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HomeMy WebLinkAbout1989-33 Designating Standard Pacific Savings and Loan as a Depository for the Funds of the Towns RESOLUTION NO. 33 Series of 1989 A RESOLUTION DESIGNATING Standard Pacific Savings and Loan, 4590 MaCarthur Blvd., Suite 125, Newport Beach, 92660 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 Standard Facific 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: 1. Standard Pacific 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 Vaal, 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 Standard Pacific Savings and Loan. When an account with Standard Pacific Savings and Loan is liquidated, a check shall be made to the Town of Vail and mailed to 75 S. Frontage Road, Vaii, Colorado 81657. 3. This Resolution shall take effect immediately upon its passage. INTRODUCED, READ, APPROVED AND ADOPTED th as 18th day of Ju1v. 1989 ~ J_ • K ~%1/I// J ~D'v~-r+ Kent 'Rose, Mayor A'I`T$ST uiu~d. ~iuu~ru~ Pamela A. Brandmeyer, Town Clerk