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<br />. <br /> <br />. <br /> <br />Resolution No. 74-4, Page 2. <br /> <br />(. . <br /> <br />Section 3. The City shall be given five (5) days <br /> <br />notice by any Depository Bank, of any request for release <br /> <br />of pledged securities, or request to pledge additional <br /> <br />securities. <br /> <br />Section 4. The market value of the securities pledged <br /> <br />by a Depository Bank shall be an amount equal to 110% of <br /> <br />the amount of City'funds on deposit in said Depository Bank. <br /> <br />PASSED AND APPROVED, this the 28th day of August, 1974. <br /> <br />CITY OF LA PORTE <br /> <br />( <br /> <br />'- <br /> <br />By 1: a-. ~4t~4 <br />E. A. Thomas, Mayor <br /> <br />ATTEST: <br /> <br />~ 0 ~ <br />~A-~~~ fl~a_J <br />City C1 rk <br /> <br />AP~W~ <br /> <br />City Attorney <br /> <br />,- . <br /> <br />'-- <br /> <br />l <br />'- <br />