Res 579 10/12/1964RESOLUTION NO.
WHEREAS, the City of Wichita Falls, Texas, has deposited various amounts
of money secured by different types of treasury notes contained in trust
receipts held by various banks ; and,
WHEREAS, it becomes desirable from time to time to release security
or add to the security as the amount on deposit varies and also to exchange
one security for another; and,
WHEREAS, these accounts change continuously and the efficient operation
and handling of these accounts would be facilitated by allowing the City
Manager and the City Clerk the necessary authority to execute changes in
the securities covering our deposits.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE CITY OF
WICHITA FALLS, TEXAS: That the City Clerk and the City Manager of the City
of Wichita Falls, be, and they are hereby authorized to execute changes in
securities covering the bank deposits for the City of Wichita Falls, Texas .
PASSED AND APPROVED this /(3,j day of October, 1964.
644/./-114, 4/41eZ,00094r-
Mayor
A T T E S T :
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