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<br />RESOLUTION NO. 97-001 <br /> <br />WHEREAS, the City Council of the City of Paris, Paris, Texas, did, heretofore, <br />advertise for bids in accordance with the laws of the State of Texas and the Charter of the <br />City of Paris for a City Depository for the period beginning March 1. 1997, and ending <br />February 28, 1999, which bids were received until 3:00 o'clock P.M., Tuesday, December <br />3, 1996; and, <br /> <br />WHEREAS, the best bid for City Depository was made by Liberty National Bank <br />in Paris, and it should be awarded the contract for such depository; NOW, THERE}1'ORE, <br /> <br />BE IT RESOLVED BY THE CITY COUNCIL O}' THE CITY O}' PARIS, that <br />the bid of the Liberty National Bank in Paris to act as City Depository, for the period <br />beginning March I, 1997, and ending February 28, 1999, be, and the same is hereby, <br />accepted and let; and, <br /> <br />BE IT FURTHER RESOLVED, that the Mayor of the City of Paris, Eric S. <br />Clifford, be, and he is hereby, authorized and directed to execute, on behalf of the City of <br />Paris, the contract with Liberty National Bank in Paris to act as depository for the City of <br />Paris upon the terms and conditions set out in that institution's bid, attached hereto as <br />Exhibit A. <br /> <br />PASSED AND ADOPTED this 13th day of January, 1997. <br /> <br /> <br />Eric S. Clifford, Mayor <br /> <br />ATTEST: <br /> <br />~~~\~ \>><\~4;) <br />Mattie Cunningham, City Cler <br /> <br />APPROVED AS TO FORM: <br /> <br /> <br />~. -."'", <br /> <br />T. K. Haynes, City Attorney <br />