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R-1974-4
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R-1974-4
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Last modified
11/2/2016 3:48:31 PM
Creation date
7/26/2006 8:43:43 AM
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Legislative Records
Legislative Type
Resolution
Legislative No.
R-1974-4
Date
8/28/1974
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<br />e <br /> <br />e <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 />-./' <br />~ <br />" <br /> <br />CITY OF LA PORTE <br /> <br />By l t!-.. ~-c <br /> <br />E. A. Thomas, Mayor <br /> <br />ATTEST :.; <br /> <br />~?J? '~P- J <br />City Cl k <br /> <br />APPROVED: ~ <br /> <br />~W~ . / <br /> <br />City Attorney <br /> <br />.- <br /> <br />. <br />
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