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<br />. <br /> <br />/. <br /> <br />ORDINANCE NO. l6l5 <br /> <br />AN ORDINANCE APPROVING AND AUTHORIZING A DEPOSITORY AGREEMENT <br />BETWEEN THE CITY OF LA PORTE AND BAYSHORE NATIONAL BANK OF LA PORTE, <br />FOR A TWO YEAR TERM, COMMENCING NOVEMBER 1, 1988, AND TERMINATING <br />OCTOBER 31, 1990, AND ON A MONTH TO MONTH BASIS THEREAFTER, MAKING <br />VARIOUS FINDINGS AND PROVISIONS RELATING TO THE SUBJECT: FINDING <br />COMPLIANCE WITH THE OPEN MEETINGS LAW: AND PROVIDING AN EFFECTIVE <br />DATE HEREOF. <br /> <br />BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LA PORTE: <br /> <br />Section 1. The City Council hereby approves and authorizes the <br /> <br />contract, agreement or other undertaking described in the title of <br /> <br />this ordinance, in substantially the form as shown in the document <br /> <br />which is attached hereto and incorporated herein by this reference. <br />The Mayor is hereby authorized to execute such document and all <br />related documents on behalf of the City of La Porte. The City <br /> <br />Secretary is hereby authorized to attest to all such signatures and <br /> <br />to affix the seal of the City to all such documents. <br /> <br />Section 2. <br /> <br />The City Council officially finds, determines, <br /> <br />recites and declares that a sufficient written notice of the date, <br /> <br />hour, place and subject of this meeting of the City Council was <br /> <br />posted at a place convenient to the public at the City Hall of the <br />City for the time required by law preceding this meeting, as <br />required by the Open Meetings Law, Article 6252-17, Texas Revised <br />Civil Statutes Annotated: and that this meeting has been open to the <br /> <br />public as required by law at all times during which this ordinance <br /> <br />and the subject matter thereof has been discussed, considered and <br />formally acted upon. The City Council further ratifies, approves <br /> <br />and confirms Such written notice and the contents and posting <br /> <br />thereof. <br /> <br />Section 3. This Ordinance shall be effective from and after <br /> <br />its passage and approval, and it is so ordered. <br /> <br />PASSED AND APPROVED, this 10th day of October, 1988. <br /> <br />ATTEST: <br /> <br />~~ <br />City Secretar . <br />APPROVED: _~ <br />04cJ ~ <br />City Attorney <br /> <br />CIn OF LA PORTE <br /> <br />BY ~~y~ <br />Alton E. Porter <br />Mayor Pro-Tem <br /> <br />........... <br />", <br />