HomeMy WebLinkAboutR81-399RESOLUTION NO. R81-$99
A RESOLUTION OF THE CITY COUNCIL OF?THE CITY?DF
PLAINVIEW, TEXAS AUTHORIZING CITY NATIONAL
BANK OF PLAINVIEW, TEXAS TO SUBSTITUTE SECURITIES
IN THE AMOUNT OF $34S,000.
00
q
WHEREAS, the City National Bank has been designated as a
depository of the City of Plain~iew. 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;
and
NOW, THEREFORE, BE IT-RESOLVED BY the Ma or ·
Plain¥iew, Texas, to au ' _ ~ and City Council of
thorlze the execution o · ·
Federal Reserve Bank of Dali ........... ~ an appl~cat!on to the
the amount of ~ ~ . ~ ~u~sn~ng the holding of securit' ·
^= ~ .. ~3-~,000 an jo~t safekee~i~ ~ ........ les ~n
~ ~a~nview. ~ ~ ~un ~y National Bank
PASSED AND APPROVED this the 9thday of Jun~, 1981
WALTER S. DODSON, City Clerk