HomeMy WebLinkAbout2000-01 Designating Charles Schwab and Company Inc. as a Custodial Account and Money Market Fund as a Money Market Account1
RESOLUTION NO. 1
Series of 2000
A RESOLUTION DESIGNATING CHARLES SCHWAB AND COMPANY,
INC. AS A CUSTODIAL ACCOUNT AND SCHWAB MONEY MARKET
FUND AS A MONEY MARKET ACCOUNT FOR THE FUNDS OF THE
TOWN AS PERMITTED BY THE CHARTER OF THE TOWN, IT
ORDINANCES, AND THE STATUTES OF THE STATE OF COLRADO.
WHEREAS, the Town has the power to designate banks or
financial institutions and money market accounts for funds of the
Town; and
WHEREAS, the Town wishes to designate accounts for funds of
the Town managed by Dana Investment Advisors,
NOW, THEREFORE, BE IT RESOLVED by the Town Council of the
Town of Vail, Colorado, as follows:
1. Charles Schwab and Company, Inc., and Schwab Money
Market Fund are hereby designated as a custodial account and
money market account, respectively, for the funds of the Town of
Vail managed by Dana Investment Advisors.
2. Steve Thompson, the Finance Director of the Town of
Vail, or his successor, and Christine B. Stouder, Finance and
Budget Manager of the Town of Vail, or her successor, and Judy
Popeck, Accounting Technician of the Town of Vail, or her
successor, are hereby authorized to open a Charles Schwab and
Company, Inc. custodial account and money market account in the
name of the Town of Vail.
3. This Resolution shall take effect immediately upon its
passage. INTRODUCED, READ, APPROVED AND ADOPTED this 18th day of
January 2000.
ATTES
v
Ludwig Kur , Mayor
a OF iA14
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orel:i Donaldson, Town Clerk
COL MO