HomeMy WebLinkAbout1994-25 Authorizing Certain Town Employees and Officers to Sign Checks Drawing on Existing Accounts or Accounts to be Opened in the Future of the Town at First BankRESOLUTION NO. 25
SERIES OF 1994
A RESOLUTION AUTHOR4ZING CERTAIN TOWN EMPLOYEES AND OFFICERS
TO SIGN CHECKS DRAWING ON EXISTING ACGOUNTS
OR ACCOUNTS TO BE OPENED IN THE FUTURE OF THE TOWN
AT THE FIRSTBANK OF VAIL
AND FURTHER AUTHORIZING CERTAIN EMPLOYEES OF THE TOWN
TO MAKE DEPOSITS IN SAID ACCOUNTS.
WHEREAS, Resolution No. '17, Series of 1993 authorized certain Town employees and
officers to sign checks drawing on existing accounts at FirstBank of Vaii; and
WHEREAS, it is necessary to add to the list of employees and officers authorized to sign
checks and make deposits in said accounts; and
WHEREAS, the bank requires a Resolution setting forth parties who are authorized to sign
checks drawn on funds in the account and who are authorized to deposit in said account.
NOW, THEREFORE, be it resolved by the Town Council of the Town of Vail, Colorado:
1. The following employees of the Town is hereby authorized in the name of the
Town, to collect, discount, negotiate, endorse, and sign all checks, drafts, notes, and other
negotiable or non-negotiable instruments payable to the Town, or in which the Town has an
interest, and to draw, sign, and deliver, in the name of the Town, checks or drafts against the
funds of the Town on deposit in said Bank.
Pamela A. Brandmeyer, Assistant Town Manager or her successor; and
R. Thomas Moorhead, Tawn Attorney or his successor.
2. f=or the purpose of deposit in the account of the Town with the Bank, any Town
officer or employee of the Finance Department may endorse, sign, or deliver on behalf of the
Town, any checks, orders, or other evidence of indebtedness for the payment of monies payable
to the order of the Town.
3. In addition to those individuals specifically named and their successors, the Town
Manager has the authority to appoint ar nominate additional employees or officers to sign checks.
Such authority must be communicated to the Bank in writing with a sample of the individual's
signature.
4. The authority of the aforesaid employees and officers to perform each and aH the
powers conferred by the foregoing Resolution shall continue until notice in writing, terminating
Resolution No. 25, Series al 1994
such authority, shall be served upon said Bank and shall be no#ed upon the certified copy of such
Resolution as delivered to said Bank.
5. This resolution shall take effect immediately upon its passage.
INTRODUCED, READ, APPROVED AND ADOPTED this 6th day of December, 1994.
f 7"~.C.t/~ ~"~'
Marg rat A. Ostertoss, Mayor(
ATTEST:
Holly . McCutcheon, Town Clerk
C:IRESOLtJ94.25
Resoiutian No. 25, Series of 1994