HomeMy WebLinkAbout1988-13 Designating United Savings Associtation of Texas as a Depository for the Funds of the TownRESOLUTION N0. 13
Series of 1988
A RESOLUTION DESIGNATING United Savings Association of
Texas AS A DEPOSITORY FOR THE FUNDS OF THE TOWN A5
PERMITTED BY THE CHARTER OF THE TOWN, iT5 ORDINANCES, AND
THE STATUTES OF THE STATE OF COLORADO.
WHEREAS, the Town has the power to designate banks or
financial institutions as depositaries far funds of the Town; and
WHEREAS, the Town wishes to designate United Savings
Association of Texas as a depository for the funds of the Town.
NOW, THEREFORE, BE IT RESOLVED by the Town Council of the Town
of Vail, Colorado, as follows:
1. United Savings Association of Texas 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 United Savings Association of Texas, When an
account with United Savings Association of Texas is liquidated, a
check sha11 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 5th day of
Jttly, 1988.
Kent Rose, Mayor
ST:
Pamela A. Brandmeyer, Town Clerk