HomeMy WebLinkAbout1989-10 Designating Coral Coast Savings Bank as a Depository for the Townrr
RESOLUTION NO. 10
Series of 1989
A RESOLUTION DESIGNATING Coral Coast Savings Bank, 113
N. Congress Ave., Boynton Beach, Florida 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 for funds of the Town; and
WHEREAS, the Town wishes to designate Coral Coast Savings Bank
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. Coral Coast Savings Bank is hereby designated as a
depositary for the funds of the Tawn 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 Coral Coast Savings Bank. When an account with
Coral Coast Savings Bank 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 its
passage. INTRODUCED, READ, APPROVED AND ADOPTED this 2nd
day of Mav. 1989
v O'er .
Kent Rose, Mayor
ATTEST:
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Pamela A. Brandmeyer, Town Clerk