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HomeMy WebLinkAbout1989-39 Designating First Cheshire Bank as a Depository for the Funds of the TownRESOLUTION NO. 39 Series of 1989 A RESOLUTION DESIGNATING First Cheshire Bank, 15 Main Street, Keene, NH, 03431 AS A REPOSITORY 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 Tawn has the power to designate banks or financial institutions as depositories for funds of the Town and WHEREAS, the Town wishes to designate First Cheshire Bank as a depository for funds of the Tawn. NOW, THEREFORE, BE IT RESOLVED by the Town Council of the Town of Vail, Colorado, as follows: 1. First Cheshire Bank is hereby designated as a depositary 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 First Cheshire Bank. When an account with First Cheshire Bank 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 18th day of July, 1989 ~/ IC J~,~ ~ Kent Rose, Mayor Pamela A. Brandmeyer, Town Clerk