HomeMy WebLinkAbout1989-19 Designating Midstate Savings and Loan for the Funds of the Townd _ - ~~ .w_.. 1
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RESOLUTION N0. ~9
Series of 199
A RESOLUTION DESIGNATING Midstate Savings and Loan
Association, 6810 York Rd., Baltimore, Maryland 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 Midstate Savings and
Loran Association as a depositary for funds of the Town.
NOW, THEREFORE, BE IT RESOLVED by the Town Council of the Town
of Vail, Colorado, as follows:
Midstate savings and Loan Association 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 Midstate Savings and Loan Association When
an account with Midstate Savings and Loan Association 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 2nd
day of May, ~~89
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Kent Rose, Mayor
ATTEST:
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Pamela A. Brandmeyer, Town Clerk