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HomeMy WebLinkAboutResolution - 020342A - Firt National Bank, Ft. Worth Authorized To Surrender To CNB, Lubbock Bonds - 02/03/1942OZA3y2A CITY OF LUBBOCK RLSOLUTION AUTHORIZVIG '-,"ITMM"AL (Y SECURITI-, 3tate of Texas Flirst National Bank, Fort -orth to Lubbock County j Citizens Natioaal Bank, Lubbock recessed M-�- IT that at a/re.-,ula-r rvetinof the City Commission of the vity of LUbbook, Texas, a -quorum being, --resent it was duly --oved by Cormnlasi:.)ner Newsom , seconded b,,? I-ozmissioner 14cMillan and unanin-ali-.�,r carried, that the First naan. r Toiexas be and it is hereby outhorized and Batt l BFo'T'.:4 h 9 directed to surrender to t1w. Citizens Mutional Bank, LubbocY. Texns, v`2 Bonds 21 to 40t Inolusivet due Feb, 10 19421 Storm Sewer liny,,da - 27, 11% 15j000.00 B - nds 17 to 320 Inclusive, due Feb. 10 1942, sewer Disposal 1-lant Bonds 25g000.00 Bonds 1 to 25, Inclusive, due Feb, 100 19420 Water Works Improvement and �-ostructiion :ion dso - 1% This release is nade because of the fact the City of Lubbocl,- has on deposit vrith the, First National Bank, Fort Worth, Texas, am" le security to cover City of Lubbock do osits with the Citizens 4.1 r� National Bmk, Lubbock, Texas, -and to ennbiie said 6itizens National Bank to collect said bonds at rxqturity. Passed and approved by Unanlno'ls vote of the City Con-1--iission, thisday of 19 42 A A Afrr r it 4 pv4ri c ret vury