HomeMy WebLinkAboutR79-191 CITY OF PLAINVIEW
RESOLUTION NO. R79-191
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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 thc depositor and depository now desire the Federal
Reserve Bank of Dallas to permit a subsitute of certain securities which
it holds in safe keeping;
'HOW, THEREFORE, BE IT RESOLVED by the Mayor and City Council
that the Federal Reserve Bank of Dallas is hereby requested and
authorized to surrender securities in the amount of $270,000, and to
substitute securities in the like amount of $280,000.
PASSED AND APPROVED this the 27th day of November, 1979.
ATTEST:
WALTER S. DODSOhf, City Clerk
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