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HomeMy WebLinkAboutLegal Document0EilEi95 16:43 081 Pos~•iC Fax Nape 7671 Try °- -.~. ~e ~' k.l ['!i, ~ ~: ti'~Ii~ .;r ,c. , J V~t~r~)~ F..~x r l7~~ 7, r - City of College nepartment of De P.O. Box 9960 College Station, Theis is an irrevo C"2~e4Q Station, Glenn D. Thomas d 5, ~.T.C,A, Texas Thies Bank promis Station, Texas up exceeding the cum 1~ ~'f 1Qa~a rro~n,~ •~ . .~ 3Y M ~ ~ l/7 7 •-~ u '~-.~. __ ~tation, Texas From: victoria Bank & Trust ~elopment Services Onp o~Connor Plaza Z'~xas 77542-0960 Victoria, Texas 77902 LETTER OF CREDIT NO. 3~OA able Lett®r of Credit issuQd to you Texas at the request of Charles. g, The city of ~a Thomas ProperL-ies, in accordance with Chapt®r Business and Commerce Code. ~ to gay to the order of n presentation of a sight lative tote].. of $4,800.00 the City of Collage draft, any amount not on or before 8/18/g6, This is not at No ation Credit, and The IIeneficiary, steal be entitled to payment of documents. In accordance with Code, this Letter to`al outstanding exac:ution and deli by the Director o Jtdtl0J2 , This Latter msy be c~~mpl a ted i.~provem written authorizat This Letter of In witnASv whereof, and attested by it Prof of his autr~oi• Is;;uer, this ]8t~, City of College Station, without the prPSentation Section 5,106 of The Texas Business and Commerce f Credit may be ~nc~dified by the reducti®n of the and unused a1ROlIRt of this credit, u~-ors ~:he erg to Zssuer of a sworn statement making dEmard '.Development Services pf the City of, College ~rsaucea upon approval and acceptance by City of nts, which reduction ma.y onl. be madc~ 6„y ®n of the Director of Developments, Servicieshe it sh~l1 ex~sirs 8/I8/9G. the Issuer has c is Letter to be signed duly authorized officer(s) who has attached nation to sign, and sealed with the seal of the . day Oi ---~. r 19 9 5 . t ..~ Issu~,r: ~f- v ~ old •- //Lt~J~ By: Darrell W, Cooper, Senior Vi a Pre:(dent _ ®EilEi95 16:43 THE: STATE OF TS C®UNTY ®F vICTO 1A P3etore Pie, ttie undersigned authority, on thi8 day personally appeared known to me to be the person whose na e. is subscribed to the foregoing instrument, and aC};nowledyeci to me rhAt tie esxecuted the same for the purposes and eon~ideration t,ercin expressed. given ttnfler my and anQ veal of office on this the ._1~stLday of ~,~er 1995. KIN Clftd ~~ s ~,(JZQ,~ KO~,ary Public i.n an8 for the ~Cp. 42798 State of TQX98 002 ©E•'lE'95 16: 44 ~'1C'T()ltl/1 )3AN1C ~ I'httlS~l' At1THilR17.1A1C"i OFFICERS AND EMPLOYF.I:S 'l°(3 AC'I BOARD OF DIRECTORS RESOLVED, that the irtnan of the lrxet;ua~t Cuuunittee of the Board of Directors, Chairman oT tl-e ]3u,ttd, President, end Lace t-rc Viut P-cai~ler-t, Senior Vice President, vice I'resrdene or Assistant vice T'rr.cident. tear Caxhirr. any As isWnt Cashier ttf the Bank, and anY other ulttcer or rmployee des-gnated m wtitiuti Vv tl-e Chsuuwu trf tl-e uai~l, tout linaieed to the particular uutl-ority stated in such wntton de~enpuan•,. ;,n\ tsr aU of them a~rmg jnintl cir .evrrally. a:r authoiized and empower~cd t'or and nn bchalF at the Bank tai endulst, pledge. assi~u, ua-uf t, -cdio~~uu-. arwl d'e+C,i~sc and purehax of any and nil nOtCS, checac3, bone!,. dr3ft4, IrlOrte'y QrdP.fS, hills of :chanve, srcurities, all types of listed options and other obljgations held hy, par-az51e to qr Dwned Dy 11115 Bat : tv c-cate Cu- atuf vu UchalC oC this Dni-1. bills payable. flcttcr3 of credit, notes and accoaau pwin8, to make c ntracts xn~l ~~e'~rmrorc with reference thereto: to sign Checks. drafts and bil1~ of exCtlatlRe io[ and nn tx:natl't 1'this I3attk, ~eetla, 1I15-tutitrut~ uC wuvcysu~e, tian,gfees, and agreements wi-h reference to anti ~ffer:tittE,t auy ~ ,d sll prope-ties, tea! and pcrsgnai. ~iwne.ci and/or claimed hy, and to he t-wnecl androt claimed oy tnis Bank (p ~viclecl, however, transrcr and conveyances oC real eat:t-c shat! tn: si~-x:tl by Uic President nr any of the abu~~c SesiguateJ Vice P:eei+len~), to Jesse stud siihlr..r any rrnf+e.Ry nwncd and~nr claimctl by tills liallK, and coil ct all prot:cetlS tflercftt~m and receip[ [heret'or; and to open accounts ant! make deFosits with o[h2r ben}:ing inR irutinn~., hclonging to this Bank. an-1 w wl-ieh this Sank !s or might t+c entitled and negotiate and enter into ~uch agreettunt5 autl e~teLUte and deliver Such dtxumtnts, cCrtincatcs and mstr~rr-snts uC a--y kiuJ w ch actcr which tie necessary or lppmpristc aad arc rsquircd by or iru:identul to the Co-ldact and administration of the haziness of the Bank. FI1R'iNFR RESOLVE .that the officers anti employees designated in the foresruln>;.rosolution art autl-utitee9 aaQ e-upuwe-ct] a~ E -fv~ ~~~ nit ilre sets and cxctutc al! the inat-i+m~nts enumerated in Such rasolutii,n with reean:l rn all rral nr lx:ra, 1 pntrrrty held ls' d-r Ba--k as executor, scent, administrator, guardian, trustee or to any fiduciary capacity w atuuever. The undersigned, Mic f W. Moses< Secrrttuy to the Btsa*c1 of nirectnro of Victntin Bank & Trus[. a ~anKing corporation incorpo tea under the lass of ate 3[ace of Texas -lvos l-e-eUy t:cttity that the foregoing Rzsolutlon of said Bank was a opted at the regular monthly meating of the ~9ir~rrnra of said Aank nn the !7th day o1' January, 19YJ. at w'[!t meeting more than it tltajurity ni the alrectors vi paid Bank were grcxut i-i pt:rsoal: and that said Resoluti n was adopted Isy unanimous vote uC tl-e lirecwis represented at said mrnt~nr day of `T'O CERTIFY wEiIC ,witness my hand send the seal of said Bank on this the t~ _ Auaust . 19 ~ . Tom` StOCi(er '~ Vice President / t.t~ 9ci.wta-y, David of Directors o Vicrrnia Rank ~ 'ftvat ~D3 RFSOZr^~