HomeMy Public PortalAboutResolution No. 005-55RESOLUTION # 5 1955
3c.SOLUTION DIRECTING THE NAYOR TO PURCHr+3E
one ] Un rea �,hareg„ AND TO ORDER
THE I�SUiiNCE OF A CHECK IN PAYTENT THEREOF3__
:1HEREri�, the Town has heretofore authorized the, Mayor or
Pc,meone designated by him to obtain bids for the purchase of
one hundred shares and
;Jhereas, said bids have been receive t
NOW, THE2EFORE, 3E IT RESOLVED BY THE TOWN COUNCIL OF THE
TORN OF RICHLAND HILLS, TEX:
eetion 1. The Mayor shall purchase said shares
from Warrant County Savings & Loant;o be used as Investments
for 8 10,000.00 Dollars.
section 2s The Mayor shall issue a check as provided by law for
'.he payment of said Shares in the amount of
10, 000200 , dollars, out of the Purchn Rtm & T.Tprry tamon ^ :a :.d
account.
Section The Mayor is further authorized and directed
':c� ciG all other things necessary amd proper to accomplish the
purchase, payment and delivery of One bnnrlre Sharma
ADOPTED AND APPROVED this___._,.4ay of
APPROVED:
ATTE 3T :
City Secretary