R87-04RESOLUTION NO. 97_4
WHEREAS, the City of Kennedale desires to have an
alternate depository for City funds; and
WHEREAS, First National Bank of Kennedale is a local
bank that provides easya¢cess for deposit and withdrawal
transactions; and
WHEREAS, First National Bank of Kennedale provides
earned interest at or above the current rates for M -Bank
Mansfield.
NOW THEREFORE BE RESOLVED BY THE CITY COUNCIL OF THE
CITY OF KENNEDALE, TEXAS THAT:
The first National Bank of Kennedale is hereby
designated as an alternate depository for City funds. It is
further resolved that signatories and withdrawals shall be
the same as those designated for use at M -Bank Mansfield.
Passed in open session of the C' $y Council of the
City of Kennedale, Texas on February 1//1987. -1
ATTEST:
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City Secretary
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