HomeMy WebLinkAbout1999-01-05-0900AM-Regularl
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BRYAN. TEXAS 9Y OF.?Utr
AGENDA
BRAZOS COUNTY COMMISSIONERS COURT MEETING
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THE COMMISSIONERS COURT WILL MEET IN REGULAR SESSION ON TUESDAY,
JANUARY S, 1999 AT 9:00 A.M. IN THE COMMISSIONERS COURTROOM OF THE
BRAZOS COUNTY COURTHOUSE, 300 EAST 26TH STREET, SUITE 115, BRYAN,
TEXAS.
1. Invocation - Commissioner Cauley.
2. Pledge of Allegiance - Commissioner Cauley.
3. Citizens input and/or concerns. At this time, the Judge will open the floor to citizens
wishing to address the Court on county-related issues not scheduled on the agenda.
Please limit subject matter to five minutes. The Commissioners will receive the
information, conduct research into the matter, and/or place the matter on a future
agenda for discussion. (A recording is made of the meeting; therefore, please give your
name and address for the record.)
Consider and take action on agenda items 4 - 16:
4. Budget Amendment 98/99-7.
5. Personnel Change of Status.
6. Payment of Claims.
7. Addendum to Administrative Services Agreement with Employee Benefit Services.
8. Request by County Extension Agent for out-of-state travel to Little Rock, Arkansas,
February 17-20, 1999, to attend the Southern Region Officers Workshop.
9. Appointment of a County Court at Law judge to serve on the Brazos County Bail Bond
Board.
10. Posting of speed limits on Hardy Weedon Road located in Precinct 3.
11. Application for Military Service Credit by a County employee.
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13. Requisitions for Replacement Computers from Capital Projects Fund:
a. Scanner for Road & Bridge Department
b. Computer and monitor for stock-
12. Bank Depository Contracts with the following financial institutions:
a. Compass Bank
b. First Federal Savings Bank
c. First National Bank
Commissioners Court Mating Agenda
January 5, 1999
Page Two
14. Award the following Bid and Requisition:
a. Bid No. 99-029 - ADA Compliant Elevator for Annex Building
15. Requisitions from Capital Projects Fund for.
a. HP 12 Port Hub for Justice of the Peace, Precinct 6
b. Two cameras for Sheriffs Office
16. Approval of the November, 1998 Treasurer's Report.
17. Report from the County Auditor regarding the release of Official Bonds for Justices of
the Peace whose terms are expiring.
18. Announcement of interest items and possible future agenda topics.
19. Call for citizen input and/or concerns.
20. Adjourn.
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The Courthouse is wheelchair accessible. Handicap parking spaces are available. Any request for
sign interpretive services must be made two business days before the meeting. To make
arrangements, call (409) 361-4102.
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COMMISSIONERS' COURT
REGULAR MEETING
JANUARY 5, 1999
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A regular meeting of the Commissioners' Court of Brazos
County, Texas was held in the Commissioners' Courtroom in the
Courthouse in Bryan, Brazos County, Texas, beginning at 9:00
a.m. on Tuesday, January 5, 1999, with the following members
of the Court present:
Alvin W. Jones, County Judge, Presiding;
Tony Jones, Commissioner of Precinct 1;
Wm. S. Thornton, Commissioner of Precinct 2;
Randy Sims, Commissioner of Precinct 3;
Carey Cauley, Jr., Commissioner of Precinct 4;
Mary Ann Ward, County Clerk.
Attached is a list of the citizens and officials in
attendance.
Commissioner Cauley gave the invocation and led the
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pledge of allegiance.
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There was no citizen input and/or concerns.
The Court next considered Budget Amendment #98/99-7.1 '
through 7.3, which would transfer funds from DA Crime Fund to
Capital Improvements Fund, from Contingency to Court Support
Costs; and reallocate funds for the Sheriff's Office. On
motion by Commissioner Sims, seconded by Commissioner Cauley,
the Court voted unanimously to approve the budget amendment as
submitted, a copy of which is attached hereto.
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Commissioners Court meeting January 5, 1999
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The Court proceeded to consider the change of status of
the following employees.
NAME
Carroll, Deborah
Ruffino, Carolyn L
Smith, Steven L
Sylvester, M
Wilkey, Karen
Goff, Christina
Smith, Steven L
Michel, C. Randal
Webb, Becky
Tigerina, Sara
Newhouse, Valinda
Ryan, Sarah
Davis, Richard WB
Horn, Mary C
Gorney, Linda A
Cain, Ervin L
Dotson, Linda Kay
Hensarling, C
Meece, C. Patrick
Quintero, Ramiro
Soares, Ida O'Cana
Funicelli, C
Mitchell, Della L
Wilder, Jason E
Suel, Christopher
Whatley, Darlene A
Blondeau, Charles
McDermott, C
Schrader, Lisa
Toliver, Alfred L
DEPARTMENT
361st Dist Court
361st Dist Court
361st Dist Court
361st Dist Court
361st Dist Court
361st Dist Court
Co Court at Law I
Co Court at Law I
Co Court at Law I
Co Court at Law I
Co Court at Law I
Co Court at Law II
Co Court at Law II
JP 2
JP 2
JP 2
JP 2
JP 4
JP 4
JP 5
JP 5
SO-Jail
SO-Jail
SO-Jail
SO-Jail
SO-Jail
Constable Pct 4
Constable Pct 4
Ag Extension
Road & Bridge
REASON
Position Ended
Term Ended
Newly Elected
Resignation
Tran frm CCL$I
Tran frm CCL$I
Term Ended
Newly Elected
Resignation
Tran frm 361st
New Employee
Term Ended
Newly Elected
Term Ended
Termination
Newly Elected
New Employee
Term Ended
Newly Elected
Newly Elected
New Employee
Resignation
New Employee
Resignation
Tran in Dept
Resignation
Retirement
New Employee
Resignation
Position Ended
Commissioner Cauley moved to approve the changes as submitted.
Commissioner Sims seconded the motion. The County Judge then
asked them to amend their motion and second to exclude
Christopher McDermott from consideration and to act on him
separately. Commissioners Cauley and Sims amended their
motion and second to approve all but McDermott. The motion
carried unanimously. The County Judge then moved to reject
the change of status for Christopher McDermott based on a
discussion at budget, time to delete the position after the
current employee retired. The motion died for lack of a
second. Commissioner Sims then moved to approve the change of
status of Christopher McDermott. The motion was seconded by
Commissioner Jones. Commissioners Jones, Thornton, Sims and
Cauley voted "Aye". The County Judge voted "No". The motion
carried.
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Commissioners Court meeting January 5, 1999
The Court next considered the following Claims as
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submitted by the County Treasurer for payment:
• 99-002603 through 99-002870
On motion by Commissioner Cauley, seconded by Commissioner
Jones, the Court voted unanimously to approve the Claims as
submitted.
The next matter before the Court was an Addendum to
Administrative Services Agreement with Employee Benefit
Services. The only change is the Excess Loss Underwriter has
been revised to reflect Southland Life (MGU-ING Medical Risk
Solutions). On motion by Commissioner Cauley, seconded by
Commissioner Sims, the Court voted unanimously to approve the
Addendum to the Administrative Services Agreement with
Employee Benefit Services.
The next matter for consideration by the Court was a
request submitted by the County Extension Agent seeking
• approval for out of state travel for himself. Mr. Hunter
would be traveling to Little Rock, Arkansas to attend the
Southern Region Officers Workshop February 17 through the 20,
1999. Mr. Hunter will be representing the Texas County
Agricultural Agents Association of which he is the president.
