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HomeMy WebLinkAbout1991-07 Authorizing Employees to Purchase, Sell, Resell to or from Liberty Capital MarketsRESOLUTION NO. 7 Series of 1991 A RESOLUTION AUTHORIZING EMPLOYEES OF THE TOWN OF VAIL TO PURCHASE, SELL, RESELL, TO OR FROM LIBERTY CAPITAL MARKETS; AND SETTING FORTH DETAILS IN REGARD THERETO. WHEREAS, the Town Council wishes to give certain employees of the Town trading authorization to deal with Liberty Capital Markets. 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 Liberty Capital Markets 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 Liberty Capital Markets, and Liberty Capital Markets 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 February ATTEST: Pamela A. Brandme er, Town Clerk 1991. Kent Rose, Mayor