HomeMy WebLinkAbout1989-53 Designating Security Pacific State Bank as a Depository for the Funds of the TownRESOLUTION NO. 53
Series of 1989
A RESOLUTION DESIGNATING Security Pacific
State Bank, 1422 Culver Dr., Irvine, CA, 92714
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 far funds of
the Tawn and
WHEREAS, the Town wishes to designate Security
Pacific State Bank as a depositary for funds of the Town.
NOW, THEREFORE, BE IT RESOLVED by the Town Council
of the Town of Vail, Colorado, as follows;
1. Security Pacific State 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, ar
his successor, are hereby authorized to open any deposit
or checking accounts in the name of the Tawn of Vail at
Security Pacific State Bank. When an account with
Security Pacific State 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 Ju1v. 1989 ~ ,, ~/~
Kent Rose, Mayor
AT ST;
Pamela A. Brandmeyer, Town Clerk