HomeMy WebLinkAbout1988-23 Designating MertiBanc Savings as a Depository for the Funds of the TownRESOLUTION NO. 23
Series of 1988
A RESOLUTION DESIGNATING MeritBanc Savings AS A
DEP052TORY FOR THE FUNDS OF THE TOWN AS PERMITTED BY THE
CHARTER OF THE TOWN, ITS ORDINANCES, AND THE STATUTES OF
THE STATE OF COLpRADO.
WHEREAS, the Town has the power to designate banks or
financial institutions as depositories for funds of the Tawn; and
WHEREAS, the Town wishes to designate MeritBanc Savings as a
depository far the funds of the Town.
NOW, THEREFORE, BE IT RESOLVED by the Town Council of the Town
of Vail, Colorado, as follows:
1. MeritBanc Savings is hereby designated as a depositary for
the funds of the Town of Vail.
2. Charles Wick, the Director of Administrative Services of
the Tawn 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 MeritBanc Savings. When an account with
MeritBanc 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
Tuly, 1988.
Rent Dose, Mayor
EST
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Pamela A. Brandmeyer, Town Clerk