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308 <br />Section 5. That this resolution shall take effect immediately from and after its issuance. <br />PASSED AND APPROVED this 8th day of January, 2001. <br />Michael J. Pfiester, Mayor <br />ATTEST: <br />Mattie Cunningham, City Clerk <br />APPROVED AS TO <br />. Schenk, City Attorney <br />Resolution No. 2001 -002, accepting the bid of the Liberty National Bank in <br />Paris to act as City Depository for the period beginning March 1, 2001, a d <br />ending February 28, 2003, and authorizing and directing <br />contract with Liberty <br />Pfiester, to execute on behalf of the City of Para <br />National Bank in Paris to act as depository for the City of Paris upon the terms <br />and conditions set out in that institution's bid, was presented. A motion was <br />made by Councilman Bell, seconded by Mayor Pro Tern Manning, for approval <br />of the resolution. The motion carried 7 ayes, 0 nays. <br />