On motion by Commissioner Jones, seconded by Commissioner
Cauley, the Court voted unanimously to grant the request from
the County Extension Agent and approved payment of out of
state travel expense for Mr. C. Jack Hunter.
The County next considered the appointment of a County
Court at Law Judge to serve on the Brazos County Bail Bond
Board. On motion by Commissioner Jones, seconded by
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Commissioner Cauley, the Court voted unanimously to appoint
Judge Randy Michel to the Bail Bond Board.
The next matter for consideration was the posting of
speed limits on Hardy Weedon Road located in Precinct 3. In
a Public Hearing held December 22, 1998 at 10:30 a.m. it was
recommended to take the findings of the speed study and set
the speed limit at 45 mph along the entire length of the road.
Commissioners Court meeting January 5, 1999 4
On motion by Commissioner Sims, seconded by Commissioner
Cauley, the Court voted unanimously to set the speed limit
along the entire length of Hardy Weedon Road at 45 mph.
The next matter for consideration was an application made
by John Daniel German for military service credit with the
Texas County & District Retirement System. On motion by
Commissioner Sims, seconded by Commissioner Cauley, the Court
voted unanimously to forward the application of John Daniel
German to the Texas County and District Retirement System
along with his check for Three Hundred Forty Five Dollars
($345.00) which represents his contribution for the months of
military service for which he seeks credit.
The Court next considered Bank Depository Contracts with
the following banks:
Compass Bank
First Federal Savings Bank
First National Bank
These Contracts are for the District Clerk's office. On
motion by Commissioner Sims, seconded by Commissioner
Jones, the Court voted unanimously to approve the Bank
Depository Contracts. A copy of each is attached hereto.
The Court next considered approval of requisitions from
the Capital Projects Fund for the following purchases:
a) Scanner for Road & Bridge Department
$226.00
b) Computer and monitor for stock $3,342.00
On motion by Commissioner Cauley, seconded by Commissioner
Sims, the Court voted unanimously to approve the requisitions
to be paid from Capital Projects Fund.
The Court next considered awarding the following bid and
the requisition for payment:
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Commissioners Court meeting January 5, 1999 5
No. 99-029, ADA Compliant Elevator for the Annex
John Hachmann, Purchasing Agent,
recommended acceptance of the bid
submitted by Elevator Parts of Texas. On
motion by Commissioner Sims, seconded by
Commissioner Cauley, the Court voted
unanimously to accept the recommendation
of the Purchasing Agent and award the
contract to Elevator Parts of Texas and
approve payment of the requisition The
elevator will be added to the outside of
the building and the enclosure will be
done inhouse. A copy of the bid
tabulation is attached.
The Court next considered approval of requisitions from
the Capital Projects Fund for the following purchases:
a) HP 12 port Hub for Justice of the Peace
Pct. 6 $375.00
b) Two (2) cameras for the Sheriff's office
$884.00
On motion by Commissioner Cauley, seconded by Commissioner
Sims, the Court voted unanimously to approve the requisitions
to be paid from Capital Projects Fund.
The Court received, approved and ordered filed as
submitted the Treasurer's report for November 1998. A copy of
which is attached to and made a part of these minutes.
The Court next heard a report from the County Auditor
concerning the release of Official Bonds for Justices of the
Peace whose terms are expiring. He recommended retaining the
Bonds of Justice of the Peace, Precinct 1 and Precinct 7 Place
2 and releasing the bonds of Justices of the Peace Precinct 2,
4, and 5. This will be placed on the Commissioners Court
agenda for the January 12, 1999 meeting.
The
County Judge made the following comments:
1)
January 19, 1999 is the inauguration of
the Governor so there will be no
Commissioners Court meeting that week.
2)
He met with Fred Forsthoff and Ed McKenzy
concerning the Y2K problems. A check
list is being prepared for elected
officials to act on. A workshop will be
held to review the list.
3)
He received a memo from the Auditor
concerning coding worktime for employees.
Department heads need to check into this
matter.
Commissioners Court meeting January 5, 1999 6
4) He received a request from Greg Petry,
Director 9-1-1, requesting that the Court
appoint a member to the Board of
Directors. The matter will be on the
agenda of the next Commissioners Court
meeting.
5) He received a memo from Air Born Express
requesting approval to install drop box
for Courthouse use.
6) There will be a workshop conducted on
January 12, 1999 on jail expansion. The
workshop for tobacco settlement
distribution will be held at 5:00 p.m. on
that same date.
7) He met with the Auditor concerning hiring
new employees and allowing them to go to
work prior to the Commissioners Court
meeting.
8) The Legislature is to begin its session
in Austin.
There was no citizen input and/or concerns.
There being no further business to come before the Court,
the meeting was adjourned.
VOL I S t"I r. -.LUI-ah
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The foregoing minutes of the Commissioners Court meeting
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held January 5, 1999 have been examined and are approved in
open Court this the 2A=,C day of 19,
in Bryan, Brazos County, Texas.
al-a~
Alvin W. Jones
County Judge
Wm. T. Thorn on
Commissioner,
Precinct No. 2
grey Ca ey, Jr.
Commissi ner,
Precinc No. 4
T J
Commi sioner,
Precinct No. 1
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Randy ms
Commi sioner,
Precinct No. 3
ary Afift Ward
County Clerk
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BRAZOS COUNTY COMMISSIONERS/ MEETING ON jt4 N .6', l 9 q 9 AT a A.H./J;t.
ODT11T MALL ^VPAWTVATTAV I PA►/DAVTV I I%TTT70V
BRAZOS COUNTY, TEXAS
BUDGET AMENDMENT(S) FOR THE 1998-1999 BUDGET YEAR
NO. 98/99 07.1 through 07.3
On this the 5th day of January 1999 at a regular meeting of the
Commissioners' Court, the following members were present:
Alvin W. Jones, County Judge, Presiding
Tony Jones, Commissioner, Precinct 1;
Wm. S. Thornton, Commissioner, Precinct 2;
Randy Sims, Commissioner, Precinct 3;
Carey Cauley, Commissioner, Precinct 4;
Mary Ann Ward, County Clerk.
The following proceedings were held:
THAT WHEREAS, on January 5, 1999 the Court heard and approved
a budget amendment for the 1998-1999 budget year for Brazos County,
Texas.
WHEREAS, an expenditure is necessary due to the necessity to
meet unusual and unforeseen conditions which could not be
reasonably included in the original budget adopted September 1,
1998 the following amendment(s) to the original are hereby
authorized, as described on the attached page(s).
ADOPTED AND APPROVED this the 5th day of January 1999.
THE COMMISSIONERS' COURT OF BRAZOS COUNTY, TEXAS.
By: Alvin W. Jones, County Judge
Original: County Clerk's Office and attached to the original
budget
Copies: County Auditor
County Treasurer
Commissioners' Court Minutes
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BRAZOS COUNTY, TEXAS
BUDGET AMENDMENTS
No. 98/99-7.1
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FD DIV ACCT PROD DR/CR ACCOUNT NAME Increase Decrease
45 630005 808900 190099 Dr. Vehicles 3,690.00
45 490230 Cr. Transfer fm DA Crime F 3,690.00
Capital Improvements Fund
To increase the Vehicle budget for the amount over the purchase rice of the vehicle ordered
by the DA which has been reimbursed by the DA Crime Fund.
VOL. PAGE IS/
BRAZOS COUNTY, TEXAS
BUDGET AMENDMENTS
No. 98/99-7.2
i/a/
FD DIV ACCT PROJ DR/CR ACCOUNT NAME Increase Decrease
01 110100 616200 Court Support Costs -
Dr. Subscriptions $ 16.000.00
01 110015 611300 Cr. Contingency $ 16.000.00
To provide budgetary funding for the West Group contract approved b Commissioners'
Court 12/22/98. Monetary needs supported by the attached financial analysis.
