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0 <br />RESOLL'TIvN N0. 812 <br />0 <br />uuHEREAS, it hGs been called to the attention of the City Council of <br />the City of Faris, by the City ivlanGger, :-,lbert K. Steinheimer, thGt he has <br />in the Revenue Bond Contingency and Improvement i'und, $6,500.002 which is un- <br />invested; and, <br />tiuHE:z.E11S, this investment, in a savings and lcan account with the iirst <br />iederal Savings Gnd Loun _,ssociation, will pay the highest returns of any <br />luwful investrnent for such funds; TI-iL',EFORE, <br />BE IT nESI":;LVED BY THE CITY QOUNCIL OF T'rIE CITY 0F PAiiIS, ThGt the <br />City Cleric, H. C. Kennerner, and the City Ivian~ger, ;~lbert K. Steinheimer2 be, <br />und they Ure nereby authorized and directed tc invest the sum of $6,500.00~ <br />irom the rtevenue Bond Contingency Und Improvenent :Fund, in the rirst i=ederUl <br />Sa,,Angs und Loan :;ssociUtion of the City of Faris~ Texas, which inJestment <br />shall be made subject to c411. <br />Fassed Gnd Gdopted this llth day of _%,u.-ust, D. ~ 1958. <br />iu1ayor Pru Tem <br />ATTEST <br />, City Clerk <br />~ <br />APPR,~VED .'~S TG r.: :i,Jt: ~ <br />City yttorn~y. <br />r <br />