HomeMy WebLinkAboutResolution - 121968A - City Manager Authorized To Secure Safety Deposit Box At Citizens National Bank - 12_12_1968II KJ:EW
RESOLUTION
WHEREAS, the City Council has determined the advisability of investing cert
ds of the City of Lubbock as provided by the statutes of the State of Texas, and
directed by the City Council; and
WHEREAS, it has further been determined that a safety deposit box is needed
the city depository to securely hold such certificates of deposit, stock certifica
other instruments relating thereto; NOW THEREFORE
IT RESOLVED BY THE CITY COUNCIL OF. THE CITY OF LUBBOCK:
THAT the City Manager BE and is hereby authorized to secure and maintain a
afety deposit box at the city depository, the Citizens National Bank of Lubbock,
'exas; and
The City Manager, and __othet_., per.s_ons,_ designated by the City Manager, shall
ve access to such safety deposit box. The City Manager shall, in a letter to the
tizens National Bank, designate the personswith such authorized access and this
signation may be withdrawn in the same manner.
assed by the City Council. this 19
TTEST:
-1 t
Lowe, - Cit3f Secretary -Treasurer
TED:
Senter, , Jr., C' Attorney