Resolution 2

RE S O L UT I O N

#2 THE B OA RD OF A LDE RME NP A S S E D A RE S O L UT I O NT O A UT HO RI Z E TH E P URCHA S EOF A 1979 CHE V RO L E TF O R T HE T O WNO F P E L I CA N B A Y . THE NOTE WILL B E HE LD B Y T HE F I RS T NA T I O NA L B A NK O F A Z L E, AN D S IGNE D B Y : JE S S I E CRO CK S DA L E DON L A RS O N B U D T RE NT HA M DO N B I S HO P TH E A B OV E ME NTIONE DPE RS O NSWI L L B E RE S P O NS I B L EF O R T HE M O NTHLYP A Y ME NTSUNTI L S UCH T I ME A S T HE T O V \ I N O F P E L I CA N B A Y CAN A S S UMETHE S E P A Y ME NT S . THE TOW NOF P E LICA N BA Y WI L L ] N NO WA Y B E O B L I G A T E D T O T A K E O V E R THE P A Y ME NTOF THE NO T E UNT I L S UCH T I ME A S T HE MO NE Y I S AVAILA B LE .

RUT H HO WA RD MA Y O R T O WNO F P E L I CA N B A Y , T E XA S

SUSAN B ROW N S E CRE TA RY TO WNOF P E LICA N B A Y , T E X A S Ju n e l-, I9B z