Res 688 3/2/1967RESOLUTION NO. (p g Y
WHEREAS, the City of Wichita Falls has heretofore
borrowed the sum of $175, 000 .00 from the City National Bank
in Wichita Falls, for the purpose of improving and furnishing
the Memorial Auditorium building; and,
WHEREAS, the promissory note given in evidence of
such loan is due on or before March 31st, 1967, and it is
deemed advisable to make a new temporary loan from said bank
in the amount of $ / GJ eW, (W in renewal and ex-
tension of a part of said loan; said temporary loan shall be
payable on or before September 30th, 1967, at an interest
rate corresponding to the market rate of 91 day U. S. Treasury
bills as quoted one week preceding the execution of the loan.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF ALDERMEN
OF THE CITY OF WICHITA FALLS, TEXAS, THAT:
Public notice is hereby given that, at the meeting of
the Board of Aldermen on March 20th, 1967, an ordinance author-
izing such loan shall be considered by the Board of Aldermen.
PASSED AND APPROVED this the 2nd day of March, 1967 .
M A Y O R
A T T E S T:
City Clerk