HomeMy WebLinkAbout1988-27 Designating Sunbelt Savings Association of Texas as a Depository for the Funds of the TownRESDLUTION N0. 27
Series of 1988
A RESOLUTION DESIGNATING Sunbelt Savings Association of
Texas 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 OF CDLORADO.
WHEREAS, the Town has the power to designate banks or
financial institutions as depositories far funds of the Town; and
WHEREAS, the Town wishes to designate Sunbelt Savings
Association of Texas 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. Sunbelt Savings Association of Texas is hereby designated
as a depository far 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 Vaii, or his successor, are hereby
authorized to open any deposit or checking accounts in the name of
the Town of Vail at Sunbelt Savings Association of Texas. When an
account with Sunbelt Savings Association of Texas 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 shah take effect immediately upon its
passage. INTRODUCED, READ, APPROVED AND ADOPTED this 5th day of
July, 1988. /^~
r 1
Kent R se, Mayon'
EST:
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Pamela A. Brandmeyer, Town Clerk