds due 7-1-73 Opt. 72,
dated 7-1-57 with 1-1-72 & sca, held under
Receipt No. 104346
$ 25,000
4.40% College of the Mainland JCD G.O. Bonds
due 5-1-73, dated 5-1-71 with 5-1-72 & sca,
held under Receipt No. 104371
$ 25,000
3.25% Beaumont Street Improvement Bonds due
5-15-73, dated 5-15-63 with 11-15-71 & sca,
held under Receipt No. 104388
M
- (-�,- 3/7
1,9-
$ 20,000
4.50% Bay City WW. & SS .Bonds due.12-1-73,
dated 3-1-66 with 12-1-71 &'sca, held under
Receipt No. 104422
$ 50,000
3/o Dallas Park Improvement Bonds due
10-1-73; dated 10-1-64 with check for
10-1-71 coupons, held under Receipt'No.
104424
$ 30,000
3% Houston G.O. Bonds due 1-1-74 dated
1-1-65 with 1-1-72 &: sea, held under
Receipt No. 104444
$ 203000
2.75% ,Houston ISD Bonds due 1-10-74, dated
3-10-49 with 1-10-72 & sea, held under
Receipt No. 104445
$1153000
6% Spring Branch ISD U/T Bonds due 2-1=73,
dated 10-1-71 with 2-1-72 & sea, held under
Receipt No. 104553
$ 502000
5% Wichita Falls G.O. Bonds due 6-1-73,
'dated 12-1-68 with 12-71 & sea, held under
receipt No. 104560
$ 25,000
3.50% Harlingen G.O. Bonds due 2-1-74, dated
8-1-64 with 2-1-72 & sea, #44/48 @ 5M3
held under Receipt No. 104575
$ 5,000
1.75% Austin G.O. Bonds Series 1842 due 7-1-73,
dated 4-1-50 with 1-1-72 & sea, held under
Receipt No. 104578
$'20)000
1.75% Austin Public Free School Bonds due
7-1-73, dated 4=1-50 with 1-1-72 & sea, held
under Receipt No. 104579
$400,000
2.875%.San Antonio Housing.Auth. Bonds due
12-1-73 dated 12-1-52 with 12-1-11 & sea,
held under Receipt No. 104622
$ 353000
3.90% Harris County Houston Ship Channel
Navigation District Revenue Bonds, due
5-1-73, dated 5-1-59 with 11-1-71 & sea,
held under Receipt No. 104628.
$ 353000
3.25% Houston G.O. Bonds due 12-1-73, dated
12-1-61 with 12-1-71 & sea., held under
Receipt No. 104674
$ 703000
3.60% Beaumont G.O. Bonds due 11-1-73/72 dated
11-1-57 with 11-1-71 & sca, held under
Receipt No. 104675
$1003000
5.20% Beaumont WW Sys Revenue Bonds due 9-1-88,
Opt. 86, dated 9-1-71 with 3-1-72 & sea, held
under Receipt No. 104812
$1003000
5.15% Beaumont WW Sys Revenue Bonds due 9-1-87,
Opt. 86; dated 9-1-71 with 3-1-72 & sea, held
under Receipt No. 104813
M
$240,000
6.75% University.of Texas Revenue due 6-1-74,
dated 2-1-71 #88/135, held under Receipt No.
110988
$ 502000
5% Ft. Worth G.O. Bonds due 5-1-75; dated
5-1-68, #369/378, held under Receipt No. 111057
$ 503000
4.25% E1 Paso ISD U/T Bonds due 2-15-74,
#92/101, held under Receipt No. 111078
$ 50,000
5% Garland G.O. Bonds due 1-1-75 #99/1003
held under Receipt No. 111079
$ 25,000
5% Garland Electric W & S Revenue Bonds.due
3-1-75, #154/163,.. held under Receipt No.
111080
$.50,000 4.50% La Porte ISD U/T.Bonds due 3-10-74,
K70/179, held under Receipt'No. 111081
$ 25 ,0100 5% Plano ISD U/.T Bonds due 2-15-74, #35/39,
held under Receipt No. 111082
$ 40,000 3.75% Brownsville G.O. Bonds due 1-1-75,
#356/375, 468/487, held under Receipt No.,
111107
$ 50,000 10% Dallas G.O. Bonds due 12-1-73, dated
12-1-69 #841/850, held under Receipt No..
111181'':
$..20,000 3.75% Tyler WGT & SS Revenue due 4-1-75 dated
4=1-57; #2639/2658 @ 1M, held under Receipt
No. 111319
$ 45,000 4.50% Canyon WW & SS Revenue Bonds due 10-1-763
dated 4-1-72 #31/39, .held under Receipt No.
111519
$ 50,000 4.50% Canyon WW &-SS Revenue Bonds due 10-1-77,
dated 4-1-72,-#40/49 @ 5M5 held under.Receipt
No. 111520
$.25,000 3.50% Spring Branch ISD due 4 -1 -77, -dated,
1-1-54,4631/655 @ 1M, held under Receipt No.
111523. '.
