HomeMy WebLinkAboutResolution 1035TUESDAY, FEBRUARY 5, 1985
Weldon Snow dba Richland Construction Ohio Casualty Insurance Company
Companies
There was presented correspondence from The Millers Mutual Fire Insurance
Auth Contractor's cancellation
Bond on isofsued"', Company of Texas giving notice of cancellation of Contractor`s Bond No 7934702 issued
Cont
+ to T W Foster, Inc It was the consensus of the City Council that the bond be
to T W Foster cancelled effective February 3, 1985, but that it remain in full force and effect for
! all work performed prior to date of cancellation
Cancellation of Contra
Bond issued to Haws &
Garret General Cont
Auth cancellation
of Landscape Irrigator'.
Bond issued to Leonard'.
Technical Services
Adopted Resolution 10351
authorizing withdrawal
and substitution of funi
by MBank FW
rr There was presented correspondence from The Millers Mutual Fire Insurance
Company of Texas giving notice of cancellation of Contractor's Bond No 7927443 issued
to Haws and Garrett General Contractors, Inc It was the consensus of the City Council
that the bond be cancelled effective February 10, 1985, but that it remain in full
force and effect for all work performed prior to date of cancellation
There was presented correspondence from Lawyers Surety Corporation giving
notice of cancellation of Landscape Irrigator's Bond No 1SC 4'39219 issued to Leonard's
Technical Services It was the consensus of the City Council that the bond be
cancelled effective January 11, 1985, but that it remain in full force and effect for
all work performed prior to date of cancellation
Council Member Johnson introduced a resolution and made a motion that it be
adopted The motion was seconded by Council Member Williams The resolution was read
by the City Secretary The motion, carrying with it the adoption of said resolution,
prevailed by the following vote
AYES Mayor Bolen, Mayor Pro tempore Stute, Council Members Zapata,
Johnson, Lancaster, Williams, Wetherby, Newkirk, and Bagsby
NOES None
ABSENT None
Resolution NO 1035
The resolution, as adopted, is as follows
RESOLUTION NO 1035
"Whereas, heretofore, under date of January 21, 1985, the
Federal Reserve Bank of Dallas issued to City of Fort Worth,
Depositor, and MBank Fort Worth N.A , Depository, its Joint
Safekeeping Receipt or Advice of Deposit or receipts covering
certain securities, and
"Whereas, both the Depositor and Depository now desire the
Federal Reserve Bank of Dallas to permit a substitution of certain
securities, or a withdrawal of securities, which it now holds, as
hereinafter more fully set forth, and
"Whereas, the securities, if any, hereinafter mentioned, which
the above named parties desire to substitute in lieu of those
heretofore placed in safekeeping with the Federal Reserve Bank of
Dallas, meet with the requirements of law and have been and are
hereby approved, and
"Whereas, the securities, if any, hereinafter mentioned, which
the above named parties wish to withdraw, are entitled under the
law to be withdrawn,
"Now, therefore, be it resolved That the Federal Reserve
Bank of Dallas be and it is hereby requested and authorized to
surrender the following securities heretofore placed with it for
safekeeping by the above named parties, to-wit.
RECEIPT NO DESCRIPTION WITHDRAWAL PAR VALUE
CUSIP NO
912827PY2 10 8751, Treasury Notes, Due 9-30-85 $3,000,000 00
912827QE5 10 501, U.S Treasury Notes, Due 11-30-85 3,000,000 00
and to receive in lieu thereof the following securities, which are
hereby in all respects approved
CUSIP NO DESCRIPTION SUBSTITUTION PAR VALUE
912827RN4 10 3751, U S Treasury Notes, Due 11-30-86 5,000,000 00
"Be it further resolved That the Federal Reserve Bank of
Dallas be and it is hereby authorized to deliver the securities
described herein to the substituted for or withdrawn to MBank Fort
Worth or its order "
petition requesting I( There was presented a petition containing 92 signatures requesting that the
additional police pro- I City of Fort Worth provide additional police protection and better law enforcement for
tection and better law i? the Southside Community It was the consensus of the City Council that the petition be
enforcement for South ? referred to the City Manager's Office
side community { tl