HomeMy WebLinkAbout1988-16 Designating the Capitol City Savings as a Depository for the Funds of the TownRESOLUTION N0. 16
Series of 1988
A RESOLUTION DESIGNATING Capitol City Savings 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 ox
financial institutions as depositories for funds of the Town; and
WHEREAS, the Town wishes to designate Capitol City Savings 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. Capital City Savings 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 Capitol City Savings. .When an account with
Capitol City Savings 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 5th day of
July, 1988.
h
V / _
Kent ose, Mayor
ST:
Pamela A. Brandmeye'r, Town Clerk