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HomeMy WebLinkAbout1992-19 Authorizing Employees of the Town of Vail to Purchase, Sell, Resell to or From RAF Financial CorporationRESOLUTION NO. 19 SERIES 1992 A RESOLUTION AUTHORIZING EMPLOYEES OF THE TOWN OF VAIL TO PURCHASE, SELL, RESELL, TO OR FROM RAF FINANCIAL CORPORATION; AND Sr r r lNG FORTH DETAILS IN REGARD THERETO. WHEREAS, the Town Council wishes to give certain employees of the Town trading authorization to deaf with RAF Financial Corporation. NOW, THEREFORE, be it resolved by the Town Council of the Town of Vail, Colorado: 1. Stephen Barwick, the Administrative Services Director or his successor, Steven Thompson, the Controller ar his successor, and Shelly Shanley, the Assistant Controller or her successor, are hereby authorized, for and on behalf of the Town of Vail, to purchase, sell, resell, to or from RAF Financial Corporation 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 RAF Financial Corporation, and RAF Financial Corporation 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 1st day of December, 1992. Margaret A. Osterfoss, Mayor ATTEST: t, ~ IeiLCckr~~ Martha S. Raecker, Town Clerk G:WES~LU92.19