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BRAZOS COUNTY, TEXAS
BUDGET AMENDMENTS
No. 98/99-7.3
1/5/98
FD DIV ACCT PROJ DR/CR ACCOUNT NAME Increase Decrease
01 280001 802810 Dr. E ui ment-Electronic $ 900.00 •
01 280001 614500 Cr. Miscellaneous-Expense $ 900.00
To amend the existing budget by allocating existing budget funds from the Miscellaneous Ex nsi
Account to Electronic E ui ment. Funds to be used to replace ui meat stolen.
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THIS DEPOSITORY CONTRACT is made and entered into on the date last herein
written by and between the DISTRICT CLERK OF BRAZOS COUNTY, TEXAS,
herein after called "DEPOSITOR," and COMPASS BANK, an Alabama state bank,
authorized by law to do banking business in Bryan, Texas, and now conducting such
business in said Bryan, Texas, hereinafter called "BANK." ,
DEPOSITOR through action of its' Commissioners Court, hereby designates BANK as
a depository for the period beginning December 1, 1998 for a term of six months (herein
the Initial Term) with an option to renew for another two years, not to extend beyond
May 31, 2001, on the same terms and conditions as set forth herein for the Initial Term.
This contract is to cover all accounts and funds held in the Registry of the District Clerk
of Brazos County for the Courts of Brazos County by the DEPOSITOR and placed on
deposit with BANK.
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During the term of this depository contract, the DEPOSITOR will, through appropriate
action of its Commissioners Court, designate the officer, or officers, who singly or jointly
will be authorized to represent and act on behalf of the DEPOSITOR in any and all
matters of every kind arising under this Depository Contract and to (1) execute and
deliver to the BANK funds or fund transfer agreements (and any addenda thereto), (2)
appoint and designate, from time to time, a person or persons who may request
withdrawals, orders for payment or transfers on behalf of the DEPOSITOR in
accordance with the electronic funds or fund transfer agreement and addenda and (3)
make withdrawals or transfers by written instrument.
III
BANK's application for Depository Contract is incorporated and made part of this
contract for all purposes; however, to the extent that any provision therein conflicts with
any provision herein, this Depository Contract will control.
IV
DEPOSITOR may arrange for time deposits and BANK may accept and hold such
deposits subject to payment in accordance with the terms of the deposit. In the event
funds for a time deposit are withdrawn from a transaction or savings account, at maturity,
BANK will deposit the principal amount of the time deposit and any accrued interest in
the DEPOSITORY account froth which funds were withdrawn to establish the time
deposit. Interest shall be calculated at the prevailing rates established from time to time
by BANK for similar deposits. Time deposit maturities will not extend beyond the
termination of this Agreement without the express consent of the BANK.
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All funds on deposit with BANK to the credit of DEPOSITOR shall be secured by
collateral as provided for in the Public Fund Collateral Act. Texas Government Code,
Chapter 2257. The total of the market value of the collateral (plus accrued interest or
income to the extent it is not included in such market value obtained as provided herein)
securing such deposits will be in an amount at least equal to the amount of such deposits
increased by the amount of any accrued interest and reduced to the extent that such
deposits are insured by an agency or instrumentality of the United States government.
The market value with respect to any securities (collateral) as of any date and priced on
such date will be obtained from a primary dealer. BANK must receive notification of
new deposits prior to 10:30 A.M. on the day deposits are actually received. Twenty-four
(24) hours notice is necessary on deposits totaling in excess of $1,000,000 during any
banking business day. In no event shall the amount of DEPOSITOR funds on deposit
with BANK pursuant to this depository contract exceed one million dollars without prior
written consent of BANK.
However, failure to give such notice does not excuse the BANK from properly securing
these deposits in accordance with this agreement and the Public Fund Collateral Act
within one (10) business day of the deposit.
The Commissioners Court and/or its designated representative has the authority to reject
any collateral offered by BANK which is not deemed to be allowed under the Public
Fund Collateral Act or which is deemed to be of high security risk.
is
VI
BANK has heretofore or will immediately hereafter deliver to the Federal Reserve Bank
of Dallas, Texas (hereinafter "CUSTODIAN"), collateral of the kind and character above
mentioned of sufficient amount and market value to provide adequate collateral for the
funds of DEPOSITOR deposited with BANK. Said collateral or substitute collateral, as
herein provided for, will be kept and retained by CUSTODIAN in trust so long as the
depository relationship between DEPOSITOR and BANK shall exist hereunder, and
thereafter so long as the deposits made by DEPOSITOR with BANK hereunder, or any
portion thereof, shall have not been properly paid out by BANK to DEPOSITOR or on
its order. The agreement of the parties to place the collateral with the CUSTODIAN is
attached hereto as Exhibit "D" and made a part hereof for all purposes.
VII
Should BANK fail at any time to pay and satisfy, when due, any check, draft, or voucher
lawfully drawn against any deposit and the interest on such deposits, or in case BANK
becomes insolvent or in any manner breaches its contract with DEPOSITOR,
DEPOSITOR shall give written notice of such failure, insolvency or breach to BANK,
and BANK shall have three (3) business days to cure such failure, insolvency or breach.
In the event that BANK shall fail to cure such failure, insolvency or breach within three
(3) business days, the parties hereto authorize the CUSTODIAN to surrender to the
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Commissioners Court in and for the DEPOSITOR the collateral being held by the
CUSTODIAN upon receipt of a certificate whereby the DEPOSITOR, through its
authorized representative, certifies that BANK has failed to perform its obligations under
this contract, has otherwise breached this contract or has become insolvent. The BANK
agrees and hereby instructs the CUSTODIAN that a copy of this agreement attached to
the certificate(s) shall serve as the BANK's consent and approval for the CUSTODIAN
to sell and/or convert the collateral to the use of the DEPOSITOR. The BANK agrees
and is bound to provide any other approvals or consents the CUSTODIAN may require
in order to release the collateral for DEPOSITOR's use. The parties further agree that the
DEPOSITOR may seek an order or declaration or order of a court of lawful jurisdiction
in the event that the BANK does not comply with this provision or in the event the
CUSTODIAN refuses to surrender the collateral to the Commissioners Court, with all
costs and attorney's fees incurred by DEPOSITOR to be reimbursed thereof, pay
DEPOSITOR all damages and losses sustained by it, together with all expenses of any
and every kind incurred by it on account of such failure or insolvency, or sale, accounting
to BANK for the remainder, if any, of said proceeds or collateral remaining unsold.
VIII
Any sale of such collateral, or any part thereof, made by DEPOSITOR or the
CUSTODIAN, as appropriate, hereunder may be either at public or private sale;
provided, it shall give both the DEPOSITOR, if the sale is made by the CUSTODIAN,
and BANK ten (10) days notice of the time and place where such sale shall take place,
and such sale shall be to the highest bidder therefore for cash. BANK shall not have the
right to bid at such sale.
IX
If BANK shall desire to sell or otherwise dispose of any one or more of said securities
pledged as collateral and deposited with the CUSTODIAN, it may substitute for any one
or more of such securities other securities of the same or greater market value and of the
character authorized herein and by the Public Funds Collateral Act. Such right of
substitution shall remain in full force and may be exercised by BANK as often as it may
desire; provided, however, that the aggregate market value of all collateral pledged
hereunder, shall be at least equal to the amount of collateral required hereunder and by
the Public Funds Collateral Act and other applicable law.
