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Res 148-85 10/1/1985RESOLUTION NO. * -B) RESOLUTION RECOGNIZING PARKER SQUARE STATE BANK AS A PARTICIPATING BANK FOR CITY ' S DEPOSITS , AND AUTHORIZING EXECUTION OF A DEPOSITORY CONTRACT WITH SUCH BANK . BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS , TEXAS , THAT: WHEREAS , heretofore the City published a notice that it would receive applications for the custody of City funds , as managing depository and/or participating depository . NOW, THEREFORE , BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS , TEXAS , THAT : The City hereby recognizes Parker Square State Bank as a participating bank for the City ' s time deposits , and authorizes the City Manager to execute a depository contract with such bank for time deposits . PASSED AND APPROVED this the 1st day of October , 1985 . I' 401111i2- M A Y O R ATTEST: City Clerk