HomeMy WebLinkAbout1992-21 Authorizing Town Employees and Officers to Sing CHes Drawing on a Health Insurance Debit Account to be Opened by the Town at First Bank of VailRESOLUTION NO. 21
SERIES 1992
A RESOLUTION AUTHORIZING CERTAIN TOWN EMPLOYEES AND OFFIGERS
TO SIGN CHECKS DRAWING ON A HEALTH INSURANCE DEBIT ACCOUNT
TO BE OPENED BY THE TOWN AT THE FIRSTBANK OF VAIL,
AND FURTHER AUTHORIZING CERTAIN EMPLOYEES OF THE TOWN
TO MAKE DEPOSITS IN SAID ACCOUNT.
WHEREAS, the Town wishes to open account number 2296560318 at the FirstBank of
Vail; and
WHEREAS, the Bank requires a Resolution setting forth parties who are authorized to sign
checks drawing 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,
as follows:
1. The following officers and employees of the Town are hereby authorized in the
name of the Town, to collect, discount, negotiate, endorse, and sign aft checks, drafts, notes, and
other negotiable or nonnegotiable instruments payable to the Town, or in which the Town has an
interest, and to draw, sign, and delivery, in the name of the Town, checks or drafts against the
funds of the Town on deposit in said Bank:
A, Kenneth H. Hughey or his successor.
B. Stephen H, Barwick or his successor.
C. Randall V. Phillips or his successor.
2. For 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, ar other evidence of indebtedness far the payment of monies payable
to the order of the Town.
3. The authority of the aforesaid employees and officers to pertorm each and all the
powers conferred by the foregoing Resolution shalt continue until notice in writing, terminating
such authority, shall be served upon said Bank, and shall be noted upon the certified copy of
such Resolution as delivered to said Bank.
4. This Resolution shall take effect immediately upon its passage.
INTRODUCED, READ, APPROVED AND ADOPTED this 1st day of December,
1992.
C~(
Mar ret A. Osterfoss, A~yor
ATTEST:
Martha S. Raecker, Town Cterk
cw~so~ugz.~