HomeMy WebLinkAbout1989-17 Designating Security Savings and Loan as a Depository for the Funds of the TownRESOLUTION NO. I7
Series of 199
A RESOLUTION DESIGNATING Security Savings and Loan, 12A9
N. Milwaukee Aver Chicago, Illinois 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 Security Savings and
Loan as a depository for funds of the Town.
NOW, THEREFORE, BE IT RESOLVED by the Town Council, of the Town
of Vail, Colorado, as follows:
3. Security Savings and Loan 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 Va3.1 at Security Savings and Loan When an account
with Security Savings and Loan is liquidated, a check shall be made
to the Town of Vail and mailed to 75 S. Frontage Road, Vail,
Colorado, 8].657.
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:.
G.1 ~ ~~U~U~.1
Pamela A. Srandmeyer, Town Clerk