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<br />RESOLUTION NO. 89-046 <br /> <br />WHEREAS, the City Council of the City of Paris did <br />heretofore in Resolution No. 89-009 select NCNB Texas National <br />Bank as depository for the City of Paris; and, <br /> <br />WHEREAS, said depository in compliance with the laws of the <br />State of Texas and its depository agreement approved in such <br />Resolution, desirous of securing City of Paris funds by <br />depositing of security with the Federal Reserve Bank of Dallas, <br />Dallas, Texas, upon the terms and conditions and in the form of <br />attached hereto as Exhibit A; NOW, THEREFORE, <br /> <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, <br />That NCNB Texas National Bank be, and the same is hereby <br />authorized and directed to execute the Application To The Federal <br />Reserve Bank of Dallas For The Holding Of Securities In Joint <br />Safekeeping in the form attached hereto as Exhibit A on behalf of <br />the City of Paris. <br /> <br />Passed and adopted this 8th day of May, 1989. <br /> <br />C~~f [;tfP~~~-\ <br /> <br />Eric S. Clifford,' yor . <br /> <br />ATTEST: <br /> <br />~~''-~~~ <br />Mattie Cunningham, Cit C er <br /> <br />APPROVED AS TO FORM: <br /> <br />