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HomeMy WebLinkAbout1989-21 Designating First National Bank of Glens Falls as a Depository fo the Funds of the Townw RESOLUTION N0. 21 Series of 1.9$9 A RESOLUTION DESIGNATING First National Bank of Glens Falls, 237 Glen Street, Glens Falls, New York 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 Townj and WHEREAS, the Town wishes to designate First National Bank of Glens Falls as a depository for funds of the Town. NOW, THEREFORE, BE IT RESOLVED by the Town Council~of the Town of Vaal, Colorado, as follows: 1. First National Bank of Glens Falls 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 National Bank of Glens Falls When an account with First National Bank of Glens Falls 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 May, 1989 Kent Rose, Mayor ~A TEST: ! R u~ Pamela A. Brandmeyer, Town Clerk zt..,