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<br />e <br /> <br />e <br /> <br />ORIGINAL <br /> <br />ORDINANCE NO ....9lL- 2 2 2 6 <br /> <br />AN ORDINANCE APPROVING AND AUTHORIZING A BANKING SERVICES AGREEMENT <br />BETWEEN THE CIlY OF LA PORTE AND BAYSHORE NATIONAL BANK OF LA PORTE, FOR <br />A THREE YEAR TERM, COMMENCING APRIL I, 1998, AND TERMINATING MARCH 31, 2001, <br />PROVIDING FOR A TWO YEAR RENEWAL OPTION AND ON A MONTH TO MONTH BASIS <br />THEREAFTER, MAKING VARIOUS FINDINGS AND PROVISION RELATING TO THE SUBJECT; <br />FINDING COMPLIANCE WITH THE OPEN MEETINGS LAW; AND PROVlDlNG AN EFFECTIVE <br />DATE HEREOF. <br /> <br />BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LA PORTE: <br /> <br />Section I. The City Council hereby approves and authorizes the contract, agreement or other undertaking <br />described in the title of this ordinance, in substantially the form shown in the document which is attached <br />hereto and incorporated herein by this reference. The Mayor is hereby authorized to execute such <br />document and all related documents on behalf of the City of La Porte. The City Secretary is hereby <br />authorized to attest to aU such signatures and to affix the seal of the City to all such documents. <br /> <br />Section 2: The City Council officially finds, determines, recites and declares that a sufficient written notice <br />of the date, hour, place and subject of this meeting of the City Council was posted at a place convenient to <br />the public at the City Hall of the City for the time required by law preceding this meeting, as required by <br />the Open Meetings Law, Chapter 551, Texas Government Code; and that this meeting has been open to the <br />public as required by law at all times during which this Ordinance and the subject matter thereof has been <br />discussed, considered and formally acted upon. The City Council further ratifies, approves and confinns <br />such written notice and the contents and posting thereof. <br /> <br />Section 3: This Ordinance shall be in effect from and after its passage and approval. <br /> <br />PASSED and APPROVED this the 23rd day of March, 1998. <br /> <br />Ci fLa Porte <br /> <br /> <br />AmST. <br />'-1 1J.)ihflv.J1"U:rl1 <br />Martha Gillett, c:z.ty SeCJ1 <br /> <br />~D: .' <br />~,V~ <br />Knox Askins, City Attorney <br />