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HomeMy WebLinkAbout1989-17 Designating Security Savings and Loan as a Depository for the Funds of the TownRESOLUTION NO. I7 Series of 199 A RESOLUTION DESIGNATING Security Savings and Loan, 12A9 N. Milwaukee Aver Chicago, Illinois 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 Security Savings and Loan 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: 3. Security 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 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 Va3.1 at Security Savings and Loan When an account with Security Savings and Loan is liquidated, a check shall be made to the Town of Vail and mailed to 75 S. Frontage Road, Vail, Colorado, 8].657. 3. This Resolution shall take effect immediately upon its passage. INTRODUCED, READ, APPROVED AND ADOPTED this 2nd day of May, 1989 Kent Rose, Mayor ATTEST:. G.1 ~ ~~U~U~.1 Pamela A. Srandmeyer, Town Clerk