HomeMy WebLinkAbout1989-29 Designating Underwood as a Depository for the Funds of the TownRESOLUTION NO. 29
Series of 1989
A RESOLUTION DESIGNATING Underwood, Neuhaus
and Company, P. O. Box 4522, Houston, Texas
77251 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 Underwood,
Neuhaus and Company 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:
1. Underwood, Neuhaus and Company 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 Vaii, or
his successor, are hereby authorized to open any deposit
or checking accounts in the name of the Town of Vail at
Underwood, Neuhaus and Company. When an account with
Underwood, Neuhaus and Company is liquidated, a check
shall be made to the Tawn of Vail and mailed to 75 5.
Frontage Road, Vail, Colorado 82657.
3. This Resolution shall take effect immediately
upon its passage. INTRODUCED, READ, APPROVED AND ADOPTED
this I8th day of July, 1989
Kent Rose, Mayor
ATT.~} ST•
Pamela A. Brandmeyer, Town Clerk