HomeMy WebLinkAbout1991-06 Authorizing Employees to Purchase, Sell, Resell to or from Paine Webber Rotan MosleRESOLUTION NO. 6
Series of 1991
A RESOLUTION AUTHORIZING EMPLOYEES OF THE TOWN OF VAIL TO
PURCHASE, SELL, RESELL, TO OR FROM PAINE WEBBER ROTAN
MOSLE; AND SETTING FORTH DETAILS IN REGARD THERETO.
WHEREAS, the Town Council wishes to give certain employees of
the Town trading authorization to deal with Paine Webber Rotan
Mosle.
NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN
OF VAIL, COLORADO, THAT:
1. Stephen Barwick, the Administrative Services Director or
his successor, and Steven Thompson, the Controller or his
successor, are hereby authorized, for and on behalf of the Town of
Vail, to purchase, sell, resell, to or from Paine Webber Ratan
Mosle any and all forms of investment instruments, allowed under
the Town of Vail's investment policy.
2. Any action taken by one of the above named employees of
the Town shall be deemed to be proper in connection with any
transaction with Paine Webber Rotan Mosle, and Paine Webber Rotan
Mosle may deal with any and all of them as though it were dealing
with the Town directly.
3. This Resolution shall take effect immediately upon its
passage. INTRODUCED, READ, APPROVED AND ADOPTED this 19th day of
Kent Rose, Mayor
February 1991.
ATTEST:
Pamela A. Brandmeyer, Town Clerk