HomeMy WebLinkAboutCity Council Resolutions (R-87-342)-09/21/1987
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NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF COLLEYVILLE, TEXAS:
ATTIDakC~
I LaVada Johnson
II Ci ty Secretary
IIZ~/SllM AND LEGALITY:
ILss T. Foster
I City Attorney
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WHEREAS,
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RESOLUTION R-87-342
A RESOLUTION DESIGNATING SIGNATORIES OF THE CITY
OF COLLEYVILLE WITH THE FEDERAL RESERVE BANK OF
DALLAS
Chapter 105, Depositories for Municipal Funds, Local
Government Code of the State of Texas requires pledged
securities at least equal to the total amount of
deposited funds with the City's Depository, and
the City of Colleyville does hereby direct that
said pledged securities be deposited with the Federal
Reserve Bank of Dallas for Joint safekeeping between
the City and the City's Designated Depository, and
the Federal Reserve Bank of Dallas requires the
official designation of signatories authorized and
empowered to execute transactions for and in the
name and on behalf of the City of Colleyville in
full compliance with the Federal Reserve Bank of
Dallas regulations,
THAT the following City Officials are hereby designated
as official signatories for the City of Colleyville
to execute transactions necessary to maintain the
joint safekeeping of pledged securities between the
City and the City's designated Depository:
Robert T. McDaniel, City Manager
or
LaVada Johnson, City Secretary
RESOLVED:
a vote of
1987.
this ~'ct.ay
of
S- to
_~ on
CITY OF COLLEYVILLE