HomeMy WebLinkAboutResolution No. 09-083
CITY OF THE COLONY
RESOLUTION NO.Oz1 -O(~~
A RESOLUTION OF THE CITY OF THE COLONY, TEXAS,
EXTENDING THE DEPOSITORY CONTRACT FOR THE CITY OF
THE COLONY WITH JPMORGAN CHASE BANK FOR ANOTHER
YEAR; AUTHORIZING THE CITY MANAGER TO EXTEND THE
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 l: That a two (2) year depository contract for the City of The Colony
was with JPMorgan Chase Bank, dated May 7th, 2007, and is hereby extended for
additional one year period beginning July 1, 2009. That the City Manager is hereby
authorized to extend the depository contract for another year as specified in the original
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 November, 2009.
J Mc ou , Mayor
ATTEST:
Christie Wilson, City Secretary
APPRO D AS TO FORM:
Robert Hager, y Attorney
TM 16209.76.000