HomeMy WebLinkAbout1988-21 Designating First Bank of Gladston as a Depository for the Funds of the TownRESOLUTION NO. 21
Series of 1988
A RESOLUTION DESIGNATING First Bank of Gladstone 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 DF 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 First Bank of Gladstone
as a depnsitary for the funds of the Town.
NOW, THEREFORE, BE IT RESOLVED by the Town Council of the Town
of Vail, Colorado, as follows:
1. First Bank of Gladstone is hereby designated as a
depository fnr 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 Tawn of Vail, or his successor, are hereby
authorized to apen any deposit or checking accounts ~.n the name of
the Town of Vail at First Bank of Gladstone. When an account with
First Bank of Gladstone is liquidated, a check shall be made to the
Town of Vail and mailed to 75 S. Frontage Rvad, Vail, Colorado
81657.
3. This Resolution shall take effect immediately upon its
passage. INTRODUCED, READ, AFPROVED AND ADOPTED this nth day of
July, 198$.
Rent Rbse, Mayor'
A 5T:
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Pamela A. Brandmeyer, Town Clerk