Loading...
HomeMy WebLinkAboutResolution - 041058E - Cancel Agreements - Citizens National Bank - Time Warrants, Paving Program - 04_10_1958 RESOLUTION WHEREAS, the City Commission of the City of Lubbock passed a Resolu- tion on March 27, 1958, authorizing the Mayor to execute for and on behalf L' of the City of Lubbock, an agreement with Citizens National Bank of Lubbock, , Texas, to take up, renew, extend and pay the City of Lubbock's proportionate part of the paving,program in the amount of $50,000. 00, the City at the earlie st practicable time to issue Time Warrants to the Citizens National Bank of Lubbock, Texas, in the amount of $50, 000. 00; and, WHEREASa said City Commission deems it expedient to cancel said Resolution; NOW THEREFORE: BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF LUBBOCK: 1 SECTION I. THAT said Resolution passed by the City Commission on March 27, 1958, authorizing the Mayor to execute a Time Warrant Issue Contract with the Citizens National Bank of Lubbock, Texas, in the amount of FIFTY THOUSAND AND N0/100 ($50, 000. 00) DOLLARS, as aforesaid, BE and the same is hereby cancelled. Passed by the City Commission this 10 day of April , A.D., 1958 MAYOR yCityATT ney City Secretary-T easurer 1 r N P.