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