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HomeMy WebLinkAbout1989-32 Designating Republic National Bank as a Depository for the Funds of the TownRESOLUTION NO. ~~ Series of 1989 A RESOLUTION DESIGNATING Republic National Bank, 2020 Central Ave., Phoenix, AZ, 85004 AS A DEPOSITORY FOR THE FUNDS OF THE TOWN AS PERMITTED SY THE CHARTER OF THE TOWN, ITS ORDINANCES, AND THE STATUTES OF THE STATE OF COLORADO WHEREAS, the Tawn has the power to designate banks or financial institutions as depositories for funds of the Town and WHEREAS, the Town wishes to designate Republic Natianal Bank as a depository for funds of the Town. NOW, THEREFORE, BE IT RESOLVED by the Town Council of the Town of Va~.l, Colorado, as follows: 1. Republic National 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 Republic National Hank, When an account with Republic Natianal Bank is lic;uidated, 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 18th day of July, 1984 A T: Lte..1 Pamela A. Brandmeyer, Town Clerk Kent Rose, Mayor