If at any time the aggregate market value of such collateral so deposited with
CUSTODIAN be less than the total sum of the DEPOSITOR's funds on deposit with
said BANK, BANK shall immediately deposit with CUSTODIAN such additional
collateral as may be necessary to cause the market value of such collateral to equal the
total amount of required collateral. BANK shall be entitled to income on securities held
by CUSTODIAN, unless there is insuf{icient collateral on deposit with the
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CUSTODIAN to cover the public funds as required by law at the time the request is
made. Approval of the DEPOSITOR will be required in all circumstances and if the
collateral deficiency is not cured and the DEPOSITOR's consent is not given (in
writing), the income becomes collateral for public funds to the extent of the collateral
deficiency.
The consent of the DEPOSITOR must be obtained for a security to be released as
collateral. Before a security is released from collateral that is to be replaced, the BANK
must present to the DEPOSITOR the replacement collateral that is being offered, and the
DEPOSITOR must accept such replacement.
X
if at any time the collateral in the hands of the CUSTODIAN shall have a market value
in excess of the sum of balances due DEPOSITOR by BANK, the DEPOSITOR may
authorize the withdrawal of a specified amount of collateral by the BANK based on a
written request from the BANK to the Commissioners Court. BANK shall have the right
at any time and from time to time to substitute new collateral for collateral being held by
TRUSTEE, provided that BANK provides evidence reasonably satisfactory to the
TRUSTEE that sufficient collateral will remain after such substitution to satisfy the
requirements of this depository contract and the Public Funds Collateral Act.
XI
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Either DEPOSITOR or BANK shall have the right to terminate this agreement prior to
the expiration date by providing advanced written notice to the other party of its election
to do so, and this agreement shall be void from and after the expiration of ninety (90)
days after the receipt of such notice, provided all provisions of this agreement have been
fulfilled.
XII
Ninety (90) days prior to the expiration date of the Initial Tenn, either party wishing to
exercise its option to renew the contract for an additional two (2) year term (the Option
Period), mush deliver written notice exercising such option to the non-exercising party as
referred in Article XVI herein.
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XM
When the relationship of DEPOSITOR and BANK shall have ceased to exist between
DEPOSITOR and BANK, and when BANK shall have properly paid out all deposits of
DEPOSITOR. it shall be the duty of the District Clerk to issue a certificate to that effect
to the BANK, the County Treasurer, and the Commissioners Court, and, if all obligations
under this agreement and applicable law have been fulfilled, Commissioners Court will
issue written authorization to the CUSTODIAN to deliver all collateral being held in the
possession of the CUSTODIAN to the BANK.
XIV
This contract is subject to. and incorporates, the current laws governing the relationships
between counties, depositories and custodians/trustees and related entities as established
by the Texas Government Code and any amendments or revisions thereto. BANK
warrants and represents that it shall comply with all applicable laws, rules and regulations
which govern or apply to BANK in connection with this contract. BANK further
warrants that in the event that it is aware of any violation by BANK of applicable laws,
rules and regulations, it will bring the event to the attention of the CUSTODIAN and the
DEPOSITOR immediately and in writing within three (3) business days.
XV
The BANK will provide the District Clerk the gross interest rate factor on a daily basis if
the Trust Cash Management Account is used. All instructions for withdrawals will be in
writing from the District Clerk or his agent, as set out in paragraph II, and verified
verbally by the BANK This agreement is entered into and is performable in BRYAN,
BRAZOS COUNTY, TEXAS, and the venue of any legal actions or proceedings arising
out of or related to this contract, or out of any disputes between the parties concerning
this subject matter of this contract or arising out of the violation or application of any law
goveming the subject matter of this agreement (including but not limited to the Public
Funds Collateral Act, Texas Government Code, Chapter 2257) is placed by agreement of
the parties in BRYAN, BRAZOS COUNTY, TEXAS.
VO i s s arm, SM
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•
XVI
All notices, demands, or other writings may be delivered by any party hereto to the other,
by United States Mail or other reliable courier at the following addresses:
DEPOSITOR: District Clerk
Brazos County, Texas
300 East 2611 Street, Suite 216
Bryan, Texas 77803
WITH COPIES TO: County Judge
Brazos County, Texas
300 East 2611 Street, Suite 114
Bryan, Texas 77803
BANK: City President
Compass Bank
2405 Texas Ave. South
College Station, Texas 77840
The address to which any notice, demand, or other writing may be delivered to any party
as above provided may be changed by written notice given by such party to the other two
parties as above provided.
XVII
•
BANK represents that the collateral pledged to DEPOSITOR is not otherwise assigned,
pledged or encumbered and that no lien, or security interests exist other than the security
interest held by the DEPOSITOR pursuant to this agreement. Possession of the
collateral by the CUSTODIAN is intended as perfection of DEPOSITOR's security
interest therein. BANK warrants that the collateral (in the form and amount required by
law) is held by CUSTODIAN for the benefit of DEPOSITOR and as security for
DEPOSITOR's funds.
The Commissioners Court shall deliver to BANK within five (5) working days from the
date of execution of this agreement, a list of those individuals authorized to act on behalf
of the District Clerk in regard to the matters stated herein.
V0L 5- 6 FAQ
181- t
f
The BANK shall deliver to the Commissioners Court on the date of execution hereof a
Certified Corporate Resolution of its' Board of Directors approving this contract and the
execution thereof. The BANK shall deliver to Commissioners Court on the date of
execution hereof, an executed Collateral Agreement as set forth on Exhibit "A". The
BANK shall deliver to Commissioners Court on the date of execution hereof a Certified
Corporate Resolution of its' Board of Directors indicating the authority of an
individual(s) to pledge collateral on behalf of the BANK
M
EXECUTED this l y, day of December, 1998 by the undersigned duly authorized
officers of the parties hereto.
COMPAS BANK
By:
Name:
Title: ri" Pc~s,c,ewr
Date: Lt _ l 9 q$_
BRAZOS COUNTY, TEXAS
By: 64--
Al Jones, s County Judge
Date:
E
11ANK DEPOSITORY CONTRACT
lJ
THIS DEPOSITORY CONTRACT is made and entered into on the date last herein written by
and between the DISTRICT CLERK OF BRAZOS COUNTY, TEXAS herein after called
"DEPOSITOR," and FIRST FEDERAL SAYINGS BANK a ~6~ C 4 2Lx utrtN
organized under the laws of the United States and authorized by law to do banking business in
Bryan, Texas, and now conducting such business in said Bryan, Texas, hereinafter called
`.BANK."
DEPOSITOR through action of its' Commissioners Court, hereby designates BANK as a
depository for the period beginning JAN 199 9for a term of two years (herein the Initial Term)
with an option to renew for another two years, not to extend beyond May 31, 2001, on the same
terms and conditions as set forth herein for the Initial Tetra. This contract is to cover all
accounts and funds held in the Registry of the District Clerk of Brazos County for the Courts of
Brazos County by the DEPOSITOR and placed on deposit with BANK.
II
During the term of this depository contract, the DEPOSITOR will, through appropriate action of
its Commissioners Court, designate the officer, or officers, who singly or jointly will be
authorized to represent and act on behalf of the DEPOSITOR in any and all matters of every
kind arising under this Depository Contract and to (1) execute and deliver to the BANK funds or
fund transfer agreements (and any addenda thereto), (2) appoint and designate, from time to time,
a person or persons who may request withdrawals, orders for payment or transfers on behalf of
tkp DEPOSITOR in accordance with the electronic funds or fund transfer agreement and
Itiddenda and (3) make withdrawals or transfers by written instrument.
