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HomeMy WebLinkAboutRES 920366 - Agmt Citizen State BankRESOLUTION NO. 6 El IN - 0 1 N" NMI WHEREAS, The City of Georgetown Texas, has published notice of its intention to select a depository for City funds; and a !jjr s•4. M-1 is .10 1 11 11111011MIstrM $211l 103111 11Q1 lilt lilln" I jr! In tell �11 NOW, TBEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS, TIIAT- SECTION 1. The facts and recitations contained in the preamble of this resolution are hereby found and declared to be true and correct, and are incorporated by reference herein and expressly made a part hereof., as if copied verbatim. The City Council hereby finds that this resolution implements Finance Policy 1 of the Century Plan - Policy Plan Element, which states- "The City will conduct all municipal operations in an efficient business -like manner"; and further finds that the adoption of this resolution is not inconsistent or in conflict with any other Century Plan Policies, as required by Section 2.03 of the Administrative Chapter of the Policy Plan. SECTION 2. The Mayor is hereby authorized to execute, and the City Secretary to attest therej an agreement with Citizens State Bank to serve as City of Georgetown, Texas, Depository after i zpproval by the City Manager and City Attorney. SECTION 3. This resolution shall be effective immediately upon adoption. RESOLVED this it day of 1992. AM Elizabeth Gray City Secretary APPROVED AS TO FORM: < Marianne Landers Banks City Attorney Depository Resolution No. Page 1 of 1