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HomeMy WebLinkAboutResolution No. 2012-053 CITY OF THE COLONY RESOLUTION NO. 2012- A RESOLUTION OF THE CITY OF THE COLONY, TEXAS, AWARDING A TWO (2) YEAR DEPOSITORY CONTRACT FOR THE CITY OF THE COLONY TO JPMORGAN CHASE BANK; AUTHORIZING THE CITY MANAGER TO EXECUTE A DEPOSITORY CONTRACT AND OTHER APPROPRIATE DOCUMENTS AFTER APPROVAL AS TO FORM BY CITY ATTORNEY; AND PROVIDING AN EFFECTIVE DATE. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF THE COLONY, TEXAS: SECTION 1: That a two (2) year depository contract for the City of The Colony be awarded to JPMORGAN CHASE BANK. That the City Manager is hereby authorized to execute a depository contract and other appropriate documents after approval as to form by the City Attorney. SECTION 2: This Resolution shall take effect immediately from and after its passage by the City Council of the City of The Colony, Texas. DULY PASSED AND APPROVED by the City Council of the City of The Colony, Texas this 3rd day of July, 2012. oe McCourry, Mayor ATTEST: 1 hr stle Wilson, TRMC, City Secretary APPROVED AS TO FORM: Jeff Moore, City Attorney TM 16209.76.000