HomeMy WebLinkAbout1989-48 Designating Coast Bank as a Depository for the Funds of the Townv.._ --
RESOLUTION NO. 48
Series of 1989
A RESOLUTION DESIGNATING Coast Bank, P. O. Box
3628, Long Beach, CA, 90802 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 DF 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 Coast Bank as
a depository for funds of the Town.
NDW, THEREFORE, BE IT RE50LVED by the Tawn Council
of the Town of Vail, Colorado, as follows:
1. Coast 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
Coast Bank. When an account with Coast 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
Bent Rase, 1Kayor
St~'I~t.t~G~~ d . ~ ~t..1~~.U.a1,U'ti-1
Pamela A. Brandmeyer, Town Clerk