HomeMy WebLinkAboutCity Council Resolutions (R-87-343)-10/05/1987
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RESOLUTION R-87-343
A RESOLUTION AUTHORIZING THE EXECUTION OF A CONTRACT
AND AGREEMENT BETWEEN THE CITY OF COLLEYVILLE AND
FIRST CITY NATIONAL BANK OF COLLEYVILLE
6 BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF COLLEYVILLE,
TEXAS:
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Sec. 1. THAT the City Manager of the City is hereby authorized
to execute, on behalf of the City, a contract and
agreement with First City National Bank ofColleyyille.
Said contract and agreement is for the purpose of
providing banking services for the City's funds.
Sec. 2. THAT the City Secretary is hereby authorized to
attest the execution of said contract and agreement,
and to affix the seal of the City thereto.
AND IT IS SO RESOLVED:
13 PRESENTED AND PASSED by a vote of 5 ayes and
o noes at a regular meeting of the City Council of the
14 City. of Colleyville held on the 5th day of October, 1987.
CITY OF COLLEYVILLE
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J.R. "BUCK" HUBBARD
Mayor
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LaVada Johnson
City Secretary
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Ross T. -Joster
City Attorney
LEGALITY:
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DESIGNATION OF DEPOSITORY
AND
CONTRACT FOR THE CUSTODY OF
THE FUNDS OF CITY OF COLLEYVILLE, TEXAS
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THE STATE OF TEXAS
COUNTY OF TARRANT
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This contract made and entered into on this day
of , 1987, by and between the First City
National Bank of Colleyville, acting by and through its duly
authorized officers (hereinafter referred to as Bank) and
the City of Colleyville, a Home Rule City incorporated in
Tarrant County under the laws of the State of Texas, acting
herein by and through its duly authorized officers,
(hereinafter referred to as City):
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WITNESSETH:
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The governing body of the City of Colleyville does hereby
designate the First City National Bank of Colleyville as
depository of the City funds and the City of Colleyville
will deposi t funds of such City with the Bank and the Bank
does hereby agree to accept such deposits; such deposits
shall be made pursuant to the terms and conditions prescribed
in the attached Exhibit A, pages 1 through JR
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I EXECUTED THIS THE 5th day of October, 1987.
I FIRST CITY NATIONAL BANK
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! Garry D. Hamilton, President
I Chief Executive Officer
i ATTEST:
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CITY OF COLLEYVILLE
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Robert T. McDaniel, City Manager
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ATTEST:
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