T~ N;~.p~ G~~TY ~~ ~FwCI.J~~'l"'~r ~i~l~i~; ~=il'sl~~ "~"~~J~" ~-n ~~ i ~ the :l ~~ day of ~'eb~r~+.~ary ~.~~~~ +.~pon mo•t i on mare by comma. ~~a.ot~+~r~ !-~o~~karnp~ ~ec:ot~ded by C~ammi~~ioner ~eh~.~r~~ ~~~~ C~o+.~r~t ~inanimo~.«ly approved by ~ vote of 4-~-~-, ~~ r~e~.ea~e ~ h e ~ ~. ed g era ~ ec+~cr~ x ~ ~ ~~ ~ ~~ f ~ M~.t~1~, +~+.t~ ~ p #;~; ~. ~;4~~~~M~3 9 ~+_t e ~- ~ ~~.._~-~~~ ~ ~~;:~~ ~ ~. ;~'~/., ~~~~ ~ x pay #~c~;~~f~~:., :~~~ ~'r~m gin, ~x :[ ~L" ; ~+.~~ a. p #~~:4~ ~~~'.C7~~; ~+.~e ~'~1~-~~, tat e ~" ~~"~~ ~~ece i p~ #~~~~4~:, an~i approve r,e~~~a~ing ~~, ~;~~~, ~~+~. ~-~ wM~.i~~, ~+~~~ip # 1 ~•~~~~4~"~~ ~}+ae ~•~~-~-~+~~•~ fat e r . ~,~"r~, ~e~e i p~ # ~7~i~~~: w i ~ h ~e~+.~r~ x ~ y fan k and ~'r+.t~~p COUNTY JUDGE ROBERT A. DENSON COMMISSIONERS COURT RAY LEHMAN, PCT. 1 T. H. "BUTCH" LACKEY, PCT. 2 GLENN K. HOLEKAMP, PCT. 3 BRUCE OEHLER, PCT. 4 << e to THE COUNTY COURT OF KERR COUNTY, TEXAS 700 MAIN KERRVILLE, TExns 78028 TEL: (210) 257-6711 FAx: (210) 257-6716 Febn~ary 1, 1996 Security State Bank & Trust P.O. Box 471 Fredericksburg, Texas 78624 Attn: Susan Behrends CLERK PATRICIA DYE ADMINISTRATIVE ASST. THEA SOVIL Ken County Commissioners' Court in a Special Meeting on February 1, 1996 released the following pledged securities: FHLMC, Cusip #3134000H9, Due 8-10-99; Rate 6.25%, Receipt #038492. Shem~an, Tx ISD; Cusip #824178KM8; Due 2-15-96, Rate 5.85%, Receipt #075242. The Court also approved the following as a replacement. $1,500,000 FI~.MC; Cusip #313400F40; Due 4-5-04, Rate 7.03%, Receipt #075242. Very truly yours, ~~ R bert A. Denson Ken County Judge RAD/ts