Travis County Commissioners Court
June 14, 2005
Item 28
Now number 28 is consider and take appropriate action on the following. A is order designating j. P. Morgan chase bang as county depository. B, contract for depository services between Travis County and j. P. Morgan chase. And 28-c, pledgee agreement for authorizing collateral for county deposits to be kept at the federal reserve bank boston.
>> mary may, investment manager, harvey Davis, assistant investment manager, and we have larnell, who is our relationship manager, our primary contact with chase bank. She has another meeting so larnell, if you want to --
>> judge, Commissioners of the court, on behalf of chase bank and bank one, we are delighted that you have the confidence in our institution to continue the depository relationship with us another four years. Thank you.
>> thank you.
>> another four years.
>> yes, sir.
>> you've earned our confidence and that right and you'll say the same thing four years from now.
>> on the order under a, the contract under b, and the agreement and authorization under c, move approval.
>> second.
>> any discussion?
>> and thank you.
>> see how happy we are with you? All in favor say aye.
>> show me abstaining and the reason why.
>> Commissioner Davis abstaining. And the other four members enthusiastically voting in favor. Commissioner Davis?
>> it's not that I don't want to support, this but I have a business relationship with -- well, a relationship, not necessarily a business, but a relationship with your bank, and of course I want to abstain because of that relationship I have with you all. Thank you.
>> thank you for your patience also.
>> thank you very much.
>> thank you very much.
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Last Modified:
Tuesday, June 14, 2005 8:42 PM