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03-28-1973-Resolution-Borrowing money from First National Bank of Sanger-Chevy TruckRESOLUTION WHEREAS, The First National Bank of Sanger is the official depository of the City of Sanger, Texas; and WHEREAS, the said First National Bank of Sanger is in the business of loaning funds for interest; and WHEREAS, the First National Bank of Sanger has ex- pressed a desire to loan the City of Sanger necessary funds to purchase a Chevolet 2-ton pick-up truck; and WHEREAS, such funds will carry simple interest at the rate of six (6) per centum per annum; NOW THEREFORE, BE IT RESOLVED by the City Council of the said City of Sanger, Texas, that the First National Bank of Sanger is hereby authorized to loan funds as may be necessary for the purchase of said truck, and charge interest at the rate of six (6) per centum per annum until maturity. PASSES AND APPROVED by the City Council of the City of Sanger this the 28th day of March, 1973. ty Secretary