Res 100-89 7/6/1989RESOLUTION NO. 100-89
RESOLUTION AUTHORIZING THE CITY MANAGER TO
EXECUTE A CONTRACT WITH PRUDENTIAL-BACHE AND
THE BANK OF NEW YORK FOR REPURCHASE
TRANSACTIONS AND CUSTODY AGREEMENTS.
WHEREAS, the City of Wichita Falls performs daily cash
management.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF WICHITA FALLS, TEXAS, THAT:
The contract between the City of Wichita Falls and
Prudential-Bache Securities, Inc. , and The Bank of New York for
the purpose of repurchase transactions and custody agreements
when it is advantageous to the City of Wichita Falls, is hereby
approved, and the City Manager is authorized to execute the same
for the City of Wichita Falls.
PASSED AND APPROVED this the 6th day of July, 1989.
M U" O R
ATTEST:
112,6n1_1(k7A/19-141.42- /
City Clerk