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HomeMy WebLinkAbout1989-34 Designating Century Bank of Suffolk as a Depository for the Funds of the TownRESOLUTION NO. 34 Series of 1989 A RESOLUTION DESIGNATING Century Bank of Suffolk, 460 Broadway, Chelsea, MA 02150 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 ar financial institutions as depositaries for funds of the Town and WHEREAS, the Town wishes to designate Century Bank of Suffolk 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. Century Bank of Suffolk is hereby designated as a depository for the funds of the Town of Vail. 2. Charles Wiek, the Director of Administrative Services of the Town of Vail, or his successor, and Steve Thompson, Financial Controller of the Town of Vail, ar his successor, are hereby authorised to open any deposit or checking accounts in the name of the Town of Vail at Century Bank of Suffolk. When an account with Century Bank of Suffolk is liquidated, a check shall be made to the Town of Vail and mailed to 75 S. Frontage Road, Vail, Colorado 81.657. 3. .This Resolution shall take effect immediately upon its passage. INTRODUCED, READ, APPROVED AND ADOPTED this 18th day of Juiv. 1989 ,,, y~ ,. Kent Rose, Mayor ATT T: Pamela A. Brandmeyer, Town Clerk