RES2022-06 Depository Contract PlainscapitalTOWN OF TROPHY CLUB, TEXAS
RESOLUTION NO.2022-06
A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF
TROPHY CLUB, TEXAS AWARDING THE DEPOSITORY CONTRACT
TO PLAINSCAPITAL BANK AND AUTHORIZING THE MAYOR OR
HER DESIGNEE TO EXECUTE ALL DOCUMENTS REQUIRED TO
IMPLEMENT THE DEPOSITORY RELATIONSHIP.
WHEREAS pursuant to Chapter 105 of the Texas Local
Government Code the Town of Trophy Club is required to solicit for
depository bank services every 5 years; and
WHEREASthe Town has conducted a depository solicitation and
has determined that PlainsCapital Bank has proposed the most
advantageous depository relationship for the Town.
NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE
TOWN OF TROPHY CLUB, TEXAS:
Section 9. That the Town Council does hereby authorize the Mayor or her
designee to enter into a depository contract with PlainsCapital to provide depository and
related banking services.
Section 2. That this Resolution shall become effective from and after its date of
passage in accordance with law.
PASSED AND APPROVED by the Town Council of
Texas on this 28th day of June, 2022. `
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ATTEST:
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Alicia" Freury, Mayc
Town of Trophy Clu
e Town of Trophy Club,
exas
APPROVED AS TO FORM:
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Anita Otterson, Acting Town Secretary J.
Town of Trophy Club, Texas T
Dodd III, Town Attorney
Trophy Club, Texas