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HomeMy WebLinkAbout1989-46 Designating Charter Bank for Savings as a Depository for the Funds of the TownJ RESOLUTION NO. 46 Series of 1989 A RESOLUTION DESIGNATING Charter Bank for Savings, P, O. Box 15Q69, Sante Fe, New Mexico, 87506 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 Charter Bank for Savings 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. Charter Bank far Savings is hereby designated as a depository for the funds of the Town of Vail. 2. Charles Wick, the Director of Administrative 5erva~ces 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 Charter Bank for Savings. When an account with Charter Bank for Savings is liquidated, a check shall be made to the Town of Vail and mailed to 75 S. Frontage Raad, Vail, Colorado 81657. 3. This Resolution shall take effect immediately upon its passage, INTRODUCED, READ, APPROVED AND ADOPTED this 18th day of ,luXv, 1989 .• C)'L~r Kent dose, Mayor Pamela A. Brandmeyer, Town Clerk