HomeMy WebLinkAbout1989-16 Designating Franklin Banks as a Depository for the Funds of the TownRESOLUTION NO, 15
Series of 198,9
A RESOLUTION DESIGNATING Franklin Bank, P. O. Box 7539,
San Mateo, 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 Franklin Hank 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. Franklin Bank 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 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 Franklin Bank When an account with Franklin
Bank is liquidated, a check sha11 be made to the Town of Vail and
mailed to T5 S. Frontage Road, Vail, Colorado 81657.
3, This Resolution shall take effect immediately upon its
passage. INTRODUCED, READ, APPROVED AND ADOPTED this 2nd
day of Slav, 1989
O~'"?iL-
Kent Rvse, Mayor `'
ATTEST;
1. ~I~
Pamela A, Brandme er, Town Clerk