HomeMy WebLinkAboutRes 2006-12 Approving J.P. Chase Morgan as the City's Depository
Resolution No. 2006-12
A R.ESO:LUTION APPROVING J.Pa MORGAN CHASE BANK NA AS THE
CITY'S DEPOSITORY; AND CONTAINING FINDINGS AND
PROVISIONS RELATED TO THE SUBJ.ECT
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
WEST UNIVERSITY PLACE TEXAS:
Section 1. On execution of all required contracts, J.P. Morgan 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 J.P. Morgan Chase NA to act as the City's Depository
Bank.
Section 3. All resolutions and parts of resolutions in conflict herewitll are
hereby repealed to the extent of the conflict only.
Sectio:n 4~ If any word, phrase, clause, sentence, paragraph, section or other
part of this resolution or the application thereof to any person or circunlstance,
shall ever be held to be invalid or unconstitutional by any court of conlpetent
j.urisdiction, the remainder of this resolution an.d the application of such word,
.phrase, clause, sentence, paragraph, section, or other part of this resolution to any
other person or CirCUlTIstances shall not be affected thereby.
Section 5~ The City Council officially finds, determine~ and declares that a
sufficient written notice of the date, hour, .place and su.bject 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. t11at each such
Ineeting 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 5. This resolution shall take effect immediately upon its adoptio.n
and signature.
- PASSED, APPROVED AND ADOPTED on ~~ //
Signed:
2006.
ATTEST: