HomeMy WebLinkAboutResolution - 031435B - Confirmation Of Security Deposits Made By Citizens National Bank - 03/14/1935 Best Available Scan
R E S 0 L U T 1 O N
W!MiREAS, by Ordinance No. 528 passed and
q1
0314358
approved on the 24th day of January, 19359, The Citizens
National Bank of Lubbock, Texas, was selected as
the Depository of the funds of the City of Lubbock,
Tex -as, to be secured by deposit of perrnissil)le se-
curities under the Statutes of this State, and
71HEREAS, the said The Citizens national Bank
has placed ;with the First National Bank of kit. Ifforth,
Ft. `''orth, 'Texas, securities for the purpose of
covering deposits of this City rrith such depository
in compliance 7ith such selection and said Ordinance
No. 528, 7rbich said securities a.re described
as follo:srs: -
P -► 1040.00 City of Iubl,)()ck ",aterworks .:,.tension Bands 5
dated 2/11 29 #14 due 2/1.1/43, #-15# clue 2/1 �f44 - #16 due 2/x,1/45,
#17 due 21/46 - J- due 2/11/47, #21 clue 2//11/549 #27 due 2,,/11/540
#29 due 2/11/58
Interest due Feb. art d Aug* 11 09008.00
1!f'ith A ugust 11, 1939 and subsequent coupons attached*
12 - 1000*00 City of 74).bbock Ctreet Improvement :sonde, dated
P/11/29 5 '91, dve 2/11/58, #28 slue 2/11 43, 32 dated 2/11/449
#.37-38-39 due 2/11/4.5, 040-4.1-42-43 due21/46, #44-4.5 dug 2/11/47
Interest due Feb. and Aug 11th
sl2j000.40
ith August 119 1935.and subsequent coupons a.tta.ched.
24 - 1000,00 City of Lubbock Funding Bonds Ser. 1927 - 5�'
w ted 5/20/27 {,rith 5AO/35 and subsequent coupons attached.
Nos, 32-35 incl. 41-+44 incl. - due 5/20/40
Nos. 46-49 incl, due 5/20/41 Po. 107-1.1.2 incl. cine 5/20/45 mo, 121-
1.26 incl. dere 5/20/46
Into due Way &]rev. 21? 24,000.061
3 - 1000.00 # 7 - 8 - 9 City of Lubbock ,.'ewrer ':xtension
Se,,�rer Bonds °ger. A of 1929
Dn t e d 2/11./29,
Due:
tios. 7-2/11/ - 1943 Los, €3 - 2/11/45 - 2vo. 9-12/11/47
"ith 8/1.1/35 and subsequent coupons attached.
Int. due 1.eb. }end Aug.11
3 - 1000*00 boo. 164*11620 C t of tub ock �wver sIxtension -gond
,.3r. s of 1.929 5% - Iia to d 87179 - ciue 2/1/48 - 49 3 f ti00 • Q4?
`_:ith 8/15/35 MA Watsequent coupons attached.
Into due relb. and Aug. lot
I - 500,0(1 #26 City of Lubbock, Incinerator 11,nt '^rrrmt ',or.
192 58 500,E 00
Dated 5X/19243, qua 2,1/1941, �,,-i th 0/1/35 and subsequent
coupons attached
Into ^ Lae Feb. vmd a,ug. lot
1 - 1000.00 ' 103 City of lubboo k 6% Street Imp. Band 3 190001x00
7) -ted 7/5/1920, due 7/1./.942
' 'i th Interest coupons 7YI/35 and oub"quent coup, rnz ccttaah®d
Int. due Jan & July tat
3 - 1000900 #s 31-33 inal. .':;ity :;f bubbock Street Imp* ::sends
.er. 19f,'15 5% - Darted /P0/5, due 2/20/3d - with 8%0/35 md
ouboequent coupons attached* 4,39000*00
Irto due Febo ind kug. 20.
' - 1000.00 #8 66 - 70 Incl. 113 - 114 City of jubbock Street Yap*
1q2 4 - �7 00 000 00
1) tech 5/1/1924 Sao. 66 - 70 Inez. - due 4/1!)/35
Vo. 115-114 clue 4/10/40
i th
4/10/3b and subsequent coupons attached.