$200,000 5.50% Austin Electric. Light & Power WW & SS
Revenue Bds due 10-1-735 dated 4-1-72, #1/40,
held under Receipt No. 111658
$ 70,000 6.50% Texas Tech. University Revenue due 4-1-7.6,
dated -6-1-72 #112/125, held under Receipt No.
111662
$210,000 6.50% Texas Tech University Revenue Bonds due
- 4-1-75, dated 6-1-72 #40/81, held under Receipt.
No, 111723
p `q 7 z
$ 70,000 6.50% Texas Tech University Revenue Bonds
due 4-1-78, dated 6-1-72 #207/220, held
under Receipt No. 111724
$195;000 6.50% Texas Tech University Revenue Bonds,
due 4-1-74, dated 6-1-72 #1/39, held under
Receipt No. 111769
$ 40,000 6% Crosby ISD U/T Bonds due 4-1-78, dated
4-1-72, #77/84, held under Receipt No. 112000
$ 30,000 3.25% Highland Park ISD U/T Bonds due
6-1-76 dated 6=1-64452/57, held under
Receipt No. 111315.
$ 20,000 2.50% Pasadena ISD,Bonds, due 3-10-74,@ 295/314,
held under Receipt No. 111317
$ 20,000
2.25% Tarrant County WC & ID #1 Bond due
12-15-74, dated 12-15-50 #3888/3907, held
-
under Receipt No. 111318
$ 40,000
3% McAllen Pub Housing Authority Bonds, due
5-1-76, dated 5-1-52 #571/610, held under
Receipt No. 111400
$ 30,000
5% Rice CISD U/T Bonds due 2-1-75, #151/156,
held under Receipt No. 111401
$ 30,000
3.20% Tyler ISD U/T Bonds due 7-1-77 #883/912,
held under Receipt No. 111402
$100,000
5% Arlington ISD U/T Bonds due 6-1-78, dated
12-1-66, #181/200, held under Receipt No.
111452
$ 303000
3:40•/-0...Qorpus Christi ISD U/T Bonds due 2-1-76
#70/75, held under Receipt No. 111454
$100,000
6.5C% Ft. Worth Gen Purpose Bonds due
11-1-75, dated 11-1-70 #241/260, held under
Receipt No. 111477.
$ 30,000
3% Plainview ISD Bonds due 2-10-78 #714/7434
held under Receipt No. 111478
$ 30,000
3.250% Galena Park ISD Bonds due 7-15-77
#954/983, held under Receipt No. 111522.
$ 25,000
4% University of Texas St Ad Valorem Tax
due 9-1-78 #1643/1647, held under Receipt
No. 111524
$150,000
6% Denton Electric Revenue Bonds due 11-1-74,
dated 5-1-72 #59/88, held under Receipt.No.
111659.
$ 803000
6% Denton Electric Revenue Bonds due 11-1-76,
dated 5-1-72 #155/170, held under Receipt
No. 111660
$140,000
6% Denton Electric Revenue Bonds due 11-1-80,
dated::_5-1-72 #337/364, held under Receipt
No., 111722
$ 50,000
6.50% Mesquite G.O. Bonds due 6-15-74, dated
6-15-72,431/4Q, held under Receipt No. 111887
$200,000
3.60% Klein ISD U/T due 2-1-76, #321/360,
held under Receipt No. 111952-
$1001.000
3.80% Klein ISD U/T Bonds due 2-1-77 #451/4703
Held under Receipt No.. 111953
$100,000..
4% Klein ISD U/T due 2-1-78 #511/530, held
under Receipt No. 111954
$ 50,,000
6.50% Mesquite G.O. Bonds due 6-15-74, dated
4.;
6-15-72 #21/30, held under Receipt No. 111955
$1005000
6.50% Mesquite G.O. Bonds due 6-15-75, dated
6-15-72 #41/60, held under Receipt No.111956
$750,000
U. S. Treas.. Bills due 2-22-73 #377338/44 @
100M; #225143 @ 50M, held under Receipt No.
-
116531
The total above
securities being withdrawn and repledged being
in the sum
of'$12,095,000; and,
WHEREAS, after this withdrawal and pledge of additional
securities,
the American National Bank of Beaumont will have
sufficient
securities still remaining pledged to protect
the deposits of the said City of Beaumont, Texas;
NOW, THEREFORE, BE IT,RESOLVED BY THE CITY COUNCIL
OF THE CITY OF BEAUMONT:
That the American National Bank of Beaumont, Texas, be
permitted to withdraw the securities above described from
Republic National Bank,.Dallas,.Texas; to withdraw the
security above described from Texas .Commerce Bank, Houston,
Texas; to withdraw the securities above described from
Bank of the Southwest N. A..of Houston, Texas, and to.repledge
the said securities' with the Federal'Reserve Bank of
Dallas; and to withdraw the -,securities above described
from Texas Commerce Bank, Houston, Texas, 'and to repledge
the said securities with the Federal Reserve Bank of Dallas,
r E t_
F
and a certified copy of this.Resolution shall constitute
evidence of the authority of'the American National Bank
of Beaumont, Texas, to make said withdrawals and pledges.
PASSED by the City Council this the. / day of
197.
- Mayor -