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HomeMy WebLinkAbout1989-08 Designating Secureity Bank as a Depository of the TownRESOLUTION NO. 8 Series of 1989 A RESOLUTION DESIGNATING Security Sank of Kansas City,Seventh & Minnesota, Kansas City, Kansas AS A DEPOSITORY FOR THE FUNDS OF THE TOWN AS PERMITTED BY THE CHARTER OF THE TOWN, TTS ORDINANCES, AND THE STATUTES OF THE STATE OF COLORADO. WHEREAS, the Town has the power to designate banks or financial institutions as depositories for funds of the Town; and WHEREAS, the Town wishes to designate Security Bank of Kansas City as a depository for the funds of the Town. NOW, THEREFORE, BE IT RESOLVED by the Town Council of the Town of Vail, Colorado, as follows: 1. Security Bank of Kansas City is hereby designated as a depository for the funds of the Town of Vail. 2. Charles Wick, the Director of Administrative Services of the Town of Vail, or his successor, and Steve Thompson, Financial Controller of the Town of Vail, or his successor, are hereby authorized to open any deposit or checking accounts in the name of the Town of Vail at Security Bank of Kansas City. When an account with Security Bank of Kansas City is liquidated, a check shall be made to the Town of Vail and mailed to 75 S. Frontage Road, Vail, Colorado 81657. 3. This Resolution shall take effect immediately upon Sts passage. INTRODUCED, READ, APPROVED AND ADOPTED this 2nd day of May, 1989 Kent Rose, Mayor AT EST: Pamela A. Brandmeyer, Town Clerk