HomeMy WebLinkAboutRes 2019-01 Approving JPMorgan Chase Bank as the City's DepositoryCity of West University Place
Harris County, Texas
RESOLUTION NO. 2019-01
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST UNIVERSITY
PLACE, TEXAS, APPROVING JPMORGAN CHASE BANK NA AS THE CITY'S
DEPOSITORY; AND CONTAINING FINDINGS AND PROVISIONS RELATED TO
THE SUBJECT.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WEST UNIVERSITY
PLACE, TEXAS:
Section I: On execution of all required contracts, JPMorgan Chase Bank NA is
appointed to act as the City's depository bank.
Section 2: The City Manager is authorized to finalize and execute all contracts
required to appoint JPMorgan Chase NA to act as the City's Depository Bank.
Section 3: All resolutions and parts of resolutions in conflict herewith are
hereby repealed to the extent of the conflict only.
Section 4: If any word, phrase, clause, sentence, paragraph, section or other
part of this resolution or the application thereof to any person or circumstance, shall
ever be held to be invalid or unconstitutional by any court of competent jurisdiction,
the remainder of this resolution and the application of such word, phrase, clause,
sentence, paragraph, section, or other part of this resolution to any other person or
circumstances shall not be affected thereby.
Section 5: The City Council officially finds, determines and declares that a
sufficient written notice of the date, hour, place and subject of each meeting at which
this resolution was discussed, considered or acted upon was given in the manner
required by the Texas Open Meetings Act, as amended, and that each such meeting
has been open to the public as required by law at all times during such discussion,
consideration and action. The City Council ratifies, approves and confirms such
notices and the contents and posting thereof.
Section 6: This resolution shall take effect immediately upon its adoption and
signature.
Est u��y INTRODUCED, READ and PASSED, by the affirmative vote of the City Council of
�► West University Place this the 14 day of January, 2019.
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Mayor
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Thelma Gilliam, Ci ecretary
APPROVED AS _
Alan Petrov, City Attorney