1987-017-RES WHEREAS, the City Council of the City of Paris, Paris, Texas, did heretofore advertise for bids in

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RESOLUTION NO. 87-017 WHEREAS, the City Council of the City of Paris, Paris, Texas, did heretofore advertise for bids in accordance with the laws of the State of Texas and the Charter of the City of Paris for a city depository for the period beginning March 1, 1987 through February 28, 1989, which bids were received until 10:00 o'clock A.M., Friday, February 6, 1987; and, WHEREAS, the best bid for city depository was made by The Liberty National Bank in Paris, and it should be awarded the contract for such depository; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, that the bid of The Liberty National Bank in Paris, to act as city depository, beginning March 1, 1987, through February 28, 1989 is hereby accepted and let; and, BE IT FURTHER RESOLVED, that the Mayor of the City of Paris, Billy Joe Burnett, be, and he is hereby authorized and directed to execute on behalf of the City of Paris the contract with The Liberty National Bank in Paris, to act as depository for the City of Paris upon the terms and conditions set out in that institution's bid attached hereto as Exhibit A. Passed and adopted this 9th day of February, 1987. ~, ATTEST: ~}\-n ~ .~, \: ~N'-l~~~ Matt~e unning am, Cit er APPROVED AS 0 FORM: J$/~ T. K. Haynes, City Attorney