III
BANK's application for Depository Contract is incorporated and made part of this contract for
all purposes; however, to the extent that any provision therein conflicts with any provision
herein, this Depository Contract will control.
IV
DEPOSITOR may arrange for time deposits, and BANK may accept and hold such deposits
subject to payment in accordance with the terms of the deposit. In the event funds for a time
- deposit are withdrawn from a transaction or savings account, at maturity, BANK will deposit the
principal amount of the time deposit and any accrued interest in the DEPOSITOR' account
from which funds were withdrawn to establish the time deposit. Interest shall be calculated at
the prevailing rates established from time to time by BANK for similar deposits. Time deposit
maturities will not extend beyond the termination of this Agreement without the expressed
consent of the BANK.
VOL 1-5--.:.,PArAk 12 /lawn&
C7
% f.
All funds on deposit with BANK to the credit of DEPOSITOR shall be secured by collateral as
provided for in the Public Fund Collateral Act. Texas Government Code, Chapter 2257. The
total of the market value of the collateral (plus accrued interest or income to the extent it is not
included in such market value obtained as provided herein) securing such deposits will be in an
amount at least equal to the amount of such deposits increased by the amount of any accrued
interest and reduced to the extent that such deposits are insured by an agency or instrumentality
of the United States government. The market value with respect to any securities (collateral) as
of any date and priced on such date will be obtained from a primary dealer. BANK must receive
notification of new deposits prior to 10:30 A.M. on the day deposits are actually received.
Twenty-four (24) hours notice is necessary on deposits totaling in excess of $1,000,000 during
any banking business day. In no event shall the amount of DEPOSITOR funds on deposit with
BANK pursuant to this depository contract exceed one million dollars without prior written
consent of BANK.
However, failure to give such notice does not excuse the BANK from properly securing these
deposits in accordance with this agreement and the Public Fund Collateral Act within one (1)
business day of the deposit.
The Commissioners Court and/or its designated representative has the authority to reject any
collateral offered by BANK which is not deemed to be allowed under the Public Fund Collateral
Act or which is deemed to be of high security risk. •
VI
BANK I= heretofore or will immediately hereafter deliver to the Federal Reserve Bank of
Dallas, Texas (hereinafter "CUSTODIAN'), collateral of the kind and character above
mentioned of sufficient amount and market value to provide adequate collateral for the funds of •
DEPOSITOR deposited with BANK Said collateral or substitute collateral, as herein provided
for, will be kept and retained by CUSTODIAN in trust so long as the depository relationship
between DEPOSITOR and BANK shall exist hereunder, and thereafter so long as deposits made
by DEPOSITOR with BANK hereunder, or any portion thereof. shall have not been properly
paid out by BANK to DEPOSITOR or -on its order. The agreement. of the .parties to place the.
collateral with the CUSTODIAN is attached hereto as Exhibit "D" and made a part hereof for all
purposes.
VII
Should BANK fail at any time to pay and satisfy, when due, any check, draft, or voucher
lawfully drawn against any deposit and the interest on such deposits, or in case BANK becomes
insolvent or in any manner breaches its contract with DEPOSITOR, DEPOSITOR shall give
written notice of such failure, insolvency or breach to BANK, and BANK shall have three (3)
business days to cure such failure, insolvency or breach. In the event that BANK shall fail to
cure such failure, insolvency or breach within three (3) business days, the parties hereto authorize
the CUSTODIAN to surrender to the Commissioners Court in and for the DEPOSITOR the
collateral being held by the CUSTODIAN upon receipt of a certificate whereby the
DEPOSITOR, through its authorized representative, certifies that BANK has failed to perform
{ 1
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1
t t
VII (continued)
•
its obligations under this contract, has otherwise breached this contract or has become insolvent.
The BANK agrees and hereby instructs the CUSTODIAN that a copy of this agreement attached
to the certificate(s) shall serve as the BANK's consent and approval for the CUSTODIAN to sell
and/or convert the collateral to the use of the DEPOSITOR. The BANK agrees and is bound to
provide any other approvals or consents the CUSTODIAN may require in order to release the
collateral for DEPOSITOR's use. The parties further agree that the DEPOSITOR may seek an
order or declaration or order of a court of lawful jurisdiction in the event that the BANK does not
comply with this provision or in the event the CUSTODIAN refuses to surrender the collateral
to the Commissioners Court, with all costs and attorney's fees incurred by DEPOSITOR to be
reimbursed thereof, pay DEPOSITOR all damages and losses sustained by it, together with all
expenses of any and every kind incurred by it on account of such failure or insolvency, or sale,
accounting to BANK for the remainder, if any, of said proceeds or collateral remaining unsold.
Vlll
Any sale of such collateral, or any part thereof, made by DEPOSITOR or the CUSTODIAN, as
• appropriate, hereunder may be either at public or private sale; provided, it shall give both the
DEPOSITOR, if tire sale is made by the CUSTODIAN, and BANK ten (10) days notice of the
time and place where such sale shall take place, and such sale shall be to the highest bidder
therefor for cash. BANK shall not have the right to bid at such sale.
IX
If BANK shall desire to sell or otherwise dispose of any one or more of said securities pledged as
collateral and deposited with the CUSTODIAN, it may substitute for any one or more of such
securities other securities of the same or greater market value and of the character authorized
• htrein and by the Public Funds Collateral Act. Such right of substitution shall remain in full
force and may be exercised by BANK as often as it may desire; provided, however, that the
aggregate market value of all collateral pledged hereunder, shall be at least equal to the amount
of collateral required hereunder and by the Public Funds Collateral Act and other applicable law.
If at any time the aggregate market value of such collateral so deposited with CUSTODIAN be
less than the total sum of the DEPOSITOR's funds on deposit with said BANK, BANK shall
immediately deposit with CUSTODIAN such additional collateral as may be necessary to cause
the market value of such collateral to equal the total amount of required collateral. BANK shall
be entitled to income on securities held by CUSTODIAN, unless there is insufficient collateral
on deposit with the CUSTODIAN to cover the public funds as required by law at the time the
request is made. Approval of the DEPOSITOR will be required in all circumstances and if the
collateral deficiency is not cured and the DEPOSITOR's consent is not given (in writing), the
income becomes collateral for public funds to the extent of the collateral deficiency.
The consent of the DEPOSITOR must be obtained for a security to be released as collateral.
Before a security is released from collateral that is to be replaced, the BANK must present to the
DEPOSITOR the replacement collateral that is being offered, and the DEPOSITOR trust
accept such replacement.
3
VOL- 6- .LL
~L~AGL -3
0
X
If at any time the collateral in the hands of the CUSTODIAN shall have a market value in excess
of the sum of balances due DEPOSITOR by BANK, the DEPOSITOR may authorize the
withdrawal of a specified amount of collateral by the BANK based on a written request from the
BANK to the Commissioners Court. BANK shall have the right at any time and from time to
time to substitute new collateral for collateral being held by TRUSTEE, provided that BANK
provides evidence reasonably satisfactory to the TRUSTEE that sufficient collateral will remain
after such substitution to satisfy the requirements of this depository contrac: and the Public
Funds Collateral Act.
XI
Either DEPOSITOR or BANK shall have the right to terminate this agreement prior to the
expiration date by providing advanced written notice to the other party of its election to do so,
and this agreement shall be void from and after the expiration of ninety (90) days after the receipt
of such notice, provided all provisions of this agreement have been fulfilled.
XII
Ninety (90) days prior to the expiration date of the Initial Term, either party wishing to exercise
its option to renew the contract for an additional two (2) year term (the Option Period), must
deliver written notice exercising such option to the non-exercising party as referred in Article
XVI herein.
