HomeMy WebLinkAboutResolution No. 77-04 THE CITY OF THE COLONY
BORROWING RESOLUTION 77-04
On this ~ day of ~~ , 1977, at a
special called meeting of ~he City Council of The City of
The Colony, it was
RESOLVED, that the Mayor of The City of The Colony
be and he is hereby authorized and directed to nego-
tiate a loan or loans in an aggregate amount not to
exceed $20,000, from the Lewisville National Bank in
Lewisville, Texas, said loan or loans being due no
later than a day which is six months from October 1,
1977, and it is
FURTHER RESOLVED, that the Mayor of The City of
The Colony is authorized and directed to execute on
behalf of The City of The Colony, Texas such promissory
note or promissory notes, security agreements, financing
statements, disclosure statements, and any other docu-
ments that may be required by the said Lewisville
National Bank evidencing said loan(s).
Ci~y- Secretary,
he Colony, Texas