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324 <br />RESOLUTION NO. 99 -001 <br />WHEREAS, the City Council of the City of Paris, Paris, Texas, did heretofore advertise <br />for bids in accordance with the laws of the State of Texas and the Charter of the City of Paris for <br />a City Depository for the period beginning March 1, 1999, and ending February 28, 2001, which <br />bids were received until 3:00 o'clock P.M., Tuesday, December 29, 1998; and, T <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 />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, that the bid <br />of the Liberty National Bank in Paris to act as City Depository for the period beginning March <br />1, 1999, and ending February 28, 2001, be, and the same is hereby, accepted and let; and, <br />BE IT FURTHER RESOLVED, that the Mayor, Charles H. Neeley, be, and he is <br />hereby, authorized and directed to execute, on behalf of the City of Paris, the contract with <br />Liberty National Bank in Paris to act as depository for the City of Paris upon the terms and <br />conditions set out in that institution's bid, attached hereto as Exhibit A. <br />PASSED AND ADOPTED this 11th day of January, 1999. <br />Charles H. Neeley, Mayor <br />ATTEST: <br />Mattie Cunningham, City Cl <br />APPROVED AS TO FORM: <br />Scott P. Foster, City Attorney <br />