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HomeMy WebLinkAboutR80-234 CITY OF PLAINVIEW RESOLUTION NO. R80-234 O0 !4i WHEREAS, the City National Bank has been designated as a depository of the City of Plainview and is required to pledge certain securities against these deposits to be held in safe keeping; WHEREAS, both the depositor and depository now desire the Federal Reserve Bank of Dallas to hold certain securities in joint safe keeping; NOW, THEREFORE, BE IT RESOLVED by the Mayor and City Council of Plainview, Texas, to authorize the eXecution of an application to the Federal Reserve Bank of Dallas requesting the holding of securities in the amount of $515,000.00 in joint safekeeping with City National Bank of Plainview. PASSED AND APPROVED this the 8th day of ~pril, 1980. ATTEST: Walter S. - , ty C1 erk