HomeMy WebLinkAbout84-561 04-24-1984RESOLUTION NO. 84 -561
A RESOLUTION approving and authorizing the exe-
cution of a "Paying Agent /Registrar Agree-
ment" in relation to the "City of Euless,
Texas, General Obligation Bonds, Series 1984"
and resolving other matters incident and
related thereto.
WHEREAS, on this date the City Council of the City
of Euless, Texas, authorized the issuance of "City of
Euless, Texas, General Obligation Bonds, Series 1984 ", in
the principal amount of. $2,500,000 (the "Securities "); such
securities to be issued in fully registered form only; and
WHEREAS, in relation
transfer and exchange of
Agent /Registrar selected
Bank /Fort Worth, N.A., Fort
to the payment, registration,
said Securities, the Paying
therefor is Texas American
Worth, Texas; and
WHEREAS, a "Paying Agent /Registrar Agreement" by and
between the City and said Bank has been prepared and
submitted to the City Council for approval and execution,
such Agreement, setting forth the duties and responsi-
bilities of the Paying Agent /Registrar for such Securities,
being attached hereto as Exhibit A and incorporated herein
by reference as a part of this Resolution for all purposes;
and
WHEREAS, the City Council hereby finds and determines
that such "Paying Agent /Registrar Agreement" should be
approved and execution of the same for and on behalf of the
City authorized; now, therefore,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
EULESS, TEXAS, that the "Paying Agent /Registrar Agreement"
by and between the City and Texas American Bank /Fort Worth,
N.A., Fort Worth, Texas relating to the above described
Securities, attached hereto as Exhibit A, is hereby approved
as to form and content, and the Mayor and City Secretary of
the City are hereby authorized and directed to execute such
Agreement in substantially the same form and content herein
approved for and on behalf of the City and as the act and
deed of this City Council.
PASSED AND APPROVED, this April 24, 1984.
CITY OF EULESS, TEXAS
ATTEST: Mayor
City-,Secs'tary
(City Seal)