HomeMy WebLinkAbout1992-05 Designating Colorado Surplus Asset Fund Trust as a Depository for the Funds of the Townr. '"~
RESOLUTION N0.5
SERIES 1992
A RESOLUTION DESIGNATING COLORADO SURPLUS ASSET FUND TRUST,
1800 GLENARM PLACE, SUITE 400, DENVER, COLORADO 80202
AS A DEPOSITORY FOR THE FUNDS OF THE TOWN
AS PERMITTED BY THE CHARTER OF THE TOWN, ITS ORDINANCES,
AND THE STATUTES OF THE STATE OF COLORADO.
WHEREAS, the Town has the power to designate banks or financial institutions as
depositories for funds of the Town; and
WHEREAS, the Town wishes to designate Colorado Surplus Asset Fund Trust as a
depository for funds of the Town.
NOW, THEREFORE, BE IT RESOLVED by the Town Council of the Town of Vail,
Colorado, as follows:
1. Colorado Surplus Asset Fund Trust is hereby designated as a depository for the
funds of the Tawn of Vail.
2. Steve Barwick, the Director of Administrative Services of the Town of Vail, ar his
successor, and Steve Thompson, Financial Controller of the Town of Vail, or his successor, are
hereby authorized to open any deposit or checking accounts in the name of the Town of Vail at
Calarada Surplus Asset Fund Trust ("C Safe"). When an account with C Safe is closed, a check
shall be made to the Town of Vail and mailed to 75 S. Frontage Road, Vail, Colorado 8i 657.
3. This resolution shall take effect immediately upon its passage.
INTRODUCED, READ, APPROVED AND ADOPTED this 3rd day of March, 1992.
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Marg ret A. Osterfoss, Major
ATTEST:
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Martha 5. Raecker, Town Clerk
C:1RES~LU92.5