HomeMy WebLinkAbout1990-19 Authorizing to Rent a Safe Deposit Vault at the First Bank of VailRESOLUTION N0. 19
Series of 1990
A RESOLUTIDN AUTHORIZING THE TDWN OF VASL TO
RENT A SAFE DEPOSIT VAULT AT THE FIRST BANK OF
VAIL AND AUTHORIZING CERTAIN OFFICERS TO SIGN
A LEASE THEREFOR, TQ TERMINATE THE LEASE, TD
SURRENDER THE BOX, RETURN THE KEYS, AND
RELEASE THE BANK FROM ANY LIABILITY IN
CONNECTION THEREWITH.
WHEREAS, the Town has the power to rent safe deposit boxes in
financial institutions; and
WHEREAS, the Town wishes to rent a safe deposit box at the
First Bank of Vail.
NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN
OF VAIL, COLORADO, as follows:
1. Ron Phillips, or his successor as Town Manager, and Steve
Barwick, or his successor as Administrative Services Director, are
hereby authorized to rent a safe deposit box in the First Bank of
Vail safe deposit vault and to sign on behalf of the Town a lease
therefor, to terminate the lease, to surrender the box, return the
keys, and release the bank from any liability in connection
therewith. Included in this authorization is access to such box
and control of the contents thereof by the above named officers.
2. At least ane of the authorized officers set forth above
shall be present whenever access is had to the box and shall sign
whatever application for access may be required by the bank as a
prerequisite to granting access to said box.
3. This authorization shall remain in effect until and unless
the bank if notified otherwise by the Town.
INTRODUCED, READ, APPROVED AND ADOPTED this "/I~ day of
C~,u,~,~' , 19 9 0 .
v ~ ~i-yC '
Kent R. Rose, Mayor
ATTEST.
Pamela A, Brandmeyer; Town Clerk