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<br />82 <br /> <br />RESOLUTION 1986-152R <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE <br />CITY OF SAN MARCOS, TEXAS, AUTHORIZING <br />LOWER COLORADO RIVER AUTHORITY TO PAY <br />INTEREST SUMS WHICH HAVE ACCRUED ANNUALLY <br />FROM SECURITY DEPOSIT ACCOUNTS TO THE <br />DEPOSITORS OF SAID ACCOUNTS BY CREDITING <br />THE DECEMBER 1986 BILLS ISSUED TO SAID <br />DEPOSITORS; AND DECLARING AN EFFECTIVE DATE. <br /> <br />WHEREAS, Lower Colorado River Authority (LCRA) has been required <br />to pay interest annually on security deposit accounts; now, therefore, <br /> <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br />TEXAS: <br /> <br />PART 1. That the City Council authorizes LCRA to pay interest sums <br />which have accrued annually from security deposit accounts to the <br />depositors of said accounts by crediting the December 1986 bills issued <br />to said depositors. <br /> <br />PART 2. That this Resolution shall be in full force and effect <br />from and after its passage. <br /> <br />ADOPTED this the <br /> <br />8 <br /> <br />day of December <br /> <br />/\ <br />\ \~~ <br />"-- i\'\ ib, . ......,~ <br />'lJ;~"';62g r <br /> <br />Mayor <br /> <br />, 1986. <br /> <br />Attest: <br /> <br />7 IU~ tí{ tJìi11I'P'/ <br /> <br />Janis K. Womack <br />City Secrp.tary <br />