XIII
%Khen the relationship of DEPOSITOR and BANK shall have ceased to exist between
DEPOSITOR and BANK, and when BANK shall have properly paid out all deposits of
DEPOSITOR, it shall be the duty of the District Clerk to issue a certificate to that effect to the
BANK, the County Treasurer, and the Commissioners Court, and, if all obligations under this
agreement and applicable law have been fulfilled, Commissioners Court will issue written
authorization to the CUSTODIAN to deliver all collateral being held in the possession of the
CUSTODIAN to the BANK.
XIV
This contract is subject io; and incorporates, the current laws governing the relationships between
counties, depositories and custodians/trustees and related entities as established by the Texas
Local Government Code and the Texas Government Code and any amendments or revisions
thereto. BANK warrants and represents that it shall comply with all applicable laws, rules and
regulations which govem or apply to BANK in connection with this contract. BANK further
warrants that in the event that it is aware of any violation by BANK of applicable laws, rules and
regulations, it will bring the event to the attention of the CUSTODIAN and the DEPOSITOR
immediately and in writing within three'(3) business days.
VO / -P W% , ,
i
I,
, i
XV
•
XVI
All notices, demands, or other writings may be delivered by any party hereto to the other, by
United States Mail or other reliable courier at the following addresses:
DEPOSITOR: District Clerk
Brazos County, Texas
300 East 26th Street, Suite 216
Bryan, Texas 77803
The BANK will provide the District Clerk the gross interest rate factor on a daily basis if the
Trust Cash Mana$cmcnt Account is used. All instructions for withdrawals will be in writing
from the District Clerk or his agent, as set out in paragraph 11, and verified verbally by the
BANK. This agreement is entered into and is performable in BRYAN, BRAZOS COUNTY,
TEXAS, and the venue of any legal actions or proceedings arising out of or related to this
contract, or out of any disputes between the parties concerning the subject matter of this contract
or arising out of the violation or application of --ny law governing the subject matter of this
agreement (including but not limited to the Public Funds Collateral Act, Texas Government
Code, Chapter 2257) is placed by agreement of the parties in BRYAN, BRAZOS COUNTY,
TEXAS.
WITH COPIES TO:
it BANK:
County Judge
Brazos County, Texas
300 East 26th Street, Suite 114
Bryan, Texas 77803
FIRST FEDERAL SAVINGS BANK
P 0 BOX 3758
BRYAN, TX 77805
The address to which any notice, demand, or other writing may be delivered to any party as
above provided may be changed by written notice given by such party to the other two parties as
above provided.
XVII
BANK represents that the collateral pledged to DEPOSITOR is not other wise assigned,
pledged or encumbered and that no lien, or security interests exist other than the security interest
held by the DEPOSITOR pursuant to this agreement. Possession of the collateral by the
CUSTODIAN is intended as perfection of DEPOSITOR's security interest therein. BANK
warrants that the collateral (in the form and amount required by law) is held by CUSTODIAN
for the benefit of DEPOSITOR and as security for DEPOSITOR's funds.
r~
u
XVII (continued)
The Commissioners Court shall deliver to BANK within five (S) working days from the date of
execution of this agreement, a list of those individuals authorized to act on behalf of the District
Clerk in regard. to the matters stated herein.
The BANK shall deliver to the Commissioners Court on the date of execution hereof a Certified
Corporate Resolution of its' Board of Directors approving this contract and the execution thereof.
The BANK shall deliver to Commissioners Court on the date of execution hereof, an executed
Collateral Agreement an set forth on Exhibit "D". The BANK shall deliver to Commissioners
Court on tite date of execution hereof a Certified Corporate Resolution of its' Board of Directors
indicating the authority of an individual(s) to pledge collateral on behalf of the BANK.
EXECUTED this 19TH day of NOV , 199 8 by the undersigned duly authorized
officers of the parties hereto.
FIRST FEDERAL SAVINGS BANK
BRAZOS COUNTY, TEXAS
h AI Jones, Brazos ounty Judge
Name: mARY L. HEGAR Date:
Title: SR. VF
Date: NOV 19 1998
VOL
3
to
BANK DEPOSITORY CONTRACT
0
THIS DEPOSITORY CONTRACT is made and entered into on the date last herein written by and
between BRAZOS COUNTY, TEXAS, herein after called "DEPOSITOR", and TIME FIRST
NATIONAL BANK OF BRYAN, a National banking association, organized under the laws of the
United States and authorized by law to do banking business in BRAZOS COUNTY, Texas, and
now conducting such business in said BRAZOS COUNTY, Texas, hereinafter called "BANK".
1.
DEPOSITOR through action of its Commissioners Court hereby designates BANK as a
depository for the period beginning DCcCU0,&r c. / 1914 and continuing through
N1 W4 1 j9 9 . This contract is to cover all accounts owned by the County and all funds
held in trust by the DEPOSITOR and placed on deposit with BANK
II.
During the term of this depository contract, the DEPOSITOR will, through appropriate action of
its Commissioners Court, designate the officer, or officers, who singly or jointly will be
authorized to represent and act on behalf of the DEPOSITOR in any and all matters of every kind
arising under this Depository Contract and to (1) execute and deliver to the BANK funds or fund
transfer agreements (and any addenda thereto), (2) appoint and designate, from time to time, a
person or persons who may request withdrawals, orders for payment or transfers on behalf of the
DEPOSITOR in accordance with the electronic funds or fund transfer agreement and addenda
and (3) make withdrawals or transfers by written instrument.
0
III.
DEPOSITOR may arrange for time deposits, and BANK may accept and hold such deposits
subject to payment in accordance with the terms of the deposit. In the event funds for a time
deposit are withdrawn from a transaction or savings account, at maturity, BANK will deposit the
principal amount of the time deposit and any accrued interest in the DEPOSITORYs account from
which funds were withdrawn to establish the time deposit. Time deposit maturities will not
extend beyond the termination of this Agreement without the expressed consent of the BANK.
IV.
All funds on deposit with BANK to the credit of DEPOSITOR shall be secured by collateral as
provided for in the Public Fund Collateral Act (V.A.TS. Art. 2529d). The total of the market
value of the collateral (plus accrued interest or income to the extent it is not included in such
market value obtained as provided herein) securing such deposits will be in an amount at least
equal to the amount of such deposits increased by the amount of any accrued interest and
reduced to the extent that such deposits are insured by an agency or instrumentality of the United
States government. The market value with respect to any securities (collateral) as of any date and
priced on such date will be obtained from a primary dealer. BANK must receive notification of
new deposits prior to 10:30 A.M. on the day deposits are actually received. Twenty-four (24)
0
}s,
^ v
hours notice is necessary on deposits totaling in excess of SLOWAW during any banking business
day.
However, failure to give such notice does not excuse the BANK from properly securing these
deposits in accordance with this agreement and the Public Fund Collateral Act within one (1)
business day of the deposit.
The Commissioners Court and/or its designated representative has the authority to reject any
collateral offered by BANK which is not deemed to be allowed under the Public Fund Collateral
Act or which is deemed to be of high security risk.
V.
BANK has heretofore or will immediately hereafter deliver to the County Treasurer (hereinafter
designated as "TRUSTEE") or the designated agent of the County Treasurer, collateral of the kind
and character above mentioned of sufficient amount and market value to provide adequate
collateral for the funds of DEPOSITOR deposited with BANK. Said collateral or substitute
collateral, as herein provided for, will be kept and retained by TRUSTEE in trust so long as the
depository relationship between DEPOSITOR and BANK shall exist hereunder, and thereafter so
long as deposits made by DEPOSITOR with BANK hereunder, or any portion thereof, shall have
not been properly paid out by BANK to DEPOSITOR or on its order.
