HomeMy WebLinkAbout1989-50 Designating Souhegon National Bank as a Depository for the Funds of the Town4
RESOLUTION NO. 50
Series of 1989
A RESOLUTION DESIGNATING Souhegon National
Bank, 26 Nashua Street, Milford, NH, 03055 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 Souhegon
National Bank as a depository far funds of the Town.
NOW, THEREFORE, BE IT RESOLVED by the Town Council
of the Town of Vail, Colorado, as follows:
1. Souhegon National 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
Souhegon National Bank. When an account with Souhegon
National 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 .~/
J
Kent Rose, Mayor
A EST:
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Pamela A. Brandmeyer, Town Clerk