Into care k +ril and Uc;t. 10
1 - 1000.00 City of 1.ubbook 5% Sewer Bond 1#40 - dated ?/15/19111
-lue 2/15/1951. -110,000*00
. ith q/15/35 and subsequent coupons attached.
Interest due Yell. and Aug. 15*
2 - 1000*00s 18.17 Cit of 14,b'boc k a.teraorkc .'fonds
Ue r. 1925- 5 Dated 2/250/25, (luo &2/20/
With 8/20/35 and subsequent coupons t� t ached '?,06i63.630
Into due Feb. and Aug. 20
1 - 1000,00#25 City of lubboci� Vate rwo rks Bond lie r. 19'22
43+'
dated. P'?t due 2/1/37 '-ith: 8/1/35 and subsequent
coupons itVioheds ;100063.00
Into due Feb. and Aug. let
12 - 1000*00 City of Lubbock Imp. i� onds -&re 1929 5;
`f19 due ? - 11 - 1940 - #48.47 due 2/11/47
}82 -
0,3 due 2/11/1956 - #RP -89-90 flue 2/11.x'55 �i2*L�Ct0.a0
°x`98 -97 -OP - 99 clue 2/11/60
Into clue Feb* and Aug* 11th.
,Aug, 11# 19,35 and mbsequent coupons attachedo
2 - 1000900 City of lub ;ack "ity .hall 11onde # 17-18
Elated 1.2/20/23, due 6/20/44 - with 6/20/35 and subsequent
coupons ztta:cred 1 2#000.00
Into Ave June and "pec. 20
2 1000*00 City of 10W)ock '.Lieco Ught and Imn.,er
"vetem Bonds $or* 1923# dated IV3210/t3 - due 6/20/42 pith
3 ,
6'/ 20/35 -and subsequent coupons attached 20000000
Into due June and Dso* 20
1 - 1000.00 1V 19 m it of !Vbbock -"'temorks :�xtenalon .1�,,nd
'ere of 1929 Dated
Jue 1/11/48 with i/i]./35 and
,
subsequent coupone attachedo 55, 3 10000000
Into due Feb. m Aug* 11
I - 500*00 # " City of 111bbock W/75 .2-treet Improvement bond
dhated 7/5p0t due 7/i/39 - -rith 7/3./35 m subsequent
coupons attaahe4 11 500000
Interest dust JRn 'W1 I July 13t
4 - 1000*00 City of Lubbock' :,' 'treat 1!nprovemerit BorAs#
;ries A of 1149.99 dated n1.111'19 -.1th P/11/35 and subsequent
coupons attached 4 40000.,00
#9 33-34-35 due P/11/44
P
f,,s 36 due ',".)/11/45
Into due Feb* m d Aug* 11th
500oo )
) 3% Federal Farm. .1iort gage ["Oorp.Bonds of 1944-49
21 -1000*00)
$259000#00
Diatcd 5/15/34$ -,Iue 5/15/49 with 5/15/35 and subsequent
coupons attached.
Inte due llny mid rove 15
40 - 100*00
20 - 500000 3'1 7eder-,,l Farm Mortgage orTio Sonds of 1944-49
61 - 1000*00 drtted 5/15/34 due 571V49 1750000*00
"it j u -ay 15, 1935 and mbsequent coupons attacled*
Into due XAy and Novo 15
031435
which are held to the joint account of the Depository
and this City for indemnity to the City;
Now, therefore, NL IT RESOLVED by the
City Commission of the City of Lubbock, Texas, that
the City of Lubbock, Texas, do hereb:,- ratify and
confirm such deposit -and the terms thereof, and
the individual securities as being acceptible and
in compliance ;rith the ordinance selectins the
depository, insofar as the face of such securities
do not exceed the sums of the City on Deposit
vi.th said The Citizens rational -Bank of Lubbock, 'Texas.
Passed and proved by unanimous vote of the
City Commission, this the 14th day of March, 1935.
7-7 Mayo r
A �T
10
City 6ecret�xy.