V1.
Should BANK fail at any time to pay and satisfy, when due, any check, draft, or voucher lawfully
drawn against any deposit and the interest on such deposits, or in case BANK becomes insolvent
or in any manner breaches its contract with DEPOSITOR, DEPOSITOR shall give written notice of
such failure, insolvency or breach to BANK, and BANK shall have three (3) business days to cure
such failure, insolvency or breach. In the event that BANK shall fail to cure such failure,
insolvency or breach within three (3) business days, the parties hereto authorize the TRUSTEE to
surrender to the Commissioners Court in and for the DEPOSITOR the collateral being held by the
TRUSTEE upon receipt of a certificate whereby the DEPOSITOR, through its authorized
representative, certifies that BANK has failed to perform its obligations under this contract, has
otherwise breached this contract or has become insolvent. The BANK agrees and hereby instructs
the TRUSTEE that a copy of this agreement attached to the certificate(s) shall serve as the BANK's
consent and approval for the TRUSTEE to sell and/or convert the collateral to the use of the
DEPOSITOR. The BANK agrees and is bound to provide any other approvals or consents the
TRUSTEE may require in order to release the collateral for DEPOSITOR's use. The parties further
agree that the DEPOSITOR may seek an order or declaration or order of a court of lawful
jurisdiction in the event that the BANK does not comply with this provision or in the event the
TRUSTEE refuses to surrender the collateral to the Commissioners Court, with all costs and
attorney's fees incurred by DEPOSITOR to be reimbursed thereof, pay DEPOSITOR all damages
and losses sustained by it, together with all expenses of any and every kind incurred by it on
account of such failure or insolvency, or sale, accounting to BANK for the remainder, if any, of
said proceeds or collateral remaining unsold.
VII.
Any sale of such collateral, or any part thereof, made by DEPOSITOR hereunder may be either at
public or private sale; provided, it shall give both TRUSTEE and BANK ten (10) days notice of the
PAC, LOMEL. 91porI&A
r
7
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IL
0
time and place where such sale shall take place, and such sale shall be to the highest bidder
therefor for cash. DEPOSITOR and BANK shall have the right to bid at such sale.
VIII.
If Bank shall desire to sell or otherwise dispose of any one or more of said securities pledges as
collateral and deposited with the TRUSTEE, it may substitute for any one or more of such
securities other securities of the same or greater market value and of the character authorized
herein and by the Public Funds Collateral Act. Such right of substitution shall remain in full force
and may be exercised by BANK as often as it may desire; provided, however, that the aggregate
market value of all collateral pledged hereunder, shall be at least equal to the amount of collateral
required hereunder and by the Public Funds Collateral Act and other applicable law.
If at any time the aggregate market value of such collateral so deposited with TRUSTEE be less
than the total sum of the DEPOSITOR's funds on deposit with said BANK, BANK shall
immediately deposit with TRUSTEE such additional collateral as may be necessary to cause the
market value of such collateral to equal the total amount of required collateral. BANK shall be
entitled to income on securities held by TRUSTEE, unless there is insufficient collateral on deposit
with the TRUSTEE to cover the public funds as required by law at the time the request is made.
Approval of the DEPOSITOR will be required in all circumstances and if the collateral deficiency
is not seasonable cured and the DEPOSITOR's consent is not given (in writing), the income
becomes collateral for public funds to the extent of the collateral deficiency.
The TRUSTEE's consent as well as the consent of the DEPOSITOR must be obtained for a security
to be released as collateral. Before a security is released from collateral that is to be replaced, the
BANK must present to the TRUSTEE the replacement collateral that is being offered, and the
TRUSTEE must accept such replacement.
0
IX.
If at any time the collateral in the hands of the TRUSTEE shall have a market value in excess of
the sum of balances due DEPOSITOR by BANK, the DEPOSITOR may authorize the withdrawal
of a specified amount of collateral by the TRUSTEE based on a written request from the BANK to
the Commissioners Court.
X
Either DEPOSITOR or BANK shall have the right to terminate this agreement prior to the
expiration date by providing advanced written notice to the other party of its election to do so,
and this agreement shall be void from and after the expiration of ninety (90) days after the receipt
of such notice, provided all provisions of this agreement have been fulfilled.
XI.
When the relationship of DEPOSITOR and BANK shall have ceased to exist between DEPOSITOR
and BANK, and when BANK shall have properly paid out all deposits of DEPOSITOR< it shall be
the duty of the TRUSTEE to issue a certificate to that effect to the BANK and the Commissioners
Court, and if all obligations under this agreement and applicable law have been fulfilled,
Fr- -7
M {
Commissioners Court will issue written authorization to the TRUSTEE to deliver all collateral
being held in the possession of the TRUSTEE to the BANK.
0-4 LJ
This contract is subject to, and incorporates, the current laws governing the relationships between
counties, depositories and custodians/ trustees and related entities as established by the Texas
Local Government Code and the VernoWs Annotated Texas Civil Statutes and any amendments
or revisions thereto. BANK warrants and represents that it shall comply with all applicable laws,
rules and regulations which govern or apply to this contract BANK further warrants that in the
event that it is aware of any violation of applicable laws, rules and regulations, it will bring the
event to the attention of the TRUSTEE and the DEPOSITOR immediately and in writing within
three (3) business days.
XIIL
This agreement is entered into and is performable in BRYAN, BRAZOS COUNTY, TEXAS, and
the venue of any legal actions or proceedings arising out of or related to this contract, or out of
any disputes between the parties concerning the subject matter of this contract or arising out of
the violation or application of any law governing the subject matter of this agreement (including
but not limited to the Public Funds Collateral Act, ArL 2529d) is placed by agreement of the
parties in BRYAN, BRAZOS COUNTY, TEXAS.
XIV.
All notices, demands, or other writings may be delivered by any party hereto to the other, by
United States Mail or other reliable courier at the following addresses:
DEPOSITOR: Al Jones, County Judge
Brazos County, Texas
300 East 261' Street
Bryan, Texas 77803
CUSTODIAN OF FUNDS: Marc Hamlin
Brazos County, Texas
300 East 261h Street
Bryan, Texas 77803
TRUSTEE OF COLLATERAL Brazos County Treasurer
Brazos County, Texas
300 East 261h Street
Bryan, Texas 77803
BANK THE FIRST NATIONAL BANK OF BRYAN
P.O. BOX 833
BRYAN, TEX
010
1VO P&OL "
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The address to which any notice, demand, or other writing may be delivered to any party as
above provided may be changed by written notice given by such party to the other two parties as
above provided.
XV.
BANK represents that the collateral pledged to DEPOSITOR is not other wise assigned, pledged
or encumbered and that no lien, or security interests exist other than the security interest held by
the DEPOSITOR pursuant to this agreement. Possession of the collateral by the TRUSTEE is
intended as perfection of DEPOSITOR's security interest therein. BANK warrants that the
collateral (in the form and amount required by law) is held by TRUSTEE for the benefit of
DEPOSITOR and as security for DEPOSITOR's funds.
The County shall deliver to BANK within five (5) working days from the date of execution of this
agreement a list of those individuals authorized to act on behalf of the Court and the Clerks.
The BANK shall deliver to County on the date of execution hereof a Certified Corporate
Resolution of its Board or Directors approving this contract, the execution thereof and indicating
the authority of an individual(s) to pledge collateral on behalf of the BANK
EXECUTED this 30th day of November. 1998 by the undersigned duly authorized officers of the
parties hereto.
