HomeMy WebLinkAbout1987-10 Designating SIiverado Banking Association as a Depository for the Funds of the Townr.
RESOLUTION NO. 10
Series of 1987
A RESOLUTION DESIGNATING SII.VERADO BANKING
ASSOCIATION 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
depositories for funds of the Town; and
WHEREAS, the Town wishes to designate Silverado Banking Association 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. Silverado Banking Association 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 Richard Parzonko, 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 Silverado Banking Association and to exercise Silverado
Banking Association's fund transfer agreement thereof.
3. This Resolution shall take effect immediately upon its passage.
INTRODUCED, READ, APPROVED AND ADOPTED this 17th day of March, 1987.
ATTEST:
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Pame]a A. Brandmeyer, T wn Cierk