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HomeMy WebLinkAbout1989-18 Designating Hawhorne Savings and Loan for the Funds of the TownRESOLUTION N0. 18 Series of 199 A RESOLUTION DESIGNATING Hawthorne Savings and Loan, 13001 S. Hawthorne Blvd., Hawthorne, California AS A DEPOSITORY FOR THE FCTNDS 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 ar financial institutions as depositories for funds of the Town; and WHEREAS, the Town wishes to designate Hawthorne Savings and Loan as a depository for funds of the down. NOW, THEREFORE, BE IT RESOLVED by the Town Cotancil of the Town of Vail, Colorado, as follows: i. Hawthorne 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 Vaii, or his successor, are hereby authorized to open any deposit or checking accounts in the name of the Town of Vail at Hawthorne Savings and Loan When an account with Hawthorne Savings and Loan is liquidated, a check shall be made to the Town of Vail and mailed to 75 S. Frontage Road, Vail, Colorado 81657. 3. This Resolution shall take effect immediately upon its passage. INTRODUCED, READ, APPROVED AND ADOPTED this day of May, 1989 ATTEST; , QQ~~~~~ Pamela A. Brandmeyer, Town Clerk as." , . o~ Kent Rose, Mayor 2nd