HomeMy WebLinkAbout1989-14 Designating Sterling Savings and Loan as a Depository for the TownRESOLUTION NO. 14
Series of 1989
A RESOLUTION DESIGNATING Sterling Savings and Loan, 19752
MaCarthur Blvt3., Irvine, California 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 Sterling Savings and
Loan as a depositary far the funds of the Town.
NOW, THEREFORE, BE YT RESOLVED by the Town Council of the Town
of Vail, Colorado, as follows:
1. Sterling Savings and Loan is hereby designated as a
depository for the funds of the Town of Vail.
2. Charles Wick, the Director of Administrative Services of
the Town of Vail, or his successor, and Steve Thomgson, 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 Sterling Savings and Loan. When an account with
Sterling Savings and Laan is liquidated, a check shall be made to
the Town of Vail and mailed to 75 5. Frontage Road, Vail, Colorado
1657.
3. This Resolution shall take effect immediately upon its
passage. INTRODUCED, READ, APPROVED AND ADOPTED this 2nd
day of Mav. 1989
Kent Rose, Mayor
ATTEST:
Pamela A. Brandmeyer, Town Clerk