Laserfiche WebLink
<br />125 <br /> <br />RESOLUTION 1994- <br /> <br />43 <br /> <br />R <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN <br />MARCOS, TEXAS, APPROVING THE TERMS AND CONDITIONS <br />OF A LETTER AGREEMENT BETWEEN THE CITY AND VICTORIA <br />BANK AND TRUST COMPANY TO EXTEND THE DEPOSITORY <br />BANK SERVICES AGREEMENT UNTIL DECEMBER 31, 1994 i <br />AUTHORIZING THE CITY MANAGER TO EXECUTE THE <br />AGREEMENT ON BEHALF OF THE CITY AND DECLARING AN <br />EFFECTIVE DATE. <br /> <br />RECITALS: <br /> <br />1. On April 18, 1990 the City of San Marcos <br />entered into an agreement with Victoria Bank and Trust <br />Company for depository bank services. <br /> <br />2. On April 12, 1993 the City approved an <br />extension o~' the agreement until April 30, 1994. <br /> <br />3. Both parties agree to an additional extension <br />of the original agreement until Decernber 31, 1994. <br /> <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />SAN MARCOS, TEXAS: <br /> <br />, <br /> <br />PART 1. That a letter agreement between the City <br />of San Marcos and Victoria Bank and Trust Company, to extend <br />the term of the depository bank services agreement until <br />December 31, 1994, a copy of which is attached to and <br />incorporated in this Resolution for all intents and purposes, <br />is approved. <br /> <br />PART 2. That the City Manager, Larry D. Gilley is <br />authorized to execute the agreement on behalf of the City. <br /> <br />PART 3. That this Resolution shall be in full <br />force and effect immediately from and after its passage. <br /> <br />ADOPTED this the 28th day of <br /> <br />March <br /> <br />1994. <br /> <br />&a~~~ <br /> <br />Bill Plummer <br />Mayor Pro-Tern <br /> <br />~At~st: A / ) /' ) <br />~~:::: &/tnAMY <br /> <br />City Secretary <br />