HomeMy WebLinkAbout1988-26 Designating Suffield Bank as a Depository for the Funds of the TownRESOLUTION NO. 2b
Series of 1988
A RESOLUTION DESIGNATING Suffield Bank AS A DEPOSITORY
FDR THE FUNDS OF THE TOWN AS PERMITTED BY THE CHARTER OF
THE TOWN, ITS ORDINANCES, AND THE STATUTES OF THE STATE
4F' 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 Suffield Bank as a
depositary for the funds of the Town.
NOW, THEREFORE, BE IT RESOLVED by the Town Council of the Town
of Vail, Colorado, as follows:
1. Suffield Bank 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 Tawn of Vail, or his successor, are hereby
authorized to open any deposit or checking accounts in the name of
the Town of Vail at Suffield Bank. When an account with Suffield
Bank is liquidated, a check shall be made to the Town of Vail and
mailed to 75 S. Frontage Road, Vail, Colorado 81557.
3. This Resolution shall take effect immediately upon its
passage. INTRODUCED, READ, APPROVED AND ADOPTED this 5th day of
July, 198$.
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Kent ose, Mayor `
AT ST:
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PanFe~.a A. Brandmeyer, Town Clerk