HomeMy WebLinkAbout1988-35 Designating National Bancshares Corporation as a Depsotory for the Funds of the TownRESOLUTION NO. 35
Series of 1988
A RESOLUTION DESIGNATING NATIONAL BANCSHARES CORPORATION,
P . O. DRAWER 121 , SAN ANTONIO, 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
COLORADO.
WHEREAS, the Town has the power to designate banks or
financial institutions as depositaries for funds of the Town; and
WHEREAS, the Town wishes to designate National Bancshares
Corporation as a depository for the funds of the Town.
NOW, THEREFORE, BE TT RESOLVED by the Town Council of the Town
of Vail, Colorado, as follows:
1. National Bancshares Corporation is hereby designated as a
depository for the funds of the Tawn 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 successnr, are hereby
authorized to open any deposit or checking accounts in the name of
the Town of Vail at National Bancshares Corporation. When an
account with National Bancshares Corportioan 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 6th day of
tember, 1988 ~~~~~~
Kent Rose, Ma orY
ST:
7i~'r.(kU~
Pamela A, Brandmeyer,'Town Clerk