HomeMy WebLinkAbout1988-24 Designting Olney Savings Association as a Depository for the Funds of the TownRESOLUTION NO. 24
Series of 1988
A RESOLUTION DESIGNATING Olney Savings Association AS A
DEPOSITORY FOR THE FUNDS OF THE TOWN AS PERMITTED BY THE
CHARTER OF THE TOWN, zT5 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 Tawn; and
WHEREAS, the Town wishes to designate Olney 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:
1. Olney Savings Association is hereby designated as a
depositary 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 Olney Savings Association. When an account
with Olney Savings Association 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, 3958.
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Rent R se, Mayor
ATTEST:
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Pamela A. Brandmeyer, Town Clerk