HomeMy WebLinkAbout1989-55 Designating Homestead Savings Association as a Depository for the Funds of the TownRESOLUTION NO. 55
Series of 1989
A RESOLUTION DESIGNATING Homestead Savings
Association, P. O. Box 390, Middletown, PA,
7057 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 Town and
WHEREAS, the Town wishes to designate Homestead
Savings Association 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. Homestead Savings Association 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
oar checking accounts in the name of the Town of Vail at
Homestead Savings Association. When an account with
Homestead Savings Association 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 1Sth day of Aur~use. 1989
e
Kent Rose, Mayor
ST.
Pamela A. Brandmeyer, Town Clerk