HomeMy WebLinkAbout1989-12 Designating First Federal Banks of the Carolinas as a Depository for the Funds of the TownRESOLUTION NO. 12
Series of 1989
A RESOLUTION DESIGNATING First Federal of the Carolinas,
P. D. Box 5249, High Point, North Carolina 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 First Federal of the
Carolinas as a depository for the funds of the Town.
NOW, THEREFORE, BE IT RESOLVED by the Town Council of the Tawn
of Vail, Colorado, as follows:
1. First Federal of the Carolinas 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 First Federal of the Carolinas. When an account
with First Federal of the Carolinas is liquidated, a check shall
be made to the Town of Vail and mailed to 75 5. Frontage Road,
Vail., Colorado 81657.
3. This Resolution shall take effect immediately upon its
passage. INTRODUCED, READ, APPROVED AND ADOPTED this 2nd
day of May, 1989 .
Kent Rose, Mayor
ATTEST:
Pamela A. Brandme~ye~ Town Clerk