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HomeMy WebLinkAbout1994-20 Designating Colorado National Bank as the Depository for the Funds of the TownRESOLUTION N0. 20 Series of 1994 A RESOLUTION DESIGNATING COLORADO NATIONAL BANK 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 far funds of the Town and WHEREAS, the Town wishes to designate Colorado National Bank as a depository for funds of the Town. NOW, THEREFORE, BE IT RESOLVED by the Town Council of the Town of Vail, Colorado, as follows: 1. Colorado National Bank is hereby designated as a depository for the funds of the Town of Vail. 2, Steve Thompson, the Finance Director of the Town of Vail, or his successor, and Christine Anderson, Finance Controller of the Town of Vail, or her successor, and Judy Popeck, Accounting Technician of the Town of Vail, or her successor, are hereby authorized to open any deposit or checking accounts in the name of the Tawn of Vail at United Daniels Securities. When an account with Colorado National Bank is liquidated, a check shall be made to the Town of Vail and mailed to 75 S. Frontage Road, Vail, Colorado 1657. 3. This Resolution shall take effect immediately upon its passage. INTRODUCED, READ, APPROVED AND ADOPTED this ].8th day of 0ctober~1994. Marga et Osterfoss, M or EST: i viol y ~McCutcheon, .Town Clerk