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174 <br />Mayor Pro Tem Burnett called for the tabulation of bids for a Bank Depository <br />for the two year period beginning March 1, 1981, and the following bids were <br />presented: See Attachment No. 2 <br />Resolution No. 2083 authorizing the Mayor to execute a contract with the <br />Liberty National Bank for the Depository beginning March 1, 1981 for a two <br />year period was presented. A motion was made by Councilman Kohls, seconded <br />by Councilman 'Ilortham for adoption of the Resolution. The motion carried <br />5 ayes, 0 nays. <br />RESOLUTION NO. 2083 <br />WHEREAS, the City Council of ti:e City of Paris did heretofore <br />advertise for bids in accordance with the laws of the State of Texas <br />and the Charter of the City of Paris for a city depository for the <br />period beginning March 1, 1981 through February 28, 1.983, which <br />bids were received until 10:00 o'clock A. N/1. , Wednesday, <br />February 4, 1981; and, <br />WHEREAS, the best bid for city depository was made by The <br />Liberty National Bank in Paris, and it should be awarded the contract <br />for such depository; NOW, THEREFOP E, <br />BE IT RESOLVED BY TJ --1E CITY COUNCIL OF THE CITY OF <br />PARIS, That the bid of The Liberty National Bank in Paris, to act as <br />city depository, beginning March 1, 1981 through February 28, 1983, <br />is hereby accepted and let; and, <br />BE IT FURTI iER RESOLVED, -111at the Mayor of the City of <br />Paris, Michael E. Malone, be, and lie is hereby authorized and di- <br />rected to execute on behalf of the City of Paris the contract with <br />1lle Liberty National Bank in Ptiris, to act as depository for the <br />City of Paris upon the terms and conditions set out in that institu- <br />tion's bid attached hereto as Exhibit A. <br />Passed and adopted this 9th day of February, 1981, <br />Billy Job R/urnett, Mayor Pro Tem <br />A TTEST: <br />H. C. G e ne, i' G trk <br />APP OVED TO FORM: <br />K. laynes, City Attorney <br />