0
0
FOR THE FIRST NATIONAL BANK OF BRYAN BANK
MIKE A. HOLMGREEN DATE: November 30,19%
(Name)
AUde lnr4 Executive Vice President
(%Sg ahwe (ride)
FOR BRAZOS COUNTY:
Alvin W. Jones DATE: I _ S'_ q±~
(NAME)
C,.-. f X . C)~~ - , County Judge
(S rut ur) (ride)
VOL / PAIGE. 60 /
1
:s~
THE STATE OF TEXAS
COUNTY OF BRAZOS
BEFORE ME, on this day personally appeared Mike A. Holm ereen. Executive We President of
The First National Bank of Bryan BANK, known to me the person whose name is subscribed to
the forgoing instrument, and acknowledged to me that he/she executed the same as the act and
deed of the The First National Bank BANK a corporation, for the purpose and consideration
therein expressed and in the capacity therein stated.
GIVEN UNDER MY HAND AND SEAL OF OFFICE, this the W of November 1998.
FQD TAMMY L. BURCH p
Moury Pubk Sate of Tan
My Commission Eq*u
MAY 15.2002 No ry lic, fate of Texas
Printed Name: Tammy L. Burch
Commission Expires: 5-1Q 5-2002
THE STATE OF TEXAS
COUNTY OF BRAZOS
BEFORE ME, is day personally appeared
of BRAZOS COUNTY, TEXAS knoVm to me
the person w se amt- is bscribed to the forgoing instrument, and acknowledged to me that
he executed the same as the act and deed of the BRAZOS COUNTY, TEXAS, for the purpose and
consideration therein expressed and in the capacity therein stated.
GIVEN UNDER MY HAND AND SEAL OF OFFICE, this the of
`;'•t~ BEATRIZ D. GREEN
• : MY MMMISSIM P-MRES
to of Te
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BID SUMMARY SHEET
ADA COMPLIANT ELEVAT OR_
FOR ANNEX BLDG.
Company Name Total Price
Elevator Parts of Texas $ 24,950.00
Montgomery Kone Inc $ 44,000.00
Original budgeted amount In 1998 was $35,000.00, which was not carried over
to the 1999 budget • These funds will have to come from contingency
John Hachmann "AAf"
4
The State of Texas, County of BRAZOS
We, the undersigned, as County Commissioners within and for Brazos County, and the
Honorable Alvin W. Jones, County Judge of Brazos County, constituting the entire
Commissioners' Court of Brazos County, during a regular meeting of said Court have
examined the foregoing report and have caused an order to be entered upon the Minutes
of the Commissioners' Court of Brazos County approving said Report as presented and
submitted as true and correct by Kay Hamilton, Treasurer of Brazos County, as provided
for in the Revised Statutes of the State of Texas. (Texas Local Government Code,
114.026)
Witness my hand this 5th day of January A.D. 19 99
ary M
County Clerk, County of BRAZOS, State of Texas
Examined and approved in open Commissioners' Court this 5th day of
January A.D. 19__21.
Alvin
Tony J As, Co i oner Precinct #1
William mto ommis 'oner Precinct #2
Randy Si e commissioner Precinct #3
r1d0.. \ AA.. B~_
Cagey Caule Commissioner PyEcincy#4
Treasurer's Report dated: NOVEMBER 1998
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unv~unrn Anne reel)-nee n,- ecOnor
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FUND NAME
FUND BALANCE
INCOMING
INVESTED TEXPOOL
SUBTOTAL
DISBURSED
FUND BALANCE
INVESTED
ENDING BAL
10131/98
INTEREST - NOV.
11130198
11130198
GENERAL FUND
13,995,005 50
2,465,609 75
41,62766
16,502,242 91
2,293,118 46
14,209,124 45
13,099,75186
1,109,372 59
LAW LIBRARY
64,104 33
5,40591
-
69,510 24
1.33564
68,174 60
-
68,17460
APPELLATE JUDICIAL FUND
6,20884
1.20238
-
7,41122
-
7,411.22
-
7,41112
ALTERNATIVE DISPUTE RESOLUTN
28000
2,52000
-
2,80000
2.80000
-
2,80000
LEOSE FUND
15,056 86
27500
-
15,331.86
2,064 00
13,267 86
-
13,26786
COUNTY RECORDS MANAGEMENT
79,028 49
6.41673
-
85,445.22
-
85,445 22
-
85,445.22
COUNTY CLERK MGMT FUND
128,811.11
5,81544
-
134,626 55
3,83123
130,795 32
-
130,795 32
COURTHOUSE SECURITY FUND
236,735 60
9.41464
-
246.15024
-
246,150 24
-
246,150 24
SPECIAL FORFEITURE FUND
2,22001
1336
-
2.23337
-
2.23337
-
2,233.37
VIT INTEREST FUND
36,845 54
1,04755
11344
38,006.53
-
38,006 53
27,262 72
10,743.81
STATE LATERAL ROAD
76,84511
379 32
57 83
77.282 26
-
77,282 26
13,892.10
63,39016
GEN.PERMANENT IMPV.
4,272,584 04
13,941 70
-
4,286,525 74
15,37166
4,271,154 08
4,170,58313
100,570 95
ROAD 8 BRIDGE PROJECTS
833,043 67
18170
3,354.56
836,579 93
72,559 59
764,020 34
806.214 52
(42,19418)
HEALTH DEPARTMENT
299,148 63
93,915 85
-
393,064.48
84,126 98
308,937.50
-
308.93750
VOTER REGISTRATION
33,699 97
15648
33.85645
-
33,856 45
37,609 85
(3,753 40)
M.S.J. EXPANSION
7,028,575.37
12,804 68
7,041,380 05
-
7,041,380 05
7,079,17514
(37,795 09)
COURTHOUSE IMPROVEMENT
982,379 50
4,242.37
986,62187
16,776 40
969,845 47
1,019,580 20
(49,134 73)
RIGHT OF WAY
1,010,483 21
4.24237
1,014,125 58
75,00000
939,725 58
1,019,580 20
(79,854 62)
CAPITAL ROADS - R&B
1,010,483 21
4,24237
1,014,725 53
-
1,014,725 58
1,019,580 20
(4,854 62)
HEALTH 8 LIFE INSURANCE
1,006,359.18
243,055.46
3,02004
1,252,434.68
112,856 48
1,139,578 20
725,81454
413,76366
PAYROLL
408,428 87
788,29430
-
1,196,72317
1,014,628 47
182,094 70
-
182,094.70
BAIL BOND BOARD FUND
50,993 32
306 98
-
51,300 30
6917
51,231.13
-
51,231.13
COUNTY GRANTS
(36,472 51)
110,00713
73,534 62
107,796 72
(34,26210)
(34,26210)
TTL OF ACCTS.IN POOL : R •
x'•.31,640,847.85
3,747,603.20
' t:;x73,661.80
''35,362512.85
3,799,534.80
31,562,978.05
29,019,044.46
2,543,933.69
GEN OBLIG DEBT SVC
Meg
1,894,27134
`
SuR J 1q'
7,60910
S ' ,f ..5..,
1,902,080 44
W:..Q.yu• • u1
402 517 50
MR
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'
1499,56294
.y, n $
1,488,237 82
11,32512
Ya:~a`at,4
TOTAL
33,435,119.19
3,747,803.20
81,610.90
37,264,593.29
4,202,052.30
33,062,540.99
30,507,282.28
2.55 5 258.711
Thu report is submitted as true and correct to Commissioners Court b , Brazos County Treasurer, on Zhczi± ~ Ae5 ,1998•
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