HomeMy WebLinkAboutResolution No. 88-01 R
RESOLUTION NUMBER R 88-1
A RESOLUTION AUTHORIZING THE ADVANCEMENT OF FUNDS BY
ALLIED BANK OF TEXAS (PAYING AGENT) FOR PAYMENT
AND REDEMPTION OF SERIES 1971-A BONDS TO CORRECT
INEFFICIENCIES IN THE ESCROW AGREEMENT EXECUTED IN
CONJUNCTION WITH ISSUANCE OF CITY OF FRIENDSWOOD
REFUNDTNG BONDS SERIES 1986 .
SECTION 1 . That certain Resolution entitled TMResolution
re�arding amounts held by Allied Bank of Texas , Houston as Paying
Agent , " a copy of which is attached hereto and made a part
hereof , is hereby in alI things adopted .
a � � � � * � � � � �
PASSED AND APPROVED AND RESOLVED this the 18th day of January,
1988 .
Ralph L . Lowe , Mayor
City of Friendswood
ATTEST:
, �
,
Delo is MeKenzi , MC
City Seeretary
R88-1
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