HomeMy WebLinkAbout1988-18 Designating Champion Savings Association as a Depository for the Funds of the TownRESOLUTION NO. 1$
Series of 1988
A RESOLUTION DESIGNATING CHAMPION SAVINGS ASSOCIATION AS A
DEPOSITORY FOR THE FUNDS OF THE TOWN AS PERMITTED BY THE
CHARTER OF THE TpWN, 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 Champion Savings
Association 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:
Champion 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 or checking accounts in the name
of the Town of Vail at Champion Savings Association When an
account with Champion Savings Association is liquidated, a wire
transfer should be made to the Town of Vail's account # 570-0337,
at the First Bank of Vail, Colorado.
3. This Resolution shall take effect immediately upon its
passage. INTRODUCED, READ, APPROVED AND ADOPTED this 5th day of
July 1988.
C~
Kent Rose, Mayor
EST:
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Pamela A. Brandmeye , Town Clerk