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<br />RESOLUTION NO. 2001-002 <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS, <br />PARIS, TEXAS, A WARDING THE BID FOR CITY DEPOSITORY FOR THE <br />PERIOD BEGINNING MARCH I, 2001 AND ENDING FEBRUARY 28, 2003; <br />AUTHORIZING THE EXECUTION OF A CONTRACT UPON THE TERMS <br />AND CONDITIONS SET OUT IN THE INSTITUTION'S BID; MAKING <br />OTHER FINDINGS AND PROVISIONS RELATED TO THE SUBJECT; AND <br />PROVIDING AN EFFECTIVE DATE. <br /> <br />WHEREAS, the City Council of the City of Paris, Paris, Texas, did heretofore advertise for <br />bids in accordance with the laws of the State of Texas and the Charter of the City of Paris for a City <br />Depositoryforthe period beginning March 1, 2001, and ending February 28, 2003, which bids were <br />received until 3:00 o'clock P.M., Tuesday, January 2, 2001: and, <br /> <br />WHEREAS, the best bid for City Depository was made by Liberty National Bank in Paris, <br />and it should be awarded the contract for such depository: NOW, THEREFORE, <br /> <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, PARIS, <br />TEXAS: <br /> <br />Section 1. That the findings set out in the preamble to this resolution are hereby in all things <br />approved. <br /> <br />Section 2. That the bid of the Liberty National Bank in Paris to act as City Depository for <br />the period beginning March 1,2001, and ending February 28, 2003, be, and the same is hereby, <br />accepted. <br /> <br />Section 3. That the Mayor be, and he is hereby, authorized and directed to execute, on <br />behalf of the City of Paris, the contract with Liberty National Bank in Paris to act as depository for <br />the City of Paris upon the terms and conditions set out in that institution's bid, attached hereto as <br />Exhibit A. <br /> <br />Section 4. That this resolution shall be effective from and after its date of passage. <br /> <br />PASSED AND APPROVED this 8th day of January, 2001